Chapter 7 exemptions

The Statement of Financial Affairs specifically asks for the disclosure of any transfers within 24 months of filing, but the separate Calfornia...

IRA and Chapter 7

The Statement of Financial Affairs specifically asks for the disclosure of any transfers within 24 months of filing, but the separate Calfornia...

Does a Malicious Prosecution fall under the "Possible Future Creditor" category if listed by the same party?

Yes, a malicious prosecution action would be separate from your action. If you were to lose the malicious prosecution argument, then it is...

Bankruptcy. I filed for chapter 7 using an attorney to file. I need to pay extra to have him at a 341 hearing. Is it necessary?

At the risk of receiving more outrage and further shocking other attorneys here, I would like to offer another perspective: I charge a flat fee...

Exemptions - Savings account and Chapter 7.

I concur with attorney Whitaker concerning your ability to do some pre-bankrupty planning. Yes, you can contribute to your IRA and do other things...

If I file a bankruptcy and have a care that is valued at $6,000 and the exemption amount is only $2775 will I lose it in the bk?

First, make sure you are operating on correct assumptions. You say your vehicle is "valued at $6,000." How did you determine that value? In the...

I live in California, and would like to know if I can file a bankruptcy seperate from my husband?

Yes, in California, given the facts you state, you can file individually. On the Chapter 7 Means Test you would just check box 2c "Married, not...

Is it true I cannot qualify for HARP loan mod because I did not reaffirm my original mortgage in Chpt 7 bankrupcy?

I agree with the previous responses. I recently had a client in your identical situation with Wells Fargo. We were able to reopen the case for...

SOL in California

Any payment toward the debt is considered an acknowledgment of the debt and restarts the statute of limitations. So, in your fact scenario, the...

Yes, the Trustee reviews everything and can even ask for additional supporting documents. Even with the 38 pages from the attorney (which is...