If I can only pay $1-5 towards credit card and medical bills will that keep my bill from going to a collections agency?
Derek's answer
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Answered on March 10, 2019
No. Making any payments that are below the minimum payments the creditor demands will not prevent them from reporting delinquent payments to the...
Archived
Bankruptcy and foreclosure?
Derek's answer
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Answered on March 10, 2019
You need to speak with an experienced bankruptcy attorney in your area tomorrow. You will need to file a ch13.
Archived
In chapter 13 bankruptcy law, is the burden of proof on the creditor to "prove beyond doubt" they have right to sell property?
Derek's answer
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Answered on March 09, 2019
The proof of claim (POC) has a presumption of validity. If you dispute the proof of claim you have to file an objection to the POC. The judge will...
Archived
Can I fill bankruptcy on credit card debt of about 18 thousand dollars without loosing my home or car. I am in my seventies .
Derek's answer
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Answered on March 09, 2019
I agree with Ms. Coleman. You esky need to have an in person consultation with an experienced bankruptcy attorney. There are a number of issues...
Archived
I currently in bankruptcy, it may get dismissed.
Derek's answer
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Answered on March 09, 2019
You may not have to wait at all. You will probably have to file a motion to impose or extend the automatic stay. You should retain an experienced...
Archived
Do I have to surrender my inheritance right after declaring bankruptcy?
Derek's answer
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Answered on March 08, 2019
If you don't pay the remaining installment your case will likely be dismissed. However, if your goal is to not have a bankruptcy on your credit...
Does union vacation pay count as income or an asset in terms of the means test?
Derek's answer
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Answered on March 08, 2019
Yes, to both questions. The money is income and the account is just a savings account based on your description. You should consult with and retain...
Archived
If personal Injury settlement is negotiated outside of court, Does the debtor needs to disclose settlement amt to Ch 13 trustee?
Derek's answer
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Answered on March 08, 2019
You need to consult with a local bankruptcy attorney. The safe answer is yes, this should be disclosed to the trustee. But some states have an...
Archived
Chapter 7 & mortgage. What changes with the loan?
Derek's answer
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Answered on March 07, 2019
Nothing changes. The debtor's personal liability is discharged. That's it. Everything else remains exactly the same.
Archived
When you file a chapter 13 bankruptcy and have to make payments to a trustee, can you find out where your payments went
Derek's answer
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Answered on March 07, 2019
I agree. As long as you get your discharge at the end of your case, why do you care? This assumes that your mortgage or car lender (or other...
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