Archived
Filed BK Chapter 7, 341 Creditors Meeting held and attended. What do I need to do after? Please let me know, I filed myself.
Alan's answer
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Answered on July 01, 2013
You have to hope the trustee will file a no-asset report. If not, there is something you failed to protect with your exemptions, and (s)he will...
Archived
Can I sue the bank for breach of contract after I file for bankruptcy 13
Alan's answer
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Answered on July 01, 2013
Banks are well known for the right hand not knowing what the left hand is doing. Even though Stern v Marshall might give rise to a dismissal,...
Archived
If I convert from chapter 13 to chapter 7 after confirmation, do I get my payments back?
Alan's answer
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Answered on July 01, 2013
Assuming your plan was confirmed, most or all of that money paid in has been paid to your creditors. If you do not have a confirmed plan, those...
Archived
If I file a Chapter 7 with my wife and our home has no equity, can we use the wildcard exemptions to shield $11,000 in cash?
Alan's answer
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Answered on July 01, 2013
Generally, cash is included as one of the things you can use the wild card exemption for. Talk to an attorney in your area for a thorough analysis...
Archived
I filed chpt 13 and completed 24 months of making trustee payments & house payments... As of Jan
Alan's answer
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Answered on June 29, 2013
Chapter 13 will allow you to catch up. If you file another one, you will need to explain why things are different now if you want the protection...
Archived
Is redeeming my car in bankruptcy better than reaffirmation?
Alan's answer
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Answered on June 29, 2013
If you only owe $800 and it is worth$3500, then reaffirming the debt is the right answer.
Archived
We filed chapter 7 in may of 2011. can we file chapter 13 to alleviate medical costs due to "no insurance"?
Alan's answer
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Answered on June 26, 2013
You would not be eligible for a discharge, but a chapter 13 could keep the creditors at bay. You would have to dismiss a 13 filed now and refile...
Archived
Mortgage was included in our Chapter 7 BK 2 years ago. Bank has not foreclosed and we are trying to buy now. Can we?
Alan's answer
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Answered on June 22, 2013
You can buy now. If you need a mortgage, you will need to find a lender that will lend with the recent bankruptcy - most want it at least three...
Archived
How do I do a deed in lieu without giving up bankruptcy protection
Alan's answer
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Answered on June 22, 2013
If the bank tries to collect money from you, it will be violating the discharge injunction if the debt was discharged in your bankruptcy. You can...
Archived
How long before i have to move after putting a land contract into a bankruptcy and having it discharged.
Alan's answer
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Answered on June 19, 2013
Demands for payment could be a violation of the discharge injunction, although the bankruptcy code does allow lenders to inform you of payments...
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