I co-signed for a friend on a car loan and she has now managed to ruin my credit. Will I be relieved of my duty if I file bk?
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Answered on March 01, 2021
I'm sorry that happened to you. Unfortunately, that is all too common. Yes, a cosigned debt for a car can be discharged in bankruptcy. If you have...
Our HOA got a judgement against us and we have a foreclosure sale date next week. We need to stop the sale.
K.'s answer
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Answered on May 19, 2017
Either of you could file to stop the sale, but that is really half the battle. You need a well put together, feasible, chapter 13 plan for the...
Chapter 13 Bankruptcy.
K.'s answer
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Answered on February 06, 2017
Yes, this arrangement would work and not affect niece's credit. I have an office in Minneola and have helped many people in your mother's...
Archived
Is it customary for credit cards companies to go after your car if they get a judgement?
K.'s answer
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Answered on August 01, 2014
They will go where the money is. If you are unemployed they will look to what assets you own to recover on the judgment. Keep in mind, in...
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Bankruptcy, Judgement and credit score
K.'s answer
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Answered on July 31, 2014
A civil judgment will remain on your credit report for 7 years. If you received a discharge from the bankruptcy, you eliminated your financial...
Archived
Advised not to file Chapter 7 Bankruptcy before Civil Lawsuit?
K.'s answer
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Answered on July 29, 2014
That's right. The legal claim is owned by your Chapter 7 Trustee the day you file your bankruptcy unless there is an exemption you can claim to...
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Considering filling for no-asset ch 7. Florida.How will my case be affected with a possible award in my favor?
K.'s answer
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Answered on July 29, 2014
If you think you have a legal claim to bring against another party, you must disclose it on schedule B of your petition; whether you actually filed...
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Will bankruptcy be granted if the non-custodial parent is not current on child support payments?
K.'s answer
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Answered on July 28, 2014
Not only will he have to stay current on any ongoing child support payments, but he will also have to provide for the child support arrearages,...
How long can I amend a chapter 7 bankruptcy?
K.'s answer
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Answered on July 28, 2014
If by "Item" you mean someone you owe money to, then reopen your case if you owe more than the $260 approx. filing fee to do so. File an amendment...
Archived
I have received my order of final decree am I still responsible for the HOA on my condo?
K.'s answer
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Answered on July 28, 2014
The post-petiton assessments of your HOA are not discharged in your bankruptcy thanks to Sec. 523(a)(16). The bank and the HOA are two separate...
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