Can I claim 50% equity only.
How much money and "sweat equity" did he contribute to get the value up to 67k? Based on your limited facts, you transferred half the price to him...
Birch Run, MI
Bankruptcy and debt Lawyer at Birch Run, MI
Practice Areas: Bankruptcy & Debt, Real Estate, General Practice
How much money and "sweat equity" did he contribute to get the value up to 67k? Based on your limited facts, you transferred half the price to him...
Many trustees don't consider it late until the end of the month. A few days should not be a problem. And congratulations on completing your plan!
The loss of a co-signer through bankruptcy could be considered a default on the loan, but most lenders, if they are getting paid as agreed would...
Yes.
The two are separate, so yes, even with a wage garnishment, you bank account could be garnished.
Yes, but you will have to pay something toward the debt for the next 3 to 5 years.
First, it should not affect your bankruptcy. Second, it is a bad idea - you need to curtail the spending. Third, if you are going to do it...
Yes they are a debt at the time of filing.
Generally not, since the filing of a claim in the chapter 13 would violate the discharge injunction from your chapter 7.
You should do some exemption planning so that the funds are protected. For instance, if you are employed, you could use the funds to contribute to...