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Filed chapter 7 bankruptcy last year, house included. Can I walk away with no recourse from the lender?
Allen's answer
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Answered on August 22, 2014
Mark is correct, assuming that you did not sign and file a reaffirmation agreement during the course of your Chapter 7 bankruptcy you don't owe...
Archived
I have file a chapter 7 and the house I owned will be sold soon by the bank. Can they put anything on my credit report.
Allen's answer
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Answered on August 15, 2014
Lewis is right as to the debt. The bank can also note that the house was sold in foreclosure, if in fact that was the case.
Can I recover money for salary back-pay if employer files for business and personal bankruptcy?
Allen's answer
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Answered on August 14, 2014
Signing an IOU won't help. The good news is that as a "priority" creditor, owed less than $12,475 earned within 180 days prior to the case filing,...
Do I need a lawyer to file a chapter 13 bankruptcy? What are the costs?
Allen's answer
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Answered on August 14, 2014
It is possible to file your own case, but you are unlikely to succeed. Chapter 13 has lots of pitfalls for the unwary that can cause your case to...
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I received a copy of a document that was submitted to the court that says "Satisfaction of Mortgage." What does that mean?
Allen's answer
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Answered on August 14, 2014
This would be unusual, but if you are reading the document it should be pretty clear. Record the document in the county records, if that hasn't...
Archived
We are currently paying $1290 mo. for CH.13. We were trying to save hse in MMM program but have come to realize we can't afford
Allen's answer
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Answered on August 14, 2014
Typically dismissal will take a month or two even if you aren't paying your plan payments. Skip a plan payment AFTER talking to your lawyer, pay...
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Disabled couple saga continues....We went to the lawyer yesterday & pd balance that wasn't included in CH 13 plan. Then we
Allen's answer
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Answered on August 13, 2014
It may be difficult, but if you cannot afford this house you need to consider surrendering it. You have to balance the practical part--paying this...
Archived
Chapter 7 and tenant
Allen's answer
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Answered on August 13, 2014
When you are listed in a bankruptcy filing, any debt that was owed prior to the filing is discharged absent an exception. Thus, even if she listed...
Archived
I am in chapter 13 and my attorney says he cannot negotiate or cram down my investment property loan with wells fargo
Allen's answer
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Answered on August 13, 2014
If there is no equity in the property then you should follow your lawyer's advice. It's just a giant anchor that you're dragging around, a...
Archived
Can the attorney that did my chapter 7 bankruptcy 5 years ago now garnishee my wages for unpaid filing fees.
Allen's answer
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Answered on August 13, 2014
Exactly right. Filing fees should have been paid in full, $306, when the case was filed. If your attorney advanced this small fee and you didn't...