The Driver: This answer comes in two parts, (1), the statutory maximum punishments and (2), what is more likely to happen. First, In...

Chapter 7 ... Second Mortage Reaffirmaion necessary when underwater on value of home?

No it is not. A debtor is never required to execute and file a reaffirmation agreement. In fact, the bankruptcy system is about giving a clean...

I recived a letter from federal building informing me of my land lord filling chapter 7. asked him about it he said to pay him

In any event, you must continue to make your rent payments. Your landlord's bankruptcy does not modify your promise to pay under the rental...

When you recieve a Motion to Dismiss from the United States Trustee, that motion is based on a presumption of abuse. Legal presumptions in...

If we file Chapter 7 bk, include our house which is in fc, a repo, plus other creditors, will our savings be touched?

The answer depends very much on how much savingsyou have, the method in which you saved the funds, and the availability of appropriate exemptions...

Divorce and personal bankruptcy from sole proprietorship

I am not licensed to practice in your state, and you should always consult a lawyer licensed to practice law in the state in which you reside,...

WA sate - Chapter 13. How much authority does the judge have when it comes to approving plans related to mortgages?

I am not licensed to practice in your state, and you should always consult a lawyer licensed to practice law in the state in which you reside,...