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FILEING CHAPTER 7 BANKRUPTCY AND NEED TO UNDERSTAND WHAT CONTINGENT, LIQUIDATED AND UNLIQIDATED ITEMS ARE.
Lynda's answer
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Answered on March 07, 2014
Your student loans go on Schedule E - priority debts. They are not discharged by the bankruptcy though. Both credit cards and medical bills go on...
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Do I need to pay lawyer fees for a debt collector
Lynda's answer
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Answered on March 06, 2014
Now is the time to negotiate a settlement. As part of the negotiations they waive attorney's fees and reduce the balance. You agree to pay a lump...
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Can i go to jail for not repaying check advance loan?
Lynda's answer
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Answered on March 06, 2014
NO DEBTOR'S PRISON IN UNITED STATES. You could be served a summons in a CIVIL lawsuit to collect money for the debt but you aren't going to jail.
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Credit Reporting After a Chapter 7 Bankruptcy
Lynda's answer
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Answered on March 06, 2014
Some mortgage companies will report the payments and others won't. If they don't report it you can do so yourself with appropriate documentation.
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Need a to file bankruptcy.
Lynda's answer
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Answered on March 06, 2014
The filing fee is set at $306.00. That is the amount of money the attorney will collect from you to pay the Clerk of the Bankruptcy Court to open...
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If my lender forgot about my car after this debt was discharged in a Chapter 7 bankruptcy, should i just keep driving it?
Lynda's answer
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Answered on March 05, 2014
The debt was discharged in bankruptcy so you don't owe any money. This is assuming you didn't sign a Reaffirmation. You can keep driving it until...
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Bankruptcy Discharge received and dated 01/06/2014 and still have negative things on my credit report
Lynda's answer
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Answered on March 05, 2014
If you received your bankruptcy discharge in October then your credit report should show the bankruptcy by now. Contact the credit card company...
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I owe state taxes, school loans, and workman's comp. IS THERE A PROGRAM OR DEBT CONSOLIDATION i can use for all 3 in Louisiana?
Lynda's answer
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Answered on March 05, 2014
A chapter 7 is where your debts are wiped out and a chapter 13 is a payment plan. You have several problems here. As to chapter 7, school debt...
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Can I form an single LLC, buy a house under the LLC and consolidate student loan debt into the mortgage and declare bankruptcy?
Lynda's answer
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Answered on March 05, 2014
Sounds like fraud to me. You are trying to find a way to get out of the student loan by sticking another creditor with the $100,000. Is that what...
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Motion For Relief From Automatic Stay filed right before my Chapter 7 is scheduled to be discharged.
Lynda's answer
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Answered on March 05, 2014
I don't see any advantage to fighting the automatic stay. Do you have a valid defense? When the bankruptcy case is closed the automatic stay is...
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