Archived
I filed Ch 11 and have both 2 investment properties with agreed MODs. however same lender has not communicate on my primary.
Thomas's answer
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Answered on January 27, 2012
A mortgage secured only by the debtor's primary residence cannot be modified in a chapter 11 plan. The plan may provide for the cure of an...
Will this verbal contract hold up in court between my roommate and I?
Thomas's answer
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Answered on January 27, 2012
Certainly the oral agreement you made with your roommate would not be a defense to the landlord's enforcement of the lease with respect to you...
Archived
I have 33 properties and have NEVER been behind on any payments . I am being forced to file Chapt.11.Will this protect me?
Thomas's answer
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Answered on January 27, 2012
I agree with the two attorneys whose answers appear above.
A couple of thoughts I have to add:
1. If you/your company is solvent, the...
Archived
I am thinking to file a chap 11 corporation in order to safe my 16 units building .
It is a single asset.
Thomas's answer
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Answered on January 25, 2012
The cost of a chapter 11 reorganization is difficult to predict because there are so many variables, not the least of which is the opposition put...
Archived
Found out ex husband filed for Chapter 11 3 or 4 years ago.
Thomas's answer
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Answered on January 22, 2012
I would not answer that question without examining the plan of reorganization (if any) and the order confirming the plan (if any). The property...
Archived
Borrowing a Car
Thomas's answer
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Answered on January 20, 2012
If the "storage" insurance does not include liabiltiy coverage, it's not legal to drive it. If the "storage" status includes liabiltiy insurance...
Archived
Can life go on? Discharge without Closed?
Thomas's answer
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Answered on January 19, 2012
Objections to claims by the trustee may not affect you, but without knowing all of the facts I cannot say that the objections might not have some...
Archived
Do we have to file bankruptcy to remain in our home for 180 days
Thomas's answer
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Answered on December 23, 2011
If the question is whether a bankrupty is necessary in order to be able to stay in your home during the 180-day redemption period following a...
Archived
Filing for Bankruptcy
Thomas's answer
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Answered on December 12, 2011
Possibly. Maybe there are no hidden problems.
Possibly not. Maybe you will make a serious mistake that results in a denial of your...
Probate/ business
Thomas's answer
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Answered on December 07, 2011
Your reference to a "business" is ambiguous. A business entity, such as a corporation, is not a natural person (or individual) and therefore is...
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