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I am looking at filing a 13. I borrowed $ on my business property in the late 90's. Will a 13 allow me to keep the property?
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Answered on April 05, 2012
If your name is on the title, which I suspect it is if you were the grantor of the security interest, you effectively pledged your business...
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I am trying to save my home with a chapter 11 but I have limited money
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Answered on April 05, 2012
I agree. Lack of cash flow is often the death knell for any Chapter 11 case, and I do not know a single attorney, save for pro-bono or "low-bono"...
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Bankruptcy/ reasonable, abuse
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Answered on April 04, 2012
In a situation such as this, unless the money is protected by being in a qualified retirement account, a Chapter 7 Trustee would take the amount...
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Chapter 7, protect asset
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Answered on April 04, 2012
If that "savings account" is not a Roth IRA, 401k, or other qualified ERISA retirement account, the Chapter 7 Trustee is going to have a field day...
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I live in minnesota, and am curious to what are the exemptions for filing bankruptcy
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Answered on April 03, 2012
This Minnesota Lawyer's website has the answers you are looking for: http://www.mn-bankruptcy.com/exemptions.html
You need to consult an attorney.
Archived
If i am married, can i file chapter 7 bankrupsy just on old credit card debts that have judgements and on numerous medical bills
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Answered on March 31, 2012
Whatever you do, DO NOT transfer any property to another person prior to filing bankruptcy. As previously mentioned, this will have severe...
Archived
Filed Chapter 7 in 2009, stayed in home, keeping payments current...options now?
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Answered on March 27, 2012
If the house is your principal residence, you absolutely cannot cram down the mortgage to the value of your home. Secondly, Dorothy is correct...
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Should I list our home exempt, if there is no equity?
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Answered on March 27, 2012
Exemption laws vary from state to state, but in Georgia, you can apply up to $5000 of your unused homestead exemption to another non-exempt asset....
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Chapter 13 bankruptcy in sc
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Answered on March 27, 2012
It sounds like the Chapter 7 Trustee is concerned with preferential payments. In bankruptcy, money you pay to pre-petition creditors within 90...
Archived
I have not made a house payment in over a year, cause of a chapter 7 bankruptcy.
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Answered on March 27, 2012
Your lender may have chosen not to foreclose on the property to avoid the liability and property taxes associated with the property, although that...