Archived
In a collection msj that has been forwarded to a trial date, is it too late to strike evidence or does it matter at this time.
William's answer
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Answered on January 04, 2012
I see that your question has been posted under the practice area of "Debt Collection", however you refer to a motion for summary judgment, a trial...
Archived
Once payment to a collection agency is made, how soon after do they have to notify the dmv?
William's answer
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Answered on January 03, 2012
Not sure about the law on AZ (I'm in CA), but one suggestion I can make would be to contact your local DMV to find out what they would want to see...
Archived
Are settlements dis-chargeable?
William's answer
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Answered on January 03, 2012
I agree with the previous answers. The key points being that generally a settlement obligation is dischargeable, so long as the settlement does...
Archived
Should i do chapter 7 or 13
William's answer
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Answered on January 02, 2012
More detail would be needed, but I can assume you are far behind on your mortgage payments. In that situation, the best way to avoid foreclosure...
Archived
Filed a Ch 7 BK, without reaffirming our two vehicles, is it possible to trade-in, the upside one without carrying the negative.
William's answer
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Answered on January 02, 2012
The keys here are, as you stated, you did not reaffirm tbe loan, you are severely upside down, and your BK has already been discharged. Since the...
The timeshare loss mitigation says our debt will disappear with Dh Ch7 even though my name is on the deed.Does this sound right?
William's answer
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Answered on January 02, 2012
More than likely they will not pursue you since you will receive the benefit of a "phantom discharge". In other words, since you are in a...
What happens to a federal tax lien after 10 years if the tax liability was discharged in bankruptcy?
William's answer
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Answered on December 31, 2011
You should consult with a local BK atty to have your tax transcript reviewed and any tolling periods.calculated to see if the tax would be...
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Archived
If I obtain a personal loan Chapter-7 post-petition, but prior to discharge, can the trustee seize that money to pay creditors?
William's answer
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Answered on December 31, 2011
Once you file a bankruptcy, all of your assets become the property of the United States Trustee. In you BK petition you would claim exemptions for...
Archived
How can I avoid filing for bankruptcy if I am one of two parties involved in an outstanding debt of $120,000?
William's answer
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Answered on December 31, 2011
There are several issues that come to mind that your question touches on. I would recommend consulting with a local experienced bankruptcy...
Archived
I am engaged to a european. I want to file bankruptcy but want to marry before I do. How do I not affect his new credit ability?
William's answer
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Answered on December 31, 2011
1. Yes, your debts are your own befor the marriage and would be the only ones included in your post-marriage bankruptcy filing. You can file the...
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