Archived
I have a home that I have owned for 40yrs now free and clear and I bought another home so my daughter and son and law could rent
Eric's answer
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Answered on November 02, 2011
You may be able to keep the home through Chapter 13 bankruptcy. If you decide to let the home go to the bank via foreclosure, and the foreclosure...
Archived
My bkrptcy atty wont sign off on reaf agreement. Its a debt thru my companys cred union. what can i do to get this done?
Eric's answer
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Answered on October 31, 2011
You can sign and file the reaffirmation agreement without the attorney signing off on it. The attorney signing off on it basically says that they...
Archived
My chapter 7 bankruptcy was discharged in Sept. 2011. Can I collect rent from my condo in Colorado which is in foreclosure?
Eric's answer
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Answered on October 31, 2011
Yes, the bankruptcy discharge does not impair your ability to collect on your rent agreements.
Archived
When do I have to pay for judgements, since I am now making bankruptcy payments.
Eric's answer
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Answered on October 31, 2011
You have not provided enough information to draw any informed conclusions on your situation. Most judgments are stayed by the bankruptcy, so it...
Archived
Our bankruptcy was discharged in 2009, can we add the mortgage that was accounted for and no longer afford?
Eric's answer
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Answered on October 31, 2011
If you signed and filed a "reaffirmation agreement," then you are still on the hook, personally, for the mortgage. If you did not sign a...
Archived
I filed bankruptcy and I also filed on a credit card I had with my husband I made
the charges can he sue me?
Eric's answer
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Answered on October 31, 2011
If the divorce decree makes you responsible for the debt, he can compel you to make the payments and/or pay him for any damages relating from your...
Archived
Court order necessary to repossess vehicle in KY?
Eric's answer
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Answered on October 31, 2011
Kentucky Revised Statute 355.9-609
Secured party's right to take possession after default.
(1) After default, a secured party:
(a) May take...
Archived
What do I need to do immediately after filing Chapter 7?
Eric's answer
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Answered on October 31, 2011
The Statement of Intent has to do with your intention regarding secured collateral. You should take the second credit counseling class (Debtor...
Archived
I still have payments on my car, should I try to sell it before I file Ch 7 BK?
Eric's answer
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Answered on October 31, 2011
You have a lot of questions and that shows me a lot of concern that should be addressed by a local attorney of your choosing. To give you some...
Archived
Reaffirmation agreement?
Eric's answer
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Answered on October 31, 2011
1. Yes
2. Typically the creditor prepares the reaffirmation agreement (but not always)
3. Whether you can keep the car or not with that much...
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