Archived
Debt Settlement vs Bankruptcy I do not want to file bankruptcy, however which will heal credit faster?
Marc's answer
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Answered on June 12, 2012
Generally, debt settlement will hurt your credit as much or more than a bankruptcy. For you to settle debts for less than you owe you will need to...
Archived
Bankruptcy - Chapter 7 - Do you still have to pay for your mortgage/late fees if you're including it on your bankruptcy?
Marc's answer
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Answered on June 11, 2012
the person can discharge late fees, attorney fee's etc. if she files a Chapter 7 and surrenders the property. The only debt that would survive...
Archived
Unsecured debt, bankruptcy
Marc's answer
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Answered on June 09, 2012
Unless they agreed in writing not to sue you because of the agreed payment amounts they can still sue.
Archived
I received a Notice of Levy via mail. My account was drafted today. In appeal, is a settlement still an option?
Marc's answer
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Answered on June 07, 2012
Now that it has already happened it is harder to undo. You would likely need a lawyer to file a motion to vacate the levy and claim money as...
Archived
What agencies are in Illinois that can be contacted in a workman comp possible fraud?
Marc's answer
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Answered on June 07, 2012
This is not a bankruptcy question and should be posted in another area. Are you a concerned citizen or a person who wants revenge for some reason?...
Archived
Can a lawyer go after me for money my parents paid me before they filed bankrupcy
Marc's answer
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Answered on June 07, 2012
YES and YES. The trustee can recover any money paid to an insider as a fraudulent transfer if other creditors were not paid. Depending on how...
Archived
Can a government pension be gransheed if direct deposit?
Marc's answer
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Answered on June 07, 2012
Pension by a regular creditor no. The government can hit you pension if you owe them money. However, a bank account could be frozen by a regular...
Archived
Can I file a new bankruptcy with a lower value on my vehicle if it was dismissed within one year?
Marc's answer
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Answered on June 07, 2012
Creditors can object to value, and depending on what they were paid in the 1st case can argue higher adequate protection payments (meaning more...
Archived
What if my bankruptcy is not paid off in 60 months
Marc's answer
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Answered on June 07, 2012
Depends on the district the case was filed and if anyone objects. Technically a plan is not supposed to be over 60 month (five years). However,...
Archived
High Credit card debt , lost my job.. what to do ?
Marc's answer
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Answered on June 07, 2012
On the visa status I am unsure how that would effect you if they got judgments. If you leave the country and don't pay then they eventually will...
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