Archived
Chapter 7 with 1st and HELOC
Peter's answer
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Answered on May 13, 2011
When you reaffirm the first mortgage, you somewhat tie yourself to the other liens on the property, which in this case is the HELOC. As others have...
Archived
I filed a chapter 7 bankruptcy in the state of GA my 341 hearing is 25 May 11. I just received a Notion of Judgement court date
Peter's answer
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Answered on May 11, 2011
When you filed your bankruptcy case, you received protection from creditors through what is called "the automatic stay." This prevents actions like...
Archived
Bankruptcy question?
Peter's answer
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Answered on May 11, 2011
You should not lose the car assuming the new loan was taken out in good faith. You did not explain all the details behind the transaction, so it is...
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