Chapter 7 Bankruptcy

Yes, you can amend to add your past due rent. Don't forget to list your deposit, if any, on schedule B. You should also list the lease as an...

What happens with my mortgage and utility loan in chapter 7 if I don't execute a reaffirmation agreement?

Almost certainly nothing will happen if you refuse to sign reaffirmation agreements with the banks. The banks didn't send you one to sign, because...

Judge rejects a reaffirmation agreement for auto, can lender repossess it?

Who is your lender? Ford Motor Credit is reputed to repossess cars if there is no reaffirmation agreement. But you at least tried. However, a...

Question about bankruptcy and repossession

Banks are getting somewhat particular about the cars they repossess. You may have to do without a title. I sometimes send them a letter saying...

When a chapter 7 bankruptcy has been discharged can the trustee still have assets appraised?

Do not confuse the fact that you have received a "discharge" in bankruptcy with the Trustee being "discharged" of their responsibilities in your...

Filed Chapter 7, listed mortgage, discharged. Bank will not foreclose or accept deed. I meet the rescission requirements.

It's not all bad. You can live the property or even rent it out. I'd put a notice of the bank's right to foreclose in the written lease, if it...

Can I walk away from my mortgage at any time if I did not reaffirm it after a Chapter 7 Bankruptcy?

1.Yes, you absolutely can walk away from your mortgage. No further obligation. 2. No, the bank can not request payment from you for any time...

I agree with Ms. Bunce above. It's generally better NOT to reaffirm if the lender does not force the point. There are a very few lenders that...

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If you own your home what will happen if you file for chapter 7 bankruptcy in Indiana

I am an Ohio attorney but it appears that Indiana gives each person filing a Chapter 7 Bankruptcy a $15,000.00 exemption in their home, plus an...

I have filed Chapter 7 Bankruptcy and was wanting to keep my home, but I do not want to sign the reafformation.

You are correct to not wish to sign a reaffirmation. They are forever. You can never discharge them, once reaffirmed. Never consider it unless...