A bankruptcy attorney just told me that a Chapter 7 trustee can take my homestead exemption away. Is this true?

That "trick" only works if you have not claimed the homestead exempt because of the lack of equity. The trustee can not take the homestead...

A bankruptcy lawyer just told me something in consultation that I don't believe, can someone tell me if he was right or wrong?

Without details I am not completely sure what you are talking about. However, as to the basic question; trustees receive $60.00 in every case. If...

If my dismissed Chapter 7 bankruptcy case is re-opened by a trustee will the stay be reinstated? Please see details. Thanks.

The stay will go into effect when the case is reopened either until your discharge or until a creditor gets relief from the stay by filing a motion...

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Chapter 7

Unfortunately, the vehicle, which has no lien attached, would be an asset of the estate. Based on your other assets you might be able to claim...

I cashed in my 401K a year ago to pay off a loan to my employer, Can I still file bankruptcy?

You can certainly file. The trustee will look at the prospects of pursuing your employer. You need to talk to an attorney familiar with the...

The gun trust will not help. However you have a personal property exemption that may help protect those assets depending on what other assets you...

Chapter 7 bankruptcy and keeping primary vehicle for work

If there is equity in the vehicle, you will have to pay for it.

Whatever the result the crime should be reported. I would happy to discuss.

Our chapter 11 bankruptcy was discharged 03/2014. We received a notice of payment due for back HOA fees on a condo incl in the

I can't speak to what your attorney did or did not do. Situations are different. Also, it is possible that the creditor would not accept a Deed...

Although the funds may technically belong to the mortgage company, you may collect the rent assuming the trustee has either abandoned the property...