Years ago, I became totally and permanently disabled. I had a wife and 4 college age kids at home. I got them all through college but it left me with huge credit card debts. I paid on the ones that I could and who worked with me. 3 issuers would n...
If you consult with an attorney, you may find that you actually do qualify for a Chapter 7, as there is more to the means test than just looking at your gross income. So Chapter 7 may still be a possibility. If not, you may be able to file Chapter 13. You do not need to be employed; you just need to have regular income. I would definitely consult with a local attorney, as you may qualify for either or both of these options and an attorney can help you determine if you qualify (and if you even need to file bankruptcy).See question
I live in Sarasota County in Florida. I recently lost a civil case and the judgement is significant enough to cripple my finances. Can I file for bankruptcy post judgment?
Absolutely. You can use bankruptcy to eliminate a debt, even if a judgment has already been entered. One caveat though - if the judgment has been recorded, so as to create a lien on your real property, your bankruptcy attorney will need to take additional steps to remove the lien.See question
I need help and fast.
You are not required to use an attorney to file bankruptcy, but you should at least consult with one at the outset. Most offer free initial consultations and you may be surprised at the reasonableness of their fees. If you decide to file without an attorney, most of the forms you need are available on the court's website. I would definitely not recommend using a non-attorney bankruptcy preparer, as there is no need to pay for the forms since they are available for free on the court's website.See question
I own my home outright with no mortgage as a single person. I have medicare which basically covers 80 percent. I pay for the remaining 20 percent which is draining my savings. In the event, I can no longer afford to pay the 20 percent, can the...
Your medical creditors could decide to sue you for the amount that you owe them, but then they would need to find a way to collect on the judgment. If they recorded a lien on your homestead property, you could have it removed. Your children are not responsible for paying your medical bills if you die, nor would they have to sell your house to pay the medical bills.See question
It is my understanding the lender must still go through with the foreclosure, must still prove standing, must still accelerate, and must still comply with paragraph 22 by sending a default letter....following generally the same protocol regardless...
While they must still go through the state court foreclosure process, if you surrendered the home in the bankruptcy filing, then the lender can argue that you waived your right to defend against the foreclosure case.See question
I obtained a Withdrawal of Filed notice of federal tax lien, but i can still see the original Federal Tax Lien on the public records when i search my name on Miami Dade County Official Records. They also put the releases and withdrawals in the sam...
Once a document, such as a lien, is recorded in the public records, it will remain in the public records. However, for purposes of selling or transferring the property, once a withdrawal or satisfaction of the lien has been recorded, the lien is of no further effect.See question
Generally, if your Plan provides for payment of less than 100% of your unsecured debt, the confirmation order will require you to pay your income tax refunds over to the Trustee. However, if you have a specific reason why you need the income tax refund, you can file a motion with the court asking for permission to keep it.See question
I have approx $10k+/- in medical bills and credit card debt. I am 53 and husband is 56. I have completely used my IRA as I haven't work in 4 years ( and husband refused to make my car payment or pay my medical bills not covered by insurance). He n...
Family Law and Bankruptcy Law are two very different areas of law. Some attorneys practice in both areas, so you may find an attorney who can handle both matters for you. But you should not hesitate to retain separate attorneys for your divorce and your bankruptcy filing if you cannot find someone who is competent in both areas.See question
I was served with a Motion For Continuing Writ Of Garnishment Against Salary & Wages. Although the Claim of Exemption form seems pretty straightforward ... I would like assistance completing it ... and filing it "properly".
As I recall you just need to check the appropriate exemption box, provide your address for notices to be sent, and sign it before a Notary. You would then file the original with the Clerk of Court, and send a copy to the opposing counsel.See question
3 creditors are calling and have sent letters. I have not answered phone calls or responded to letters. ( I suffer from anxiety, among other emotional & physical issues). Today, I was served a summons from 1 NEW creditor who took over previous cre...
From what you have disclosed, it sounds like bankruptcy may be an option for you. They key is going to be making sure that you do not have any non-exempt assets that could be lost in a bankruptcy. Most of us local bankruptcy attorneys offer free consultations, and I would recommend that you consult with an attorney to ensure that bankruptcy is your best option. I generally don't recommend debt consolidation companies as too many of them are scams.See question