Archived
I filed bankruptcy back in 2008. I never signed a reaffirmation agreement with my lender for my home mortgage, USDA RD in Ill.
Marc's answer
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Answered on January 23, 2013
You can walk away without personal liability on the mortgage since it wasn't reaffirmed. However, it is unlikely that you would get financed by...
Archived
I just found out on Cook County Clerk's website that there is a case entered agains me. It says case set of status call 1/28/13.
Marc's answer
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Answered on January 23, 2013
You are jointly liable on the loan. This means in simple terms that the creditor can go after you or your father or both. It is apparent that a...
Archived
Will I become home less
Marc's answer
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Answered on January 15, 2013
Your income is judgment proof since it is SSI, but if you have a home then a lien can be recorded against it. That lien accrues interest and...
Archived
Will the bank come after me if the house goes into foreclosure and my ex-husband files bancruptcy?
Marc's answer
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Answered on January 15, 2013
If you are liable on the mortgage then they may come after you for a deficiency balance. More information is needed such as whether or not you...
Archived
How long does bankruptcy take?
Marc's answer
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Answered on January 10, 2013
It will vary on the Chapter you file first. If you file a Chapter 7 it takes approximately 4-5 months from the filing to discharge. If you file...
Archived
Re: my house being sold at sheriffs auction now 2nd mortgage co. is coming after me
Marc's answer
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Answered on December 31, 2012
a lender can come after for the deficiency at sale. if you have a second mortgage it likely didn't get paid and therefore they have a balance that...
Archived
Chapter 7 bankruptcy. Want to discharge money owed to Bail Bondsman. Do they have preferable treatment? other issues?
Marc's answer
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Answered on December 14, 2012
Speak with a bankruptcy attorney in your area. State law would apply. If you showed up for court and the criminal case was taken care of then the...
Will filing chapter 7 eliminate a bad check done by accident ?
Marc's answer
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Answered on December 13, 2012
The liability on the check may be dischargeable, but any fines or criminal restitution is a non-dischargeable type of debt. The answer is yes or...
Archived
Can a collection agency or payday loan revoke your driver's license?
Marc's answer
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Answered on December 13, 2012
No!
Archived
I am in the process of filing for bankruptcy, until it's discharge I need to stop payday loans. Should I close my checking acct?
Marc's answer
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Answered on November 28, 2012
Notice to creditors switch bank accounts.
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