Should we file bankruptcy?

If you are like 90% of the people around our area, your house is probably only worth about $50,000. You have two choices in bankruptcy. Filing a...

Filed c7 05' . filed c13 in 08'. payed c13 out dec10'. court said I wld neva gt discharged. what r my options?

You cannot get a discharge in a chapter 13 if it was filed less than 4 years from the filing date of your earlier chapter 7. So, your facts...

I have a discharged Chapter 7 in MI. After the Sheriff's sale if I redeem property am I also responsible for the mortgage?

Paying the redemption price will recover the property. Since you have discharged the debt in chapter 7, there should be no liability for the...

We bankrupted (Ch.7) 4 properties, 3 of which were investments, on 2010, & were discharged on 10/2010.

File form 982, which allows the insolvency to offset the tax-ability of the forgiven debt.

How many year I have to wait before I can buy another home>

Lately I have heard that lenders want three years before they will consider lending to a foreclosed individual. Even then you will also probably...

Who does my fuel belong to?

The welfare department paid for it, so it has the right to the proceeds from the sale of the fuel.

Wear what you are comfortable in. More formal that jeans and a t-shirt, suits are somewhat rare, although you would not be out of place in one. ...

Good Morning, I filed Chap 7 BK. Currently seeking a loan modification on home. I received the following statement from my

Standard language usually followed by "this is not an attempt to collect a debt". Bankruptcy law does allow a principal residence lender to...

Does a collection attorney have to file notification with the courts that my garnishment has been completely satisifed

You should call the attorney and ask that he file a satisfaction of judgment if there is no longer anything owing.

Asked lender for payoff and for original note so that transaction may be closed via escrow? What happens if note not produced?

First, you investor needs to employ a title company that will insure his mortgage is first in line (meaning it will guarantee the existing mortgage...