Filing Chapter 7 and want to know if i can negotiate a lower loan amount due to sharp decrease in home value CA.

Contact your mortgage lender; ask for the loan modification department. They will have a policy and series of guidelines to determine whether a...

How can a judgment be attached to a house with no equity?

The credit card company cannot force a sale of your home if your house is upside down. When they get the judgment, they can garnish your...

Firstly, all debts are listed in a Chapter 7. Secondly, if you do not wish to retain the ownership of your home, the Chapter 7 discharge will...

If someone files for a judgement against an individual can that individual file bankruptcy prior to the judgement being granted?

if the agreement for the husband to pay the mortgages is part of a court order in the divorce matter, part of a settlement agreement or will be...

Chapter 13 payment help needed.

In our area, the Trustees will allow for a 5 year plan that is less than the difference between I and J. However, the possiblity exists, though...

Person filed bankruptcy less than 90 days after judgement. Is judgement still valid?

Debts in existence at the time of the filing of the bankruptcy, although not listed in the list of creditors are still discharged. You have a...

Should I file for bankruptcy

If this is your only debt, $,5300.00 may not be enough to file Chapter 7, not as a legal matter, but as a practical matter. The law allows you to...

A lawyer located 100 miles away is representing a credit card company for a debt I owe and my small claims trial is tomorrow.

Wow. Interesting question. I doubt anyone has such statistics. You can be sure that the lawyer would not take this case without making certain...

Can the debt collector levy my car if its over 10yrs old?

The issue not the age of your vehicle but its value. To avoid a garnishment or a levy, either contact the creditor to make payment arrangements...

Spouse file bankruptcy chapter 7 after other spouse filed 3 years ago. what effect

Your bankruptcy filing has no effect on a possible bankruptcy filing for your wife. If you have little in the way of assets, most likely the...