Archived
I'm thinking of filing for bankruptcy? i have been on social security disabiliity for last 7 years. due to med costs
Ryan's answer
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Answered on March 27, 2018
It definitely sounds like you are a bankruptcy candidate. You could actually help improve your credit score by clearing out your unsecured debt...
Archived
Someone who is not on the deed but is on the mortgage to my home is apparently filing chapter 7? Does this affect me?
Ryan's answer
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Answered on March 06, 2018
They can eliminate their liability on the mortgage through the BK or choose to remain liable by reaffirming it. The mortgage may be considered in...
Archived
A lien including in bankruptcy is possible?. bankruptcy chaptr 13
Ryan's answer
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Answered on March 01, 2018
I don’t know about a lien against the medical debts themselves. But your medical creditors could have a lien against a proceeds from a lawsuit...
Archived
Can I go to jail for payday loan default?
Ryan's answer
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Answered on January 24, 2018
Agreed. You cannot go to jail for defaulting on a payday loan. FYI- this “arbitration company” may just be a scammer, an illegitimate company, in...
Can my Social Security be attached for a car loan I defaulted on?
Ryan's answer
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Answered on January 24, 2018
Social security income is exempt meaning that creditors can not garnish it. And if the debt is just in your name, they cannot garnish a bank...
Archived
Can a Bankruptcy Trustee force the sale of a home that is owned by Tenancy by the Entireties in Florida with no joint debt?
Ryan's answer
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Answered on January 24, 2018
It sounds like this shouldn’t be an issue under the facts as you presented them and that the Trustee couldn’t force a sale but I would strongly...
Archived
When would the bankruptcy court view our Florida homestead exemption?
Ryan's answer
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Answered on January 24, 2018
Agreed that you should seek counsel of an attorney to determine to what extent 11 USC 522(p) applies to your situation.
Archived
I have an open chapter 13 but my current car is not part of my chapter 13. Would I be able trade it in and finance a new car?
Ryan's answer
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Answered on January 02, 2018
Yes, you can trade-in your vehicle while in Ch 13 if you receive permission from your Trustee.
Can I move from Florida to Tennessee, and keep my property, during a Chapter 7?
Ryan's answer
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Answered on July 26, 2017
Google "bare legal title." It sounds like it applies in this situation. It comes up whenever your name is on a piece of property but you don't...
Archived
I am a guarantor on an unexpired business lease with a large balance. Do I list the debt on Schedule F or G?
Ryan's answer
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Answered on July 26, 2017
Schedule G seems most appropriate since you mentioned it is an unexpired lease. If there has already been a breach of the lease you can list it in...
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