Archived
Can a claim of HOA lien be filed in a chapter 7 petition? Is hoa lien secured? Should it be on schedule d
Charles's answer
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Answered on October 02, 2013
It is not only proper to list an HOA lien in a Chapter 7 Bankruptcy, it is required. It is best reported on Schedule D as a lien on property that...
Archived
Could I declare bankruptcy if I needed to?
Charles's answer
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Answered on October 02, 2013
You will not be eligible to file a Chapter 7 Bankruptcy until 8 years after your initial filing date. However, you are eligible to file a Chapter...
Archived
Can a couple filing jointly for bankruptcy in WA double their exemptions?
Charles's answer
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Answered on October 01, 2013
Yes. You effectively double your exemptions when you file together. But remember, one can not take an exemption on property unless your name is...
Archived
Can I just walk away from my mortgage?
Charles's answer
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Answered on September 27, 2013
The Statement of Intent that you signed is not binding on you. Unless a written reaffirmation was signed by all parties and approved by the...
Archived
I work at a Bank and we have filed a 1099C on a repo auto. The customer has now filed bankruptcy can I file a claim?
Charles's answer
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Answered on September 26, 2013
Read the bankruptcy notice that you received very carefully. Is it for a Chapter 7 or Chapter 13 Bankruptcy? Those are the 2 most common...
Archived
My late husband has a judgement against him back in 2006
Charles's answer
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Answered on September 25, 2013
Boy is that a complicated, fact sensitive question. Each state is different in this area also. So, go see a local bankruptcy and debt negotiation...
Archived
I read somewhere that for a chapter 7, up t o 15k of your home is protected (presumably 30k for a jt) in IL. What does mean?
Charles's answer
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Answered on September 25, 2013
Attorney Cousineau is correct, of course, but more is needed to understand how this exemption works.
Let's say that you and your spouse are on...
Archived
Should I file bankruptcy for owing 58,000 dollars because i crashed a car that didn't have insurance?
Charles's answer
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Answered on September 25, 2013
Unless alchohol was involved in the accident, a Chapter 7 Bankruptcy should do fine to discharge the debt for the accident and make you eligible...
Archived
Does a notice of Bankruptcy filing stop the employer from collecting on the wage garnishment?
Charles's answer
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Answered on September 24, 2013
The Notice of Bankruptcy INSTANTLY stops all attempts to collect, including, but not limited to garnishments. We usually immediately fax or email...
Archived
Am I liable for any fees regarding the foreclosure process of my apt when it was included as part of bankruptcy chapter 7?
Charles's answer
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Answered on September 24, 2013
Before you start packing, be sure ask local counsel how much longer you have before the foreclosure process will force you out. Remember. every...
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