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What type of lawyer do I need to see to help me cash in my 457 funds to pay for Judgements againsit me
Alan's answer
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Answered on March 16, 2013
You do not need a lawyer to do this, but you might want one to advise you about the bankruptcy alternatives that exist. It is generally not a good...
Archived
Is it feasible to still owe $52k on a $60k mortgage, when you have been paying $488 a month for 16 yrs?
Alan's answer
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Answered on March 16, 2013
On a typical 30 year loan, your principal balance will be one-half paid off after 22 years, so it is feasible that after 16 years, you loan is only...
Archived
If you surrender your vehicle in a bankruptcy what happens next?
Alan's answer
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Answered on March 16, 2013
No, they cannot come after you. The debt was discharged, so you are no longer responsible. The repossession laws require the notice of sale and...
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My ex wife has written a check on an account that was closed in July 2009 for $800.00. She also wants me to give her the money.
Alan's answer
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Answered on March 16, 2013
Probably not prison, but she could be prosecuted for the crime. What she is asking you to do is to enable her to continue the destructive...
Archived
Own property, life estate to 2 children. 1 filed chapt 7 bank ruptcy. can I file to have a reopening to avoid lien?
Alan's answer
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Answered on March 16, 2013
The lien would only impair the child's life estate interest. Once the child dies, that interest is gone and the lien would automatically...
Can a Chapter 13 bankruptcy last longer than 5 years (60 payments)?
Alan's answer
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Answered on March 16, 2013
If the first three payments were contemplated to have occurred PRIOR to the plan confirmation, then you would be making 63 payments, with 60...
Archived
My wife and myself own 4 business, all in C-corp and LLC we both need to file bankruptcy for our personal and 1 of the c-corp.
Alan's answer
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Answered on March 16, 2013
Since a corporation is not entitled to a discharge - the major reason for filing chapter 7 - you seem to be misinformed from the get-go. I suggest...
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Archived
I signed a power of attorney to my sister to sell or keep a house and she filed bankruptcy under my name.
Alan's answer
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Answered on March 16, 2013
First, you should talk to your sister about whether she filed a bankruptcy on your behalf, rather than guess about it. What is the status of the...
Archived
We are in a 60-month Chapter 13 bankruptcy. Coming up in Month 53 we will have paid all the creditors. Will it end then?
Alan's answer
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Answered on March 16, 2013
You entered into a 60 month plan. If you pay 100% of your debt before then, the plan will end early. It sounds like you will have paid only 24%...
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Archived
Plaintiff files lien, included in BK, and BK discharged. Shouldn't the liens have gone away as well?
Alan's answer
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Answered on March 15, 2013
Most liens will survive bankruptcy. With some, you can file a motion to avoid the lien, but if you don't, the lien will survive. Sounds like you...
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