Archived
Can 2nd mortgage lien holder seize and sell on a chpt 7 discharged debt when there is a senior 1st mortgage that is in default?
Robert's answer
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Answered on July 31, 2016
Chapter 13 is a powerful tool for debtors in a situation such as yours. Not only can Chapter 13 halt a foreclosure, but it might also give you the...
Archived
Can I add a banking fee for a returned check of $9503.00 to my Chapter 7?
Robert's answer
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Answered on July 30, 2016
If your account was overdrawn $11,000 at the time of filing, then yes, you are actually required to list it as a claim in your bankruptcy. ...
Archived
What happens when a person files for chapter 7 bankruptcy
Robert's answer
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Answered on July 30, 2016
Michigan homestead exemption not so generous for single and under 65 individuals. However, if you are married, Michigan might provide you an...
Archived
Will I be safe from an eviction proceeding if I move out while the 3 day period?
Robert's answer
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Answered on July 30, 2016
For a residential lease, the automatic stay gives you limited protection in eviction proceedings. The stay would allow you to stay in your rental...
Archived
Applying for the MMM Mediation Modification program in Bankruptcy CH. 7. How do they determine income qualification?
Robert's answer
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Answered on July 30, 2016
To determine your self-employment income, expect to complete some kind of business financial review form. In such a form you would give a detailed...
Archived
What happens when a person files for chapter 7 bankruptcy
Robert's answer
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Answered on July 29, 2016
In Washington, you are allowed a $120,000 homestead exemption. If you file Chapter 7, and your home is worth more than $120k, the trustee might...
Archived
Do I need to file bankruptcy or do something else?
Robert's answer
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Answered on July 27, 2016
One issue might be the car. Florida law has a motor vehicle exemption that protects your car up to $1,000. But there is a "wildcard" exemption...
Archived
Creditors meeting questions?
Robert's answer
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Answered on July 26, 2016
Why do you need to bring proof of disability? Just depends on the trustee's mood sometimes. Even though disability is usually exempt income, the...
Archived
Do you think Wells Fargo will take a lump sum considerably lower than the $100,000 they they have a judgment against us for?
Robert's answer
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Answered on July 25, 2016
One factor depends on if Wells Fargo thinks you're motivated. For example, if you are trying to sell or buy a house or refinance a mortgage, and...
Archived
Chapter 7 if i paid a lawyer in full how hard is it to get the money back when then havent done anything in almost 7months
Robert's answer
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Answered on July 25, 2016
As touched upon, send the attorney a letter/email warning him you will report his actions to the bar association. Hopefully, that will get his...
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