Archived
Will chapter 7 use a website estimate if I already have several estimates from different realtor who sells homes in my area ?
Derek's answer
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Answered on September 29, 2018
You are required to use the most accurate estimate of your home's value available to toit when estimating the value. If you have estimates from...
Can you file for bankruptcy twice in the state of CA?
Derek's answer
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Answered on September 28, 2018
Yes. Ch7 bankruptcy can be filed and receive a discharge once every 8 years. For a more thorough review of the rules regarding the time between...
I have a lien on my car that was collateral for a personal loan. After chapter 7, how do I get my name off the title?
Derek's answer
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Answered on September 28, 2018
They are under no obligation to repo the car. If you want to keep the car, make them an offer. There's nothing illegal about that and if they're...
Archived
Is it mandatory did I pay homeowners association dues
Derek's answer
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Answered on September 28, 2018
If you don't pay your HOA dues, the HOA will be able to place a lien on your property and eventually foreclose. Yes, You need to pay your HOA dues.
Archived
How is a home's equity calculated?
Derek's answer
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Answered on September 28, 2018
I'm unclear how you'd have your whole debt that encumbers jointly held property. In most states all property owners at least have to sign the deed...
Archived
If I want to keep my car after bankruptcy, do I need to continue making payments?
Derek's answer
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Answered on September 28, 2018
Make the payments if you want to keep the car. Two completely separate things. Exemptions protect the equity you have in the car from other...
Does a judgment on a second mortgage go completely away in Chapter 13?
Derek's answer
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Answered on September 28, 2018
In my state a judgment becomes a lien against any real property owned by the debtor in the county in which the judgment is entered automatically....
Can you be held liable for a debt that was settled in a class action lawsuit?
Derek's answer
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Answered on September 28, 2018
I suspect this is a scam. Payday loans have been illegal in NC for 10+ years so you can complain about this to the NC Attorney General's Consumer...
Archived
Is it ok my lawyer entered a "lower" amt than what I pd on my Chapter 7 form: Disclosure of Compensation of Attorney 4 Debtor?
Derek's answer
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Answered on September 28, 2018
The $335 is for the filing fee and, while you paid it to your attorney, it is not actually compensation to her, she's going to pay it to the...
I was unemployed when I filed Chapter 7 bankruptcy. I am now working at a firm in TX. Can the trustee take my earnings?
Derek's answer
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Answered on September 27, 2018
No. Unless you had a firm offer of this job at the time you filed, you will be fine. Even then it is debatable whether the trustee or the US...
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