Archived
Do I see a judge before my chapter 7 is finalized and can I change from a chapt 7 bankruptcy to a chapt 13 before final approval
Magda's answer
|
Answered on June 16, 2016
You need to discuss this with your attorney. I am not sure why you think your home is at risk. Your attorney should be able to explain it all to you.
Archived
Creditor status in Chapter 7
Magda's answer
|
Answered on June 16, 2016
Creditors are divided into secured and unsecured. All unsecured creditors share pro rata unless the unsecured creditor is a priority creditor. ...
Archived
Chapter 7 bankruptcy filing errors?
Magda's answer
|
Answered on June 16, 2016
Technically each of the parties is fully liable for the amount of the loan. Unless you issued a loan to each in the amount of 50% of the total...
Want to file bankruptcy chapter 7 on my Welk timeshare. There is a note for purchase + maintenance HOA. What result? Discharged?
Magda's answer
|
Answered on June 16, 2016
In the Chapter 7 you must list the time share as an asset. You will also list the amount owed as a debt on your schedule of creditors. You will...
Archived
Business charges on personal credit card, are they Chapter 7 dischargeable?
Magda's answer
|
Answered on June 16, 2016
I am not aware of any provision that denies a discharge of a debt of an individual debtor simply because the debt is a business debt. In fact, I...
Archived
Discussion of the methods to change the prepayroll tax deductions
Magda's answer
|
Answered on June 16, 2016
The taxpayer submits the W-4 to the employer under penalties of perjury. Therefore, the employee has an obligation to file a truthful/accurate form...
Archived
For bankruptcy chapter 7 in florida.
Magda's answer
|
Answered on June 16, 2016
If you are referring to the state median income, these figures are currently:
Florida One person $43,136 Two persons $53,654
These figures...
Archived
Declaring charity
Magda's answer
|
Answered on June 16, 2016
I assume you mean that your friend is deducting this value on his return as a charitable contribution. He is supposed to be deducting the value of...
Archived
If I file Bankruptcy in chapter 7 in 4 month but I return my car now. Can the Bank put a repossession in my credit report that
Magda's answer
|
Answered on June 14, 2016
If you return the car prior to bankruptcy then any amount owed on the car would probably be discharged in a subsequent bankruptcy. However, the...
I filed bk chapter 7 then damaged car did not reaffirm debt then turned in to bank but insurance paid me for damage already
Magda's answer
|
Answered on June 14, 2016
You did not reaffirm the car loan and a discharge has already been entered. As a result you are not personally liable on the loan. The only thing...