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Ok I have posted before regarding PNC MORTGAGE........i am post petition Chapter 7. after learning that my house was declared ..
Derek's answer
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Answered on July 22, 2014
As the old adage goes "Only a fool has himself for a client" but other than that old adage (and common sense) there is nothing that would prevent...
I have a land contract, will filing a chapter 13 bankruptsy affect this?
Derek's answer
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Answered on July 22, 2014
The answer is definitely MAYBE. We don't have enough information to really give you a firm answer as both Mr. Granvold and Mr. Elie both advised. ...
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Chapter 13?
Derek's answer
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Answered on July 21, 2014
I agree with Ms. Larkin. Be aware that while it is possible to discharge student loans, it is not easy nor straightforward. Having someone who...
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I am over my head in debt. My impulsive desire of helping others in need has put me in the same position They are in.
Derek's answer
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Answered on July 21, 2014
Your best option is to go see one or more of the many fine bankruptcy attorneys in Chicagoland who can give you more specific advice about your...
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I have an active chapter 13 that gets deducted from my check every 2 weeks.
Derek's answer
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Answered on July 21, 2014
Call your payroll department and call the trustee to make sure everyone is on the same page. Beyond that there is not a great deal you can do....
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How does a filing of bankruptcy effect on an upcoming eviction?
Derek's answer
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Answered on July 21, 2014
The automatic stay becomes effective immediately upon the filing of your Ch7 and will stop the landlord from taking any steps to collect a debt...
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Hypothetically speaking, 1 has done a CH 13 & now working on LMM, if LMM goes thru can 1 still walk away from hse if to much $
Derek's answer
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Answered on July 19, 2014
No, probably not if you stated in your Ch13 plan that you were intending to keep the house. Ch13 does not discharge personal liability for long...
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I surrendered my car to the court through chapter 13,how long do they have to pick it up?
Derek's answer
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Answered on July 19, 2014
Clean your personal belongings out of the car then drive it until they get around to repoing it. Keep it insured as long as it is your possession,...
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Is it at all possible for a chapter 13 bankruptcy to go beyond the 60 month repayment plan?
Derek's answer
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Answered on July 19, 2014
You cannot propose a plan that runs longer than 60 months. But I have had plans that end up being 65-66 months and they run 60 months from...
Can I assume my parents' mortgage when they file Chapter 7 bankruptcy? Not sure if it's a FHA or USDA loan, I think not...
Derek's answer
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Answered on July 19, 2014
I agree with all my colleagues that you and especially your father need to consult with an experienced bankruptcy attorney to determine what will...
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