Archived
In bankruptcy(pro se) what should I request in my motion for discovery from mortgage lender(filed non-enforceable proof of claim
Shannon's answer
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Answered on March 08, 2012
I agree that an objection to the proof of claim should be filed. You may be able to find a form on your court's website or go to the help desk for...
Archived
Is fines that you owe to a court covered if you file bankrupcy?
Shannon's answer
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Answered on March 07, 2012
Most government fines or penalties are not dischargeable, especially in a chapter 7 filing. We need more details to determine for sure. If you have...
Archived
Is there a way to surrender an underwater condo in bankruptcy and not be responsible for the post filing HOA assessments?
Shannon's answer
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Answered on March 07, 2012
The fast answer is No. However, circumstances may change this answer depending on the situation. Have you attempted to do a deed in lieu with the...
Archived
Bankruptcy chapter 7 I transferred a car to my sister. Now I am going into a 7 & found out I shouldn't have. What now? Tran back
Shannon's answer
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Answered on March 06, 2012
If you can transfer the car back and exempt out the equity in the car, you will be in a much better position than filing while the car is still in...
Archived
After a bankruptcy does a foreclosure show on your credit report also, and does it affect you in being able to rent a house/apt
Shannon's answer
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Answered on March 06, 2012
If you file for bankruptcy and surrender the home to the lender, the foreclosure should not "double ding" your credit report. The debt to the...
Archived
What financial statements are needed to determine if a company is in a position to file for bankruptcy?
Shannon's answer
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Answered on March 06, 2012
If a company is seeking relief under the bankruptcy code, the information needed will depend on the type of relief sought by the company. Does the...
Archived
I have two auto loans that I need to declare exempt in Florida, which law do I put on schedule C?
Shannon's answer
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Answered on March 05, 2012
You need to exempt out the equity in the vehicles on Schedule C. This is not where you place the vehicle loans. Vehicle loans are listed as...
Archived
Should an accountant in the State of NJ who runs a business and commits fraud in its operation, be able to go bankrupt?
Shannon's answer
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Answered on March 05, 2012
I am sure that there are plenty of creditor's rights attorneys in your area; however, most attorneys in will require a retainer in order to pursue...
Archived
Which is the best way to answer a summons for a foreclosure while pursuing bankruptcy - Chapter 7?
Shannon's answer
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Answered on March 05, 2012
The best way to proceed will depend on how close you are to filing your bankruptcy. If you are near to filing, you may not need to respond to the...
Archived
If defendant claims they can't afford to give you much and if you go to trial they will pursue bankruptcy what are your options?
Shannon's answer
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Answered on March 05, 2012
This will depend on the type of debt that is owed to you. Not all debt is dischargeable in bankruptcy and therefore, you may be entitled to money...
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