Archived
I recently filed for chapter 7 bankruptcy and was discharged. My sister wants to lend me some money to pay down on my car loan.
Cody's answer
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Answered on July 23, 2014
No but unless your case is closed you should not create any additional equity in any asset. I would not pay off the car until the case is closed.
Archived
If my husband files for bankruptcy separately, will they take my car which is in his name?
Cody's answer
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Answered on July 23, 2014
Generally, people who file for bankruptcy can keep their car. You should speak to a bankruptcy attorney in your area for the specifics as it...
If I file for chapter 7 will that eliminate the loan I have on my life insurance policy without voiding the policy?
Cody's answer
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Answered on June 24, 2014
I have had this issue several times. Although it will be governed by the particular contract, in my experience the policy was also canceled. I...
Archived
Bk7 dischrg 2009. 1st mtg not reaffrmd 2nd one was mistake from lawyer. now balloon 31k due. Can I file chapter "20"
Cody's answer
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Answered on June 24, 2014
If the house is worth less than the first mortgage; you can strip the lien.
Archived
My lawyer filed a schedule c but for a lesser amount
Cody's answer
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Answered on February 17, 2014
You need to speak to your lawyer. It may be posible to change your exemption to $7,400.00. It may be that only a portion of your refund is...
Archived
What power does a Notice of Judgment lien give to an entity?
Cody's answer
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Answered on January 12, 2014
A bankruptcy will release the judgment and a lien. If you other debt issues you may think about a bankruptcy.
Archived
A 28 year old student loan.Been summoned. I am on SSI and 100% disabled. I am completely destitute.
Cody's answer
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Answered on January 10, 2014
Many federal loans are forgiven if you become disabled. Often times, the attorney who filed the suit against you can help. The following websites...
Archived
RE: Personal Bankruptcy. I was awarded $174K in an Enforcement of a JOD. I was told it was not likely that my ex would be...
Cody's answer
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Answered on January 06, 2014
You should hire a bankruptcy attorney. Generally, debts within a judgment of divorce cannot be discharged, but as with all rules there are...
Creditor will not pick up vehicle surrendered in Chapter 7.
Cody's answer
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Answered on July 31, 2013
The other comments are correct. Also you do not have to insure the car.
Archived
After reaffirming a auto loan after bankruptsy do I have to pay the intrest?
Cody's answer
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Answered on July 16, 2013
Yes. Also, you may want to rescind the reaffirmation agreement with the credit card, if you still can. You should speak with your bankruptcy...
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