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My wife has run up our credit card debt and we have no savings. I want out but have no money what can I do? can't afford rent?
Joseph's answer
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Answered on June 17, 2012
To begin with, a bankruptcy could be a solution to your financial problems. Although bankruptcies can be filed without an attorney, my advise would...
Archived
Question about meaning of word "principal " in civil suit from Capital One .
Joseph's answer
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Answered on June 16, 2012
Principal is what is owed without interest, court costs and attorney fees
Archived
I filed for Chapter7 the other day. if I file an insurance claim, is that money that i get going to go to the trustee?
Joseph's answer
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Answered on June 15, 2012
Yes, the possible claim should have been listed in the Chapter 7 petition. You need to amend the petition.
The Trustee may be able to take all...
Archived
If I got a judgement on a credit card
Joseph's answer
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Answered on June 15, 2012
If the judgment is against you personally, they cannot go against a business bank account if your business is an LLC or a corporation. If your...
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What are my options for Bankruptcy?
Joseph's answer
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Answered on June 11, 2012
Chapter 7 bankruptcy will most likely be a solution for you to eliminate your legal obligations to pay your debts. This assumes that you pass the...
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Chapter 7 , adding debts previously omitted in original filing.
Joseph's answer
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Answered on June 07, 2012
All debts that are due as of the filing date of the petition are discharged, whether listed or not.
In Re Mendiola Northern District of IL,...
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How will a chapter 7 affect a pending lawsuit from an auto accident?
Joseph's answer
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Answered on June 07, 2012
The Chapter 7 Trustee will keep your Chapter 7 "open" until the claim is resolved. The money that you might be receiving from the claim is treated...
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If further documents are needed after my 341 hearing, does the trustee communicate directly with me or through my lawyer?
Joseph's answer
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Answered on June 06, 2012
Generally, the Trustee communicates directly with your attorney.
If the meeting has not yet taken place, you will usually know at the time of...
Archived
Can we move to another state after the creditor's meeting, but before our bankruptcy case is over?
Joseph's answer
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Answered on June 05, 2012
Not a problem moving after the creditor's meeting but before the discharge.
The odds of anything happening requiring your appearance in court are...
Can you claim bankruptcy to include a home equity loan but not include your mortgage?
Joseph's answer
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Answered on June 05, 2012
First: determine that value of the home to make certain that if she files a Chapter 7, that the equity, if any, is within the allowable range based...