Archived
I have $50,000 in credit card debt , no income, no assets why file bankruptcy ?- family supports me I'm
80 yrs old.
Derek's answer
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Answered on September 05, 2014
If you have no assets and no income other than social security, you may well be judgment proof and it may not be necessary to file bankruptcy. The...
Archived
In need of an Attorney for help with an S Corp and potential Bankruptcy
Derek's answer
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Answered on September 05, 2014
As Ms. Bunce indicated we are not allowed to directly solicit business on this forum. Use the attorney finder tool on this page or go to...
Archived
After a civil Judgment is placed on me...If I file Bankruptcy can they take the car and boat in which i own in full?
Derek's answer
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Answered on September 05, 2014
In NC we have to use the NC exemptions rather than the federal exemptions. In NC there is no specific exemption for boats and our motor vehicle...
Archived
Financing a car while in Chapter 7 Bankruptcy
Derek's answer
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Answered on September 05, 2014
Chapter 7 is different than Ch13 and you do not need court approval to incur debt while in a Ch7. Make sure you can afford the new debt because...
Archived
I filed a chapter 7 on 9/15/2006 when can I file another chapter 7?
Derek's answer
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Answered on September 04, 2014
8 years after the filing date of your first case you will be able to file another Ch7 and receive a discharge.
Archived
Can i file a Chapter 7 strip lien and have my HOA lien eliminated
Derek's answer
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Answered on September 04, 2014
Depends on what kinds of liens. The HOA lien probably not as in many states, HOA liens are statutory liens and cannot be stripped. The other liens...
Archived
I have done some research, but probably gonna need a bankruptcy attorney.
Derek's answer
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Answered on September 04, 2014
Actually, the foreclosure by your first mortgage will wipe out the junior liens so that is unlikely to be a problem. I think you would have a hard...
Archived
Cannot make mortgage payments.
Derek's answer
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Answered on September 04, 2014
Eventually the mortgage company forecloses. Prior to that your city and county may cite you if you fail to keep your lawn mowed and your house...
Archived
Can I file a Chapter 13 Bankruptcy with $300,000 in student loan debt?
Derek's answer
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Answered on September 04, 2014
No, the debt limit for a Ch13 is about $360k so if your total unsecured debt is $320 you would not be above the debt limits for a Ch13. You should...
Archived
I missed my 1st initial payment after i file bko now dismiss
Derek's answer
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Answered on September 04, 2014
I agree you need to hire an attorney. If you are within 10 days from the date of the dismissal of your case, your attorney may be able to file a...
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