Would paying a 457b government loan off before filing for bankruptcy be consider Preferential Transfer?
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Answered on February 25, 2024
If it is before 90 days of filing then it is outside the preference period. It is within 90 days of filing, the payments must total $600 or more...
Buying a car in chapter 13?
Mario's answer
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Answered on February 24, 2024
Normally, there is no restriction on buying a car for cash while in Chapter 13. The one sticking point was expertly pointed out by Mr. Caldwell. ...
Can a ch 7 discharged student loan be put back on credit report 6-10 years later?
Mario's answer
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Answered on February 24, 2024
I agree with the excellent answers above. Step one is disputing the debt. Step two is to call the credit to see what is happening. Ms. Bunce is...
Can I use Nevada bankruptcy exemptions while filing chapter 7 in Florida?
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Answered on February 24, 2024
As you can see from the excellent answers above, there are many factors which determine the correct exemptions . Write down all dates for each...
I want to file chapter 7 but I have a equity in my home.
Mario's answer
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Answered on February 22, 2024
I would caution against getting the 2nd before filing Chapter 7. It could be considered bad fait which could result in a dismissal with no...
Can a auto finance company garnish wages if the vehicle that is/was financed is totaled from a an accident ?
Mario's answer
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Answered on February 21, 2024
You have a major debt, so maybe you should consider bankruptcy. A bankruptcy will stop the garnishment and discharge the debt. Does it make sense...
In Virginia do you automatically qualify for Chapter 7 Bankruptcy if you pass the means test
Mario's answer
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Answered on February 21, 2024
Passing the means test is a big plus. However, your case can still be dismissed for abuse based on a totality of the circumstances (assuming most...
Can liens go away if I file for bankruptcy chp 13?
Mario's answer
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Answered on February 21, 2024
I do do not believe so unless the lien is paid in the Chapter 13 plan. Domestic support obligations must be paid in Chapter 13 with the exception...
What is to much money of disposable income to qualify for chapter 7 bankruptcy
Mario's answer
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Answered on February 21, 2024
Disposable income is a term of art in bankruptcy. A complicated means test is used to determine if you can qualify for Chapter 7. So you should...
If I filed a chapter 7 bankruptcy would I still be able to keep my mobile home if it was included in the bankruptcy ?
Mario's answer
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Answered on February 21, 2024
Chapter 13 is the type of bankruptcy to file to prevent foreclosure and cure the default on the loan. Get 2-3 free consultations asap from...
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