Archived
Is this my money since was discharged, even if they file with ucc (I am not suure about right name for their filing--- ucc)?
Derek's answer
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Answered on January 16, 2015
I think the key here is that you sold the award, meaning you transferred your right to collect the award to someone else for consideration (money)....
Archived
Does her new car loan have any bearing on our joint debt?
Derek's answer
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Answered on January 14, 2015
It doesn't matter what we say, what matters is what the two of you can agree to, or in the alternative, what a judge orders you to do. It may be...
Archived
I asked them to send me information about where to send money or information about regarding this matter
Derek's answer
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Answered on January 14, 2015
This has all the hallmarks of being a scam. Do not send them any money. A legitimate creditor will be able to send you a bill and some...
If I file bankruptcy, can I keep my Disney Vacation Club timeshare?
Derek's answer
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Answered on January 13, 2015
Maybe. Regardless of whether your timeshare shows up on credit reports, you have to list it as property that you own and the money you have to pay...
Can I withdraw money out of my 401k to pay the fees of a bankruptcy attorney if I have no other financial ability to pay?
Derek's answer
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Answered on January 13, 2015
Sure you can. But you will likely incur extra taxes for doing so and our local Bankruptcy Administrator (what in other districts is the UST) takes...
Archived
How much insurance on house ,filed & closed bankrupty two years ago?
Derek's answer
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Answered on January 13, 2015
First the easy answer. The mortgage company has the right to be named as loss payee in the event of a loss such as fire, regardless of whether you...
Archived
Bankruptcy and workers comp settlement
Derek's answer
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Answered on January 12, 2015
Typically workers comp settlements are exempt in NC, but you should definitely consult with one of the fine bankruptcy attorneys in Wilmington. Try...
Archived
Can a district court ovr turn chapter 7 discarge
Derek's answer
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Answered on January 12, 2015
Are you talking about a state court or a federal district court? A state court cannot but a federal district court could, but it would be very...
Archived
Vehicle value and other requirements regarding Florida Chapter 7 Bankruptcy.
Derek's answer
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Answered on January 12, 2015
Mr. Harrell is correct. The exemption covers the equity you would have in a vehicle, not the Fair Market Value of a vehicle, so if you can buy a...
Archived
A question regarding Student Loans (Federal) and Ch. 13 Bankruptcy...
Derek's answer
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Answered on January 12, 2015
Your student loans would be paid at the same rate as your other unsecured creditors which means they will very likely get next to nothing and even...
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