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Filed bankruptcy January 2014. The bank is wanting to incentivize me and allow a short sale. The act of 2007.
Derek's answer
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Answered on October 01, 2014
Debts discharged in bankruptcy never incur tax liability. Your personal liability for the mortgage was discharged in a bankruptcy so you will not...
Archived
Chapter 7 Bankruptcy -Transfer on Death Inheritance- in 180 days.
Derek's answer
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Answered on October 01, 2014
Mr. Pearson makes some interesting points, but I agree with Mr. Markus that it sure sounds like the investments you will receive would qualify as...
I am about to file chapter 13. My daughter is in the middle of ortho treatment. Do I include the ortho in the bankruptcy?
Derek's answer
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Answered on October 01, 2014
You should be able to continue seeing the same orthodontist but make sure you are current on your bill with the ortho and that you do not have to...
Archived
Judgment creditor attached lien to home. Later I filed chapter 7 & received discharge. Does interest stop & will it fall off ?
Derek's answer
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Answered on October 01, 2014
The interest will not stop. The judgment lien will remain on your house until judgment liens naturally expire in CA. Here in NC the life of a...
Archived
Can the limits of household goods be doubled for Joint debtors in a motion to avoid a lien on household goods in bankruptcy?
Derek's answer
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Answered on October 01, 2014
At least where I practice (ED of NC) the answer is yes, assuming the items are jointly owned. Go the hearing and if no one from Tower shows, then...
Archived
Can I reopen my chapter 7 in Riverside with a "form" motion. Case was closed b4 I could file final docs in my lien avoidance mot
Derek's answer
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Answered on October 01, 2014
There is not going to be a form motion for this sort of issue because it does not happen with regularity. You'll need to draft a motion, file it...
If i decide to have my chapter 13 dismissed will I lose, for example I have my home, a vehicle in with chpt 13.
Derek's answer
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Answered on October 01, 2014
Without know the circumstances of your case, it is impossible to know what will happen. But if you are paying your mortgage arrears and paying...
Car valuation for ch. 7 bankruptcy - (Middle District of Florida -Tampa Div.) -- is vehicle condition taken into account?
Derek's answer
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Answered on October 01, 2014
You have a reasonable basis for arguing the car has a lower value than the NADA guide suggests, but I would advise getting a more recent estimate...
Archived
What is the usual fee for a simple chapter 7 bankruptcy
Derek's answer
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Answered on October 01, 2014
The filing fee is $335 plus additional mandatory fees for credit counseling and a financial management course will add between $30-75 depending on...
Archived
At what point in the bankruptcy process does a chapter 7 trustee determine a cars equity?
Derek's answer
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Answered on September 30, 2014
Everything is determined as of the filing date so you should have a good idea what the trustee's opinion is at the 341 date. The trustee has 30...
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