Defaulted on student loans in 2009 (principal 32000 dollars, but now >150,000 due to interest). Can I settle for the 32000?

I agree with my colleagues. You need to know who is the creditor for your student loans. If private, you can try to negotiate but they don't have...

In chapter 13 bankruptcy in Florida, would funds received from a life insurance policy surrendered 6 years ago be exempt.

This is a tricky situation. In my opinion, though cash surrender value of an insurance policy is exempt, I would think that the exemption only...

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I got a Chapter 7 bankruptcy discharge last year. Can I file a Chapter 13 now?

My colleague is correct. You can file a chapter 13 but you are not allowed to discharge any debt in your bankruptcy. What this means for your...

What is the best course for negotiating with a bankrupty trustee?

I agree with my colleagues. lump sum - pros: faster discharge & cons: tax issues & penalties payment plan - pros: no tax and penalties & cons:...

Should I file bankrupcy to avoid forclosure or just let my house go into foreclosure?

As my colleagues have noted, what option you choose is based on what your goals are and what can you afford. You may need to file a bankruptcy...

In Florida, can a collection agency garnish my paychecks if I'm the only one with a job?

I agree with my colleague. A creditor can garnish your wages after they receive a final judgment as a result of a law suit. You may be able to...

Nvstmnt bnk has mrtgs on FL condo & home in other state& 200k nvstmnts, condo worth 1/4 of mrtg,cant afford,what do we do?

It is really difficult to understand your facts with your abbreviations and the complicated nature of your facts. You need to consult with a...

Im filing chapter 13 without a lawyer I wanted to know do I include my car in Schedule B if im still making payments on it.

You have to list all of your assets and all of your debts in your schedules. I would suggest consulting with an attorney to handle your chapter...

Talk to your attorney about your needs. If you don't have one, then you may want to consult with one, to help you throughout the bankruptcy...

Reaffirmation agreement

I agree with my colleague, typically you have until the discharge date to file reaffirmations. Contact your attorney or creditor and see what has...