Archived
I think I took out CC in the company name. Company out of business. Still balance of $7k, Am I responsible?
Michael's answer
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Answered on January 12, 2012
As others have said, if you signed an agreement to be personally liable, then you on the hook. However, many times a company, or even a consumer...
Archived
Can I do anything if a collection agency messed up a settlement agreement?
Michael's answer
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Answered on January 12, 2012
As Mr. Lawson and Eron have both said, there may be a violation of the Fair debt collections practices act, which can be brought in the Federal...
Archived
What are the MUST HAVE requirements of Chapter 13 Bankruptcy?
Michael's answer
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Answered on January 12, 2012
Although it is true that your ex-husband will have great difficulty proposing a confirmable plan if he is not working, it might be possible should...
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Archived
The vehicle i received is different than what was written in the contract. Is the contract legit?
Michael's answer
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Answered on January 12, 2012
I agree with my two brothers at bar. This is a situation that the specific terms of the contract truly will dictate what steps you are able to...
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I just got a summons on a home i surrendered a year ago in chapter 13.
Michael's answer
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Answered on January 11, 2012
If you are in a Chapter 13, the first question I would ask is whether the old lender filed a Motion for relief from stay. Under section 362 of the...
Archived
Should I short sale, deed in lieu, or bankruptcy?
Michael's answer
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Answered on January 11, 2012
Before you consider leaving your home, you should first take a look to see if Fannie Mae owns your loan. If they do, you may also have another...
Archived
My ex wife file chapter 7, discharged in Sept. 11. We had 3 joint accounts named in our decree, 2 of which were discharged.
Michael's answer
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Answered on December 02, 2011
Due to the fact that you had joint accounts, while your wife was in her Chapter 7 case, their was a co-debtor stay, which limited the creditor's...
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My husbands name is on property I inherited at the time of my fathers death, can bankruptcy court take if if he files?
Michael's answer
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Answered on December 02, 2011
Depending on the chapter of bankruptcy you file your property may be in jeopardy of the Trustee liquidating it. The first question in the...
Archived
How can a bankruptcy be filed outside of the clerk's normal business hours in Los Angeles County, CA?
Michael's answer
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Answered on November 30, 2011
File the case through the normal channel at PACER.
Archived
Filing chapter 7 for my credit card debt. I am upside down on my first mortgage and owe 100k on a line of credit.
Michael's answer
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Answered on November 30, 2011
you can not discharge secured debt in a chapter 7 case. The best bet you have for discharging the line of credit is to file a chapter 13 and then...
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