Archived
With chapter 13 in Florida, if income stays below the median figure they mention, does the payments change.
Kevin's answer
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Answered on August 28, 2013
The current monthly income test determines whether your commitment period is 36 months or 60 months but does not necessarily determine your...
Archived
What do trustees seize as far as property?
Kevin's answer
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Answered on August 28, 2013
You have the opportunity to choose your exemptions. The Trustee cannot take properly claimed exempt property. You may include the dolls but you...
Archived
Do I have to declare life insurance received if I file bankruptcy?
Kevin's answer
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Answered on August 27, 2013
Statement of Financial Affairs question 2 is where that goes.
Archived
Can I legally do this with a car and then bankruptcy?
Kevin's answer
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Answered on August 27, 2013
Bad idea. See 11 USC sec 727.
Archived
FHA guidelines for Bankruptcy vs. Foreclosure cloudy
Kevin's answer
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Answered on August 27, 2013
You do not understand the differences between and the relationship between your bankruptcy and the foreclosure. Your bankruptcy absolved you of...
Archived
Is a Judgment from a civil suit resulting of an uninsured car crash a Secured Claim or Unsecured Claim in Chapter 7 Bankruptcy?
Kevin's answer
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Answered on August 27, 2013
Whether or not the judgment is secured or not depends upon what they did with the judgment after they obtained it. If they properly filed and...
Archived
What about the homestead exemption?
Kevin's answer
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Answered on August 27, 2013
In your "debate", have you tried calling a qualified professional to discuss this? Or are you "debating" with yourself? Where you have the...
Archived
Is a primary residency in the state of Fl. exempt for Medicaid purposes?
Kevin's answer
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Answered on August 27, 2013
Not sure what you mean by exempt. The value of a primary residence is included in the calculation for eligibility for Medicaid. Transfers of...
Archived
Do trustees negotiate?
Kevin's answer
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Answered on August 27, 2013
If you have not filed yet then why not wait out the preference period, which is one year for relatives?
Archived
What are a relative in a clawback lawsuit's rights?
Kevin's answer
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Answered on August 27, 2013
Examples of defenses are found in 11 USC Sec 547(c). Other examples would depend upon which of the several avoidance actions (a.k.a. clawbacks)...
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