Archived
What happens to down or full payments if a company goes bankrupt or closes down?
Alan's answer
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Answered on February 14, 2012
If you pay in advance with a credit card, you can dispute the charge within 60 days of the billing that notifies you of the charge on the basis...
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Archived
Bankruptcy and our tax refund
Alan's answer
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Answered on February 14, 2012
First, your tax refund is not considered income when you get it. It was income when you earned it, so it would not be counted a second time,...
Archived
Bankruptcy Question
Alan's answer
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Answered on February 14, 2012
Who is on title to the vehicle. If still friend and you are in possession, then you have a rent-to-own situation. If you are, and your friend has...
Archived
Hi i wanted to know if non federal private student loans are considered a consumer debt? Do am i protected by my states laws?
Alan's answer
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Answered on February 14, 2012
You can a file a chapter 13 bankruptcy to force the lender to accept your repayment terms, and impose a stay on any action against a co-signer as...
Archived
Can I be served a notice of foreclosure sale before the note holder gets a relief from stay from the bankruptcy court?
Alan's answer
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Answered on February 13, 2012
Based on your facts, the new notice violated the automatic stay. Your attorney should file a motion to find the lender in contempt.
What does a Corporate Assignment of a Mortgage mean? Please read details and help me understand this letter my friend got.
Alan's answer
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Answered on February 13, 2012
There are lots of issues here. Apparently Freemont is the original lender and the mortgage nominated MERS as the lender's representative. The...
Can a debt collector garnish my child support? What about being unemployeed & unable to afford to pay? Any thoughts??
Alan's answer
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Answered on February 13, 2012
Your child support cannot be garnished. When it hits your bank, it could be vulnerable, but if you take it out when it comes in, there will be...
Archived
Do I have to notify a potential landlord that I am going to file bankruptcy?
Alan's answer
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Answered on February 13, 2012
You do not have to inform a prospective landlord about an intended bankruptcy. You should be able to stay in the mobile home for at least two...
Archived
Ch 7 BK - Abandoned Property, How to get court order? is it automatic?
Alan's answer
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Answered on February 13, 2012
It is yours for now. You still have to deal with the unpaid taxes. If you do not, then the county land bank (if you have one) or the state will end...
Archived
Questions regarding 1099-C and whether you are still required to pay the debt back.
Alan's answer
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Answered on February 13, 2012
The IRS requires the lender to file the 1099c when certain factors exist. It has no bearing on you contractual agreement to pay. However, the...
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