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I live in Ca. Have $80k cash & $80k schools loans. Can I cut a check and pay off loan and then spouse file chapter 7 solely?
Robert's answer
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Answered on August 01, 2015
If the $80,000.00 in cash that you have is cash that is party of your and your wife's community property, then a payment of your student loans...
Archived
I have some traffic violations and attorneys fees from a previous legal issue. Can bankruptcy also cover these costs?
Robert's answer
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Answered on August 01, 2015
I agree with both Ms. Bunce and Mr. Nemeth if you plan to file for relief under chapter 7 of the bankruptcy code. However, under chapter 13, civil...
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I live in Louisiana. I went to see a bankruptcy lawyer and was told i did not have to file.
Robert's answer
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Answered on August 01, 2015
What your attorney was telling you is that you are what is sometimes called "judgment proof."
The SSDI & VA disability benefits are both exempt...
Archived
Could I collect debts from my exwife? Could I motion divorce case dated 7/2012? $100K card debt during marriage under my name.
Robert's answer
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Answered on August 01, 2015
There are exceptions to the IRS statute (§ 108), which is the statute that makes cancelled or discharged debt income. One of those is the...
Archived
If I walk away from my home after filing bankruptcy, and without reaffirming the loan, would it still show up on public record?
Robert's answer
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Answered on July 31, 2015
The foreclosure will show up on your credit report. As I understand the earliest you can qualify for a long term home mortgage, you will be...
Archived
Chapt 13
Robert's answer
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Answered on July 31, 2015
The automatic stay provides protection from garnishment on any debt that was owed at the time of the filing of the bankruptcy petition. These...
Archived
Chapter BK
Robert's answer
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Answered on July 31, 2015
Depending upon the amount that you are paying to unsecured claims, filing an objection and the entry of an order disallowing a claim man not have...
Archived
Please Help Stop Garnishment!!
Robert's answer
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Answered on July 31, 2015
Move faster. File the bankruptcy and send proof to ling to your payroll department. Contact an experienced bankruptcy attorney. For clients that...
Archived
Can a bank sue me or an LLC if it is no longer in business (& no assets) over an SBA loan where I filed personal bankruptcy?
Robert's answer
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Answered on July 31, 2015
Your bankruptcy discharged eliminated any obligation you had to pay the SBA loan and to pay the mortgage loan. The fact that the property was...
Archived
How do I get released from a foreclosed home on which estranged spouse has filed bankruptcy? .
Robert's answer
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Answered on July 31, 2015
The only way you can be relieved from liability under the note is to file a petition for relief under the bankruptcy code. When the bankruptcy...
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