Archived
If the notice of motion from automatic stay is granted, can mortgage company start eviction (ie. 3 days to vacate property)?
Alan's answer
|
Answered on April 22, 2012
The lift of stay motion asks the bankruptcy court to allow the lender to proceed with its state remedies. So if it is granted, the lender has to...
Archived
Can I do a mortgage modification while in a ch. 13?
Alan's answer
|
Answered on April 22, 2012
We sometimes will propose a chapter 13 plan that includes a modified mortgage based on the HAMP guidelines. Basically telling the lender it has a...
Archived
Bankruptcy vs. Debt Resettlement
Alan's answer
|
Answered on April 22, 2012
If this is a fortune 500 company, it should have places outside the US that you could work and complete your agreement. You should propose this as...
Archived
Is buying a property with an outstanding lien wise?
Alan's answer
|
Answered on April 22, 2012
I suggest you consider dropping the price by whatever the current value of this lien is - at 9 years old, it is probably more like $2000 with...
Archived
Can I take Vehicle Operation Expenses on means test if the car is not in my name
Alan's answer
|
Answered on April 22, 2012
You are operating two vehicles, and it appears that you can take two operation and two ownership expenses.
Archived
In Michigan when filing out the means test, can I put my mortgage in the section "Future payments on secured claims"
Alan's answer
|
Answered on April 22, 2012
Filing the chapter 7 before the sale date will delay the sale. If that encourages the lender to offer you a modification, would you stay then? ...
Archived
Credit Cards in Chapter 13
Alan's answer
|
Answered on April 22, 2012
Unless you are filing a 100% plan, it makes no sense to pay the credit cards before you file. Because the credit cards are unsecured debt, they...
Archived
Chapter 13 and Motion for Relief
Alan's answer
|
Answered on April 22, 2012
If you are planning to surrender the home, the lender needs the bankruptcy court's permission to proceed, so it has to file a motion for relief...
Archived
Should I send the judge a letter explaining why I stopped payment arrangements
Alan's answer
|
Answered on April 20, 2012
Anything you send the court will be deemed an answer and keep the case alive. But in the end, the judge does not have the authority to do anything...
Archived
Dad' s wife of 18 yrs filed for divorce/ theyboth are on deed to house/she moved out/now he cant pay taxes&mort on one ss income
Alan's answer
|
Answered on April 20, 2012
Short answer - no. He cannot afford to keep the house alone. Either he finds someone who can make up the difference (you perhaps?) so he can...
Ad
Transform legal challenges into solutions.
Connect now to review your situation.
The Avvo Rating explained
The Avvo Rating explained