Archived
My fiance had a student loan with a co signer and it has not been paid for over two years. The co signer paid it.
Kevin's answer
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Answered on May 11, 2013
In Florida,when two people are obligated to pay a debt, and one pays the debt, the one paying has the right of "contribution" against the other. ...
Archived
I live in florida. what happens when a debt is turned into collections and a law firm is the collection agency .
Kevin's answer
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Answered on May 11, 2013
They will have to comply with the Fair Debt Collections Practices Act and write you to give you an opportunity to contest the debt. They probably...
Archived
WUnfortunately we will have to file chapter 13, however we also have an S corp.
Kevin's answer
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Answered on May 10, 2013
Well you certainly have options, but it is not possible to determine the best course of action without a complete work-up. You should make an...
Archived
My Husband has a judgment against him for a credit card . Can they take his car worth $2100 or his tax refund , we live in Fl
Kevin's answer
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Answered on May 09, 2013
A car is only protected from creditors to the extent of $1000 in equity. The joint tax refund is not a likely target for a creditor, particularly...
Archived
I had a chapter 7 discharge 3 years ago, I want to reaffirm my loan so I can refinance, how can I do it?
Kevin's answer
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Answered on May 08, 2013
It is not possible to reaffirm unless the reaffirmation agreement was executed and filed prior to the issuance of your discharge. See Bankruptcy...
Archived
I live in florida and have a credit card debt of $500. with applied bank. I got notified by mail from a law firm about payment
Kevin's answer
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Answered on May 07, 2013
You can't possibly be considering bankruptcy over $500. Your only option would seem to be to work out a payment plan. If you have other...
Archived
Chapter 13 case not confirmed, informed may tax taxes from 2012.
Kevin's answer
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Answered on May 07, 2013
Your taxrefund should have been figured into you available funds to pay creditors. You should consult with your attorney. You may have to...
Archived
Would it be advisable for my 74 year old Mother to file Bankruptcy? If so how much would it cost and if not why?
Kevin's answer
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Answered on May 07, 2013
I agree with the other answers that one cannot get good advice here with the level of detail lacking in the question. It is up to your mother to...
Archived
If your house is on worth 73,5000 and you own 301,000 can you file chapter 13 and save the house
Kevin's answer
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Answered on May 07, 2013
As usual, it depends. How many mortgages are on the house? What is the balance of the first mortgage? If the inferior mortgages are removed from...
Archived
Is bankruptcy for me even if no deficiency judgment has been filed from a house foreclosure?
Kevin's answer
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Answered on May 07, 2013
Filing bankruptcy would make little sense at this time because the Trustee would simply sell your car and use the proceeds to pay your creditors. ...
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