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I filed chapter 13 and I am in a payment plan, I need to withdraw money from my 401k to by a car, cuz the car I have I can't gas
Michael's answer
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Answered on January 19, 2012
I agree with both of my colleagues that filing and arguing a motion in front of a bankruptcy court judge is complicated and you really do need an...
Archived
What can we do about credit card maxed out by my husband's ex wife?
Michael's answer
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Answered on January 18, 2012
Depending on how the seperation agreement was drafted and approved by the Family and Probate Court your husband may be stuck paying on the account....
Archived
I am 66 years old still have a direct loan, have work as a nurse.can i get my loan forgiven because of my age a few health probl
Michael's answer
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Answered on January 16, 2012
Student loan debt is very difficult to discharge or to ask the lender to forgive. However, in some situations, given the a significant hardship,...
Archived
I had lost judgement and order to pay monthly i live on a $860.00 socurity. i have send the person whom i am to pay $50.00 a mo.
Michael's answer
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Answered on January 16, 2012
I agree with Attorney Arany, the conduct you describe would appear to be a violation of certain Federal laws, more specifically, the FDCPA. I...
Archived
Is it possible to offer a lump sum to settle a large private student loan? How much is reasonable to offer?
Michael's answer
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Answered on January 15, 2012
Although student loan debt is considered non dischargeable unsecured debt, sometimes student loans are able to be negotiated, with the proper...
How could I propose a settlement to my lender as an alternative to a car repossession?
Michael's answer
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Answered on January 15, 2012
Depending on the amount of other debt you owe, and your income, you may be a candidate to file a Chapter 13 bankruptcy case, and simply pay back...
Archived
How can I settle my past due credit card bill? Should i get an attorney to help me settle with the creditors?
Michael's answer
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Answered on January 12, 2012
You should talk to an attorney to find out what your "real" options migh be. You said that you make too much money now to file bankruptcy. I...
Archived
Is it possible to pay the arrearage under Ch 13 and then resume regular mortgage payments after the 5 years have expired?
Michael's answer
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Answered on January 12, 2012
Based upon the information you have provided, I see no reason why a Chapter 7 case would be denied. This typically happens due to your income...
Archived
Can student loan lender demand that repayment begin while child still in school?
Michael's answer
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Answered on January 12, 2012
In your bankruptcy case, so long as you and your daughter are co-debtors, then the automatic stay, pursuant to 362 should be in place, and a...
Archived
Is it my right to have a company send me confirmation as to who they are when setting up a payment plan
Michael's answer
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Answered on January 12, 2012
The Fair Debt Collection Practices Act (FDCPA) is a federal law that protects consumers against the illegal practices of creditors. Many cases...
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