Archived
I recently filed for chapter 7 bankruptcy and was discharged. My sister wants to lend me some money to pay down on my car loan.
Derek's answer
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Answered on July 18, 2014
I agree with my colleagues. If your case has been discharged, the funds that your sister gives or loans you are safe from the Trustee. In fact,...
What is involved in Filing Chapter 7 Bankruptcy?
Derek's answer
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Answered on July 17, 2014
The questions you ask are good, but the answers are time consuming. Sufficiently time consuming that I usually spend about half an hour talking...
Archived
Does Chap 7 bankruptcy lead to any taxes owed the IRS?
Derek's answer
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Answered on July 16, 2014
If I understand what you are asking correctly, the answer is no. Debts discharged in bankruptcy are not treated as taxable income the the debtor...
Archived
I need advice from a bankruptcy lawyer.
Derek's answer
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Answered on July 16, 2014
I would not worry about it. Your firm was supposed to withhold money from the employee's paycheck, but if it was not done and the employee has...
Archived
Filing Ch. 7 soon - financing two cars - upside down on both - can I roll only ONE car into the Ch. 7?
Derek's answer
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Answered on July 15, 2014
You have an attorney, you should discuss this with your attorney. You have to list all assets you have and all your liabilities. If you want to...
Archived
I filed chapter 7 wanted car and home. After all said and done a year later I called for payoff to sell and was inform I lost it
Derek's answer
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Answered on July 15, 2014
I am sorry, I do not understand what you are asking, can you please update to clarify what you are asking about, please?
Archived
How can I surrender a vehicle whose balance was charged off in my bankruptcy?
Derek's answer
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Answered on July 14, 2014
Call BoA's bankruptcy department or their loss mitigation department and tell them you are taking the car to the nearest branch and dropping the...
Archived
I took out a loan against my car title 1.5 yrs ago. I included it in my ch 7 filing
Derek's answer
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Answered on July 14, 2014
First, look into whether car title loans are legal in your state. If not and you crossed state lines to take out the title loan, the loan may not...
Archived
Would I be sued for a debt although I have filed for bankruptcy but didn't add it to my schedule because it hadn't surfaced?
Derek's answer
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Answered on July 13, 2014
You reside in the the Fourth Circuit and your personal liability for the debt will be discharged regardless of whether or not you amend to add the...
Archived
Is an adversary complaint considered service if the summons has not been issued by the clerk of court?
Derek's answer
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Answered on July 13, 2014
The other party would have 30 (possibly 20) days from the date they receive the summons and complaint, either through service via certified mail,...
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