Mortgage Balloon payment coming up and unable to refinance . Will chapter 13 buy me some time to pay off the balloon?
Mario's answer
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Answered on November 15, 2023
Yes, a Chapter 13 can help with your situation. In most 13s, the balloon is paid in the plan over 5 years. If that makes the plan payment...
What happens to cosigners if student loans are discharged through bankruptcy?
Mario's answer
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Answered on November 15, 2023
There is new guidance making the discharge of government backed student loans, but this give you little relief. You will want to see a bankruptcy...
Can one still file bankruptcy if they are in a debt counseling program??
Mario's answer
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Answered on November 14, 2023
Yes, you can file a bankruptcy even though you are enrolled in a debt resolution plan. The course you have to take just briefs you on bankruptcy,...
I had a car repossessedin 2003 and now a lawyer is contacting me to say theyre going to put a judgement against me.
Mario's answer
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Answered on November 14, 2023
The debt may be beyond the statue of limitations. However, that does not prevent them suing you. If they sue, you must file a written response...
I filed for chapter 13 literally just recently in Michigan I’m injured now off work and have to receive work comp payments how ?
Mario's answer
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Answered on November 13, 2023
It is time to consult with your lawyer about your options. Maybe you can get a reduced payment. Your attorney should know all available options.
Bankruptcy and Automatic Stay
Mario's answer
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Answered on November 13, 2023
It depends. The automatic stay only applies if you have some interest or right in the property. Some states have a law that provides for...
Can a lawyer suspend my drivers license and car tag?
Mario's answer
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Answered on November 13, 2023
If you were not insured (or maybe under insured) this may be legit. Many states have laws that provide for the suspension of a license for not...
How can I totally resolve my failed business and get out of its debts?
Mario's answer
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Answered on November 13, 2023
Yes, you can file bankruptcy. In almost all cases, it is best to file a personal bankruptcy. It will be on your credit report for 7 to 10 years...
I need help! I need to trade my vehicle ASAP but I’m in chapter 13 and my lawyers won’t answer this question ?
Mario's answer
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Answered on November 12, 2023
Ask for an office meeting with your lawyer to see if you can get an answer. Most districts require either trustee or court permission to incur...
What does the final audit and required laws followed mean at the end of chapter 13 in Arkansas?
Mario's answer
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Answered on November 12, 2023
I sounds like you are referring to the Trustee's final audit after a case is paid. If so, this audit has nothing to do with you. This is where...
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