Archived
Should I disclose financial information to a law firm who is attempting to collect a debt for a credit card company?
Yvonne's answer
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Answered on May 06, 2010
One of the problem with the debt negotiation firms is that the credit card company's have no obligation to work with them. Some outright refuse to...
Archived
I was sent a summons for credit card debt. There is no hearing date or court case number on the summons. Is this real?
Yvonne's answer
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Answered on May 06, 2010
Yes it is real. In MN creditors are allowed to not notify the court that they have served you with a summons until they want something from the...
Archived
We met with an attorney Feb 2009 for filing a chapter 7. Not sure WHY it is taking so long, but wondering if we can keep tax $?
Yvonne's answer
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Answered on April 08, 2010
If you still have the refund, then your attorney should be able to determine whether you will be able to keep it. If you have spent the refund on...
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Archived
My bankruptcy has been discharged, now my home is in forclosure, will I have to pay the difference?
Yvonne's answer
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Answered on April 08, 2010
If they are foreclosing by action - an actual court proceeding where you are served with a summons and complaint, then you may have to pay the...
Can I put a car in my name after filing bankruptcy but before the case is discharged?
Yvonne's answer
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Answered on April 08, 2010
There should not be a problem with accepting the gift of a car. The bankruptcy estate is established as of the date of filing. If you were buying...
Archived
Can a lender sell a loan that is in default. If so, can the new lender demand back payment thay was owed to previous lender.
Yvonne's answer
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Answered on March 16, 2010
Yes a lender can sell a loan that is in default and the new lender can demand the back payments. The new lender buys the rights to the entire loan.
Can chapter 13 payment plan be amended in the middle of the 5 years?
Yvonne's answer
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Answered on January 02, 2010
In general, a chapter 13 payment can be adjusted to reflect changed living expenses. However, whether you actually can change the payment will...
Archived
Am I going to be held responsible for any of the financial obligations?
Yvonne's answer
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Answered on January 02, 2010
Yes you are likely to be held financially responsible for the debts she discharges. Even though you split financial matters in the divorce, your...
My business partner left the company and filed bankruptcy. Now I am responsible for all the debt. Can I sue him for half?
Yvonne's answer
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Answered on January 02, 2010
You can only sue him within his bankruptcy. There is a very high standard designed to protect the debtor as to what debts are dischargeable and...
Archived
What happens after you get discharged from bankrutcy?
Yvonne's answer
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Answered on January 02, 2010
If you are being discharged early, you should first make sure that it is actually a discharge and not a dismissal. If it is a dismissal, then it...
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