Is there such thing as a verbal contract breach?

Agreed you have more flexibility to settle with a collection company v. the actual credit card company. Just because you had an oral agreement to...

I have a rental property that is in forclosure in NY. Should I claim bankruptcy to avoid a deficiecy judgement?

There is not enough information to assess whether you should file a bankruptcy. You should contact a bankruptcy attorney in your area. NACBA or...

Bankruptcy - My mortgage loan was not reaffirmed (chapter 7)

Purchasing depends on your credit score among other factors. Your personal liability for the mortgage was discharged if you didn't reaffirm. ...

Are reaffirmation hearings common? Does this mean the "lender" does not want the debtor to reaffirm?

A bankruptcy judge is required to hold a hearing on a reaffirmation agreement if the court thinks that it is an undue hardship for you to reaffirm...

Can you please interpret statute 11 USC 362 (b) (C)?

Agreed that section 362 (c) is the fact that a current domestic support obligation is not stopped by a bankruptcy filing. I agree that it is not...

CAN YOU STILL BE CHARGED FOR A DEBT YOU FILED BANKRUPSY ON

Agreed if a motion to avoid the lien was not filed in the prior bankruptcy the lien would have survived the bankruptcy. If the property sells...

What arguments can be raised to object to a Motion for Relief of Stay filed by a mortgage lienholder?

The issue in a Chapter 13 is not equity, but adequate protection. Although the mortgage company listed a value of the property v. what you owe I...

Can you file for bankrupcy with out a attorney

You can file without an attorney pro se; however, the bankruptcy code is quite complex and I don't recommend that you file a bankruptcy petition...

In what ways will a foreclosure effect getting a home loan in the future?

The bankruptcy discharged your personal liability on the mortgage. However, they need to go through foreclosure to get the property back. The...

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I filed for bankrupty but my mortgage company did not file a claim, was my attorney suppose to follow up with them?

One rule that applies here is that if a creditor fails to object to a plan confirmation such as a mortgage company their arrears and the case gets...