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Jeffrey S. Hochfelsen's Answers (7)

West Palm Beach, FL

Bankruptcy and debt Lawyer at West Palm Beach, FL

Practice Areas: Bankruptcy & Debt, Chapter 13 Bankruptcy ... +3 more

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Filed a Motion to Avoid Judgment Lien in Ch. 7 Bankruptcy. Is there ANOTHER motion I must file AFTER the 21 day objection?

Jeffrey's answer | Answered on August 10, 2016

Presuming you complied with all the requirements of filing and serving a Motion on Negative Notice, Local Rule 9013-1(D)(2) provides: "Within...

Archived

We were discharged all mortgage debts in chapter 7 bankruptcy. If I do short sale, what is the tax implication on 1099C income?

Jeffrey's answer | Answered on June 20, 2016

I agree that your personal obligation to repay the debts was discharged in the bankruptcy. Therefore, should you receive a 1099, you can file an...

Archived

When does an LLC need a DBA too?

Jeffrey's answer | Answered on May 25, 2016

According to the New York Department of State, Division of Corporations, “Domestic and foreign limited liability companies are required by Section...

Archived

Can student loans be discharged if I file bankruptcy?

Jeffrey's answer | Answered on May 24, 2016

I agree with what has been said. Generally, student loans are not Dischargeable in Bankruptcy. However, depending on the type of loan, there are...

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I would like to know if you can have a Chapter 13 that was dismissed removed from your credit report after 7 years?

Jeffrey's answer | Answered on May 20, 2016

There is no simple answer to this question. The governing Federal law which deals with items posted on your credit report is the Fair Credit...

Archived

Have impending foreclosure auction. Who determines the amount of lump-sum money to offer the HELOC lender?

Jeffrey's answer | Answered on April 29, 2016

I agree with Mr. Woodward, a Chapter 13 Bankruptcy may be the perfect vehicle to save your home. If the value of your home is less than the amount...

Archived

Does the “30 day automatic stay” begin the day I file the emergency bankruptcy?

Jeffrey's answer | Answered on April 29, 2016

The real question you need to answer is: what is your goal? If you are attempting to modify your mortgage loan to save your home, filing a Chapter...

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