Archived
Filed chapter 7 had 341 meeting trustee has lots of questions all of which have easy answer. I am filing but my wife is not.
Shannon's answer
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Answered on March 25, 2012
I agree with my colleague, and would like to add a comment to your statement "is it possible they will just collect the info." The trustee is not...
Archived
Short sale after a Chapter 7 Bankruptcy
Shannon's answer
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Answered on March 25, 2012
First, make certain that the reaffirmation was signed, filed and approved. If not, you do not need to worry about a deficiency.
If you did...
Archived
Can a debt collection agency from another state, who has purchased your account from the original lender sue for the alleged
Shannon's answer
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Answered on March 25, 2012
Yes, it is fairly common these days to have a debt sold from party to party.
You should be sent a notice when a new entity acquires the debt...
Archived
Can I have advice on my daughters school and what I should do?
Shannon's answer
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Answered on March 25, 2012
Unfortunately, you are "on the hook" for your daughter's student loans, as you were a cosigner. There is no way around that.
Due to the fact...
Archived
Filed chapter 7 in sc attended 341 hearing lots of follow up questions from trustee? Is this normal?
Shannon's answer
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Answered on March 24, 2012
It certainly is more normal to have questions if you have filed without an attorney. If you filed with an attorney, the attorney help you through...
Archived
I had to file bankruptcy in last December 2010. Chapter 7. I provided my 2010 tax return to the trustee and gave her my refund.
Shannon's answer
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Answered on March 23, 2012
Your income tax refund is a result of 2011 income, which from your facts, is post petition, so you should not be required to pay those funds to the...
Archived
Chapter 7. can money received from discrimination claim be considered income for chapter 7 means test?
Shannon's answer
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Answered on March 22, 2012
If your income is particularly low to begin with or the amount you receive was not substantial, it may not have an effect on your means test, as...
Archived
Failed "Pass-through" in Chapter 7
Shannon's answer
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Answered on March 22, 2012
Your term "ride-through" was eliminated when the bankruptcy code was changed in 2005; however, most lenders would rather have your money than the...
Archived
We are being sued by beneficial for $18,000, they have refused to this point to lower our payments or work with us...
Shannon's answer
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Answered on March 22, 2012
Lump sum settlements are always more appealing to creditors. Therefore, they may settle for less with a payment offer to be made at one time. Make...
Archived
Will the irs accept 2 seperate installment agreements?
Shannon's answer
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Answered on March 21, 2012
I have reposted this to the tax section. It is more appropriate question for this section rather than the bankruptcy section. Good luck to you!
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