Archived
If bank you are suppose to pay goes under and bank that takes over doesnt have an assignment of mortgage,can they foreclose?
Marc's answer
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Answered on June 27, 2012
An assignment of the mortgage may or may not be necessary. First off if the note is endorsed in blank then any holder of the note can enforce it. ...
Archived
Im being sued for deficiency balance of 13500. What can I expect to happen in court .?
Marc's answer
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Answered on June 27, 2012
If you don't defend against the suit then they will likely get a judgment for the balance owed on the car. At that point they can collect on the...
When filing chapter 7 bankruptcy, does the unmarried live-in partner's income count toward the means test?
Marc's answer
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Answered on June 25, 2012
It depends on the circumstances. An unmarried person who does not contribute to household expenses would not count. If there is a joint household...
Archived
Can I exempt stolen property in bankruptcy that I am trying to sue to get back?
Marc's answer
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Answered on June 25, 2012
If you file a Chapter 7 bankruptcy a trustee has the right to take any money or property that is owed to you for the benefit of creditors. If you...
Archived
We filed chapter 7 and our heloc was discharged with this in 2012. To stay in our home we must come up with 96k and cannot.
Marc's answer
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Answered on June 24, 2012
I believe this person has a balloon note since I answered a question with these same facts in another post. The above answers are incorrect if you...
Archived
Does a Bankruptcy Trustee have authority cancel life insurance policies to get the cash value?
Marc's answer
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Answered on June 24, 2012
Agreed once something is done it usually too late to undo it. A trustee can liquidate any non-exempt assets for the benefit of creditors that is...
Archived
Bad check charge in kentucky
Marc's answer
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Answered on June 24, 2012
It is always a good idea to have a lawyer when facing any kind of criminal matter. However, due to the small amount of the check that was written...
Archived
Can a lawyer negotiate a one-time payoff with Sallie Mae for a student loan that is current?
Marc's answer
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Answered on June 24, 2012
Anything is possible, but this is rather unlikely. The lender has no incentive to negotiate a lump sum settlement on a non-dischargeable debt that...
Archived
I'm wondering about a student loan I have and what to do after its in default and what can happe to me.
Marc's answer
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Answered on June 24, 2012
Student loans never go away. If you are working then set up payment arrangements with the student loan lender or collection agency. The student...
Archived
Monthly disabiliy does not allow enough money to pay my credit cards
Marc's answer
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Answered on June 24, 2012
You are presently garnishment proof if your only income is disability. You can get an attorney and make small payments over time to file Chapter...
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