Why is a mortgage on my credit report after I quit claimed and the ex wife did chapter 7 bankruptcy on the home loan?
Bruce's answer
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Answered on June 01, 2018
Your former spouse could only discharge her liability in her bankruptcy, you did not also file. If you were liable on the mortgage before you...
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Chapter 7 Bankruptcy
Bruce's answer
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Answered on September 06, 2017
If you discharged the debt in Chapter 7 without reaffirming the loan, then you have no liability to the lender regardless of the loan being...
Archived
How do I figure out my Chapter 13 payments if I am under the median family income level?
Bruce's answer
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Answered on November 03, 2014
There may be many good reasons to file a Chapter 13 even if you qualify for Chapter 7 under the means test. The calculation of the plan payment...
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Chapter 13 payment amount
Bruce's answer
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Answered on November 03, 2014
In addition to the issues raised by my colleagues , remember that the treatment of some debts in Chapter 13 may include interest, which can be high...
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I'm planning to file for bankruptcy but I used my car as collateral for personal loan.
Bruce's answer
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Answered on February 06, 2014
Are you certain that the lender recorded a lien on the car title? If not, then the loan is unsecured and the lender has no claim for the vehicle. ...
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Can I avoid a second mortgage in a chapter 7 bankruptcy if my house is worth less than what I owe on my first mortgage?
Bruce's answer
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Answered on November 26, 2013
Although there has been some allowance of mortgage avoidance in Chapter 7, it has not been permitted in the 6th Circuit, which includes Ohio. You...
Archived
I filed for chapter 7 bankruptcy - discharged in 3/06. Capital one filed a judgement in '09 for same debt - am I still liable?
Bruce's answer
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Answered on November 01, 2013
Be sure to contact your Attorney. If this was an action to collect after the debt was discharged, you may be entitled t damages against the...
Archived
Can I declare bankruptcy by myself even though I am married? All debts are in my name only & all I own is a 10 year old car.
Bruce's answer
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Answered on October 03, 2013
You can file bankruptcy without your spouse filing. However, be aware that your Husband's income is considered in determining your eligibility...
Archived
Can my husband be held responsible for a debt I incurred and he knew nothing about
Bruce's answer
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Answered on September 18, 2013
Liability of your Husband to Amex could only be based on his contractual relationship with them. Since it appears from your comments that he never...
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Filed Banruptcy Chapter 7 in 07, now the city wants back taxes from 2005
Bruce's answer
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Answered on July 26, 2013
The 2005 income tax was not old enough in 2007 to have been discharged in your Chapter 7. Accordingly the debt was not eliminated and you may be...
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