Lease must be listed on schedule G of the bankruptcy petition, but I do not believe that landlords are creditors entitled to notice, so you should...

I am impressed as you seem to have a pretty good grasp of the concept of deficiency judgment and strategic foreclosure. You have glossed over an...

If I filed bankruptcy, would I be able to purchase a home?

The bankruptcy itself stays on your record for ten years. Mortgage standards, after having been tightened following the housing crisis, are...

Can I sell my car to my child before bankruptcy for fair market value?

Intra family transactions can be perfectly innocent and honest, but they have the potential to ensnare your relatives into your bankruptcy. There...

Minnesota courts typically utilize a "heads on beds" approach as set forth in the census, i.e. if you file on the weekend when your daughter is...

How do I address the second mortgage lender, I don't want to pay because the second mortgage was tied to the home and it's gone

It is quite typical that a chapter 7 bankruptcy will follow a foreclosure when there is a second mortgage. The first mortgage takes the house &...

Email me pricing?

I would recommend you check around with at least three attorneys. While price is many people's first consideration, also consider experience,...

Do we need a lawyer and which will be best for us 13 or 7? Also what is the average lawyer fees for a 13 or a 7? thank you

I will reiterate everything Craig said, and add that if you can get a loan modification and can handle a payment plan on the taxes, then chapter 7...

Are we required to acknowledge this mortgage at closing, and satisfy the debt, with proceeds, from the sale of the property?

Most likely you will need to pay. The only way you wouldn't need to pay, is if you had stripped the lien (which can only be done in a chapter 13)...

Is she automatically responsible for half of the debt? Will it be best for her to file for bankruptcy as a couple, then divorce?

Divorce decrees are not binding on third parties. So if she is jointly liable on the debt, he can't simply agree to take those debts, file...