I'd like to know what the ramifications are for surrendering your house during a Chapter 13 bankruptcy. I am in Michigan.
Kurt's answer
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Answered on September 03, 2021
What does your lawyer say?
What is the value of the house as is?
Mortgage balance?
What other debts?
You don't foreclose - the mortgage company...
Can i ammend a discharged bankruptcy to in clude a reaffirmation of my home?
Kurt's answer
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Answered on August 30, 2021
A bankruptcy can be amended any time so long as the case is open.
Sounds like yours is not.
Not necessary to reaffirm mortgages, as above answer...
If I have a USDA, direct loan, in the state of Michigan, am I able to keep my home, when filing a Chapter 7?bankruptcy?
Kurt's answer
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Answered on June 18, 2021
Oy can kee p your house if you keep making the payments,taxes, insurance
IF
You can exempt the equityWhich is the difference between the value...
How do I write a letter challenging the fee application from bankruptcy lawyer?
Kurt's answer
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Answered on May 16, 2021
You file a response to the fee application with the court, serve it on the trustee and your attorney.
My chapter 13 bankruptcy shows a scheduled amount much greater then the claimed. What happens to those funds?
Kurt's answer
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Answered on March 30, 2021
Well, I have no idea why you are looking for options.
Are you behind in payments?
Did you consult your attorney?
Did you accomplish the...
What do I do in this situation?
Kurt's answer
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Answered on March 30, 2021
No doubt there is a whole lot more!
Three parts to a legal malpractice case:
1. lawyer hired in time, filed late
2. you have to prove you...
Can I qualify for Chapter 7 although I don’t meet the means test, w/180k in student loan debt to become a licensed psychologist.
Kurt's answer
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Answered on March 12, 2021
You need to consult a bankruptcy attorney to run the numbers through the means test. You are not automatically out for having mostly consumer debt.
Archived
Creditor issue
Kurt's answer
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Answered on March 09, 2021
To be specific, highlight the error on the credit report, send the same letter to the creditor reporting the inaccurate information and each credit...
How long does a "motion to sell" in bankruptcy take? Like, from the time its filed to the time you get a answer?
Kurt's answer
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Answered on March 01, 2021
Assuming she filed a Chapter 7, and that case is closed, no order is necessary. If the case is open, the trustee needs to sign off, if not done...
Got divorced, I was awarded the house, she had a home equity loan and filed for bankruptcy over 7 years ago?
Kurt's answer
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Answered on February 06, 2021
A home equity loan is a mortgage, so there would be a lien on the home that is not wiped out by bankruptcy. A bankruptcy discharge wipes out her...
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