Archived
How does a 2nd mrtg holder loose protection if a BK 13 ends after the term expires when there is equity from the first?
Derek's answer
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Answered on March 10, 2014
I am afraid I do not understand what you are asking. I see you have a quote from somewhere, where? What do you mean by lose protection?
Archived
Can a mortgage loan servicer make you pay income taxes on the discharged debt, even if property was written off in bankruptcy?
Derek's answer
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Answered on March 10, 2014
When you file your taxes for the tax year for which they sent you the 1099, you will need to file an IRS form 982 with your return reminding the...
Can the bank record a assignment of mortgage after bankruptcy?
Derek's answer
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Answered on March 10, 2014
Your personal liability for the second mortgage was discharged by the bankruptcy. In this case it is largely administrative shuffling of the deck...
Archived
When I receive form edc 5-200 does that mean my chapter 13 payments ends.
Derek's answer
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Answered on March 10, 2014
Make your plan payments as usual until you receive a refund from the trustee just to make sure you have mad all the payments that you are required...
Archived
I was discharged of all debts in bankrupcy 7-12-2013 but the usda took my 2013 tax refund agian can I get it back?
Derek's answer
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Answered on March 07, 2014
If the debt was for a foreclosed mortgage loan, the USDA should not have intercepted your refund. Contact the attorney that assisted you with your...
Archived
WHAT FORMS ARE USED TO LIST YOUR RESIDENTIAL AND CELL PHONE CONTRACTS ON
Derek's answer
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Answered on March 07, 2014
Schedule G and statement of intentions.
Archived
I have a car that I owe 9,7775 on but the value is around 3,000 I am filing chapter 7 bankruptcy can I exempt this property
Derek's answer
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Answered on March 07, 2014
Why in the world do you want to pay almost $7k more for a car than it is worth? In your situation the best advice I can give is to either: 1)...
Archived
FILEING CHAPTER 7 BANKRUPTCY AND WOULD LIKE TO KNOW WHAT FORMS YOU LIST YOUR RENTAL APARTMENT DEPOSIT ON
Derek's answer
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Answered on March 07, 2014
Schedule B and schedule C. Please turn the ALL CAPS off. You should reconsider filing with out an attorney. Pro Se debtors in bk usually make a...
Archived
FILEING CHAPTER 7 BANKRUPTCY AND NEED TO UNDERSTAND WHAT CONTINGENT, LIQUIDATED AND UNLIQIDATED ITEMS ARE.
Derek's answer
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Answered on March 07, 2014
Student loans are not priority debts, they are nondischargeable but not priority and are to be listed on Schedule F. Most garden variety consumer...
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Archived
In Chapter 13 Bankruptcy with a lien strip on primary residence. Now I need to rent it. Is this ok?
Derek's answer
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Answered on March 07, 2014
Go ahead and move. Your attorney should know how to change your address with the courts so make sure you tell him what your new address is so that...
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