Archived
I live in IL.Bank want to do a DEED IN Lieu.I want to file bankruptcy 7.I was told trustee could make me sell my 2nd home.Help
Elisabeth's answer
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Answered on February 28, 2012
Filing a Chapter 7 Bankruptcy and signing a deed in lieu are two separate issues.
A chapter 7 bankruptcy is a liquidation bankruptcy. What this...
Archived
Bank suing for negative balance in 2009
Elisabeth's answer
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Answered on February 28, 2012
I agree with the above answers. Another way to check the validity of their claim is to ask them for the case number, and court location where they...
Archived
Is there a way to save an incorporated business if one is filing for personal Chap 7
Elisabeth's answer
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Answered on February 15, 2012
Generally speaking your business is separate entity from you. When you file personal Chapter 7 the business is only considered as an asset that you...
Archived
I recently filed chapter 13 to save my home..I can no longer afford the house payment and the plan payment.
Elisabeth's answer
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Answered on February 13, 2012
I agree with the answers above. There is currently no law that requires your mortgage company to work with you to reduce the monthly mortgage...
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