Archived
I am thinking about filing Chapter 13 vs. debt consolidation. My husband just filed Chapter 13 for himself.
Penelope's answer
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Answered on October 09, 2012
Bankruptcy is a tool that people can use to help them start over or reorganize their finances. Debt Consolidation is a long term payment options...
Archived
IN REM deficiency judgement of $1,609.70 do i have to pay this with interest if i had filed for chapter 7 bankruptcy discharged
Penelope's answer
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Answered on October 09, 2012
In Rem is a legal term describing the power a court may exercise over property -- not you personally. This means that this judgment only effects...
Archived
We had chapter 7 bankruptcy 2 yrs ago. Mortgage was discharged and not reaffirmed. Can I walk away free and clean?
Penelope's answer
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Answered on October 09, 2012
The simple answer is yes you can. The mortgage company still has all their rights, so they can foreclose on your home. But, they cannot pursue...
Archived
Can judge make me surrender my home in chapter 7 BK
Penelope's answer
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Answered on October 09, 2012
Something does not sound right with what was said to you. I have represented debtors in Kane County, and although there are times were a person in...
Archived
Can I keep the house if I filed BK chapter 7 in Illinoise ?
Penelope's answer
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Answered on November 03, 2011
There are several different things to consider when determining if you can keep your home in a Chapter 7 Bankruptcy. First is whether their is any...
Archived
1st debt collector withdraws a complaint and the case is dismissed in IL, 2nd collector does same thing. is there term limit?
Penelope's answer
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Answered on October 28, 2009
The statute if limitations on a breach of contract is 10 years. The case can be refiled within the ten years, however, once a case has been filed...
Archived
What is the statue of limitations on a medical bill
Penelope's answer
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Answered on October 28, 2009
Two answers -- the statute of limitations to recover for medical bills is two years. The statute of limitations for a breach of contract is 10 years.
Archived
I have a judgement against me for a car that gor repo'ed,how can i reduce the judgement
Penelope's answer
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Answered on October 28, 2009
Unfortunately, there is very limited ways in which to get a Judgment reduced or removed... First question to ask is was judgment entered after a...
Archived
I have ended a 6 yr gay relationship, can my ex sue me for 30,000.00 she says she put into our joint acct. that we used jointly?
Penelope's answer
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Answered on October 28, 2009
The answer is not if your Ex can sue you, because anyone can file a suit, the questions becomes can she prevail. In order to file a suit the...
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