Can you please explain what reafirmation means and the consequences of not reaffirming our home loan with B of A

A reaffirmation agreement means that you are agreeing that you will continue to pay the debt and you do not want the debt discharge through...

If I stop paying the Heloc will the Bank Foreclose on my Home?

Did you reaffirm the HELOC in your chapter 7 bankruptcy? Hopefully you did not. As a general rule 2nd mortgages will not foreclose on the 2nd...

Chapter 7 is discharged, however, I learnt I had a creditor with a secured money purchase claim on deferred payment merchandise.

You need to contact your previous bankruptcy attorney to review your options. As a general rule most creditors who holds a purchase money security...

Chapter 7 is discharged. No Reaffirmation was filed. Mortgage company wants a reaffirmation. Is this legal and binding?

A reaffirmation must be filed with the court prior to the entry of a discharge. Since you have already received your discharge, then it is too late...

If held on a judgement of civil contempt charge, though i have no money or assets, can i file bankruptcy and the charges go away

There are certain debts that can not be wiped out (dicharged) in bankruptcy. Those debts that are excepted from discharge are child support,...

How long should I wait before Applying for a Mortage after A Bankruptcy?

Most lenders and/or underwriters will not approve you for a mortgage if a Chapter 7 discharge was received within two (2) years of entry of...

Did not include in bk petition, signed an SOI, but not lease affirmation. Do I still pay for extra charges at end of lease?

As long as you did not enter into a written agreement called a "lease assumption" then the creditor can't come back after you for any excess fees...

Can a creditor place a lien on my house for a joint debt if I file for Chapter 7 and my wife doesn't file?

I am not sure of your question. If you are asking whether a creditor that were reflected on your bankruptcy schedules can placed a lien on your...

In my district, each attorney request for how much they will require as a down payment is different. It will depend upon certain factors. In my...

Can you convert from A Chapter 13 to a Chapter 7

Yes, you can convert a Chapter 13 bankruptcy case to Chapter 7 bankruptcy at any time as long as you qualify for a Chapter 7 bankruptcy. Based upon...