Archived
My car was totalled without gap insurance. Lender will not reduce payment should I let it go to collections?
Derek's answer
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Answered on March 24, 2018
You can let it go to collections but who knows if you'll be able to get them to accept $50/month. I suspect they'll want more than what you...
Archived
I filed a chapter 13 in 2017 I have a question about?
Derek's answer
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Answered on March 24, 2018
You are required to report these insurance payments and the inheritance to the trustee administering your case. The trustee can take the whole...
Archived
Business Banckruptcy
Derek's answer
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Answered on March 23, 2018
What you can keep when you File Bankruptcy depends on what your state's laws allow you to exempt. I will defer to Mr. Dedio since he is licensed in...
What do I do after I receive a satisfaction of judgment letter?
Derek's answer
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Answered on March 23, 2018
The creditor is supposed to File the satisfaction of judgment with the clerk of court within 30 days. If they sent you a certificate of service, I...
Archived
How long does a person have to file a judgement on a personal loan to someone??
Derek's answer
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Answered on March 23, 2018
You can't keep suing him for the same actions or set of facts. You sued him and got a judgment then let that judgment expire. Too bad. You won your...
Archived
Our chapter 13 case was dismissed due to missed payments in Mississippi..how long do I have before the repo of my vehicle happen
Derek's answer
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Answered on March 23, 2018
Once they stay lifts on your finished ch13 the creditor can repo the collateral anytime. Completely up to them. Get your new case filed sooner than...
Archived
Is this wiped off my credit report?
Derek's answer
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Answered on March 23, 2018
I'd check to see if any judgements were filed against you in the county in which you live now and where you lived back then. If no judgments or...
Archived
What do I need to do with the house and mortgage so that I am the only one with ownership to the house?
Derek's answer
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Answered on March 23, 2018
If a quit claim deed has been filed, his name is off the title to the home. His bankruptcy will eliminate his personal liability for the mortgage....
Archived
Can I purchase a car then put it in chapter 13
Derek's answer
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Answered on March 23, 2018
If you're asking whether you can buy a car then include it in a previously filed Ch13, the answer is no. If you're asking whether you can buy a...
Can I mortgage property as life tenant in a life estate?
Derek's answer
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Answered on March 22, 2018
This is not a bankruptcy question. You need tip speak with a tax attorney and a probate attorney.
Unfortunately the device I'm using won't...
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