Archived
Discharged chap 7 bk with no reaff on mortgage. Have the opportunity to buy a house for 75% less than current mortgage. Current
Kevin's answer
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Answered on February 05, 2014
Like Stuart said, you do not need to do a short sale? What would be the benefit to you? The promissory note that obligated you personally for the...
Archived
Bankruptcy and divorce agreement
Kevin's answer
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Answered on February 04, 2014
Property Settlement awards are not dischargeable in Chapter 7 but are in Chapter 13 as said already though you need regular income to file Chapter...
Archived
Am I liable financially if I sign a consent judgment on residence
Kevin's answer
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Answered on February 03, 2014
Well you need to read it. I would get an attorney to look it over for you, that would not cost much.
Archived
I want to file for bankrupt will it closed these situtations
Kevin's answer
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Answered on February 02, 2014
Are you talking about a Chapter 13 bankruptcy or Chapter 7? Do you know the differences?
Archived
Should my son file for bankruptcy?
Kevin's answer
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Answered on February 02, 2014
You should talk to a consumer bankruptcy attorney for a free consultation. Perhaps consider a Chapter 7 filing (he needs to qualify). IRS debt is...
Archived
I was served foreclosure papers they gave me 30 days to respond how do I respond?
Kevin's answer
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Answered on February 02, 2014
You need to respond. You need to hire an attorney and respond. Sending the items that you indicated does not cancel your mortgage. Did you get...
Archived
How do I know how much longer I have in my foreclosed home?
Kevin's answer
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Answered on January 30, 2014
First of all what are you waiting for? Move. It sounds like the sale took place and that there was a confirmation of the sale on 1/13/2014. The...
Can I buy a house cash after filing chapter 7 bankruptcy 2 years ago.
Kevin's answer
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Answered on January 29, 2014
If you were discharged in your chapter 7 2 years ago and now want to buy a house for cash with funds that were obtained after the discharge (and...
If a foreclosure and sale is vacated, does the case start over, as a new foreclosure and do they have to follow the new IMFL law
Kevin's answer
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Answered on January 28, 2014
You say the foreclosure was reversed? But do you mean the foreclosure sale? Was the Judgement of foreclosure reversed?
Archived
I intend to file chpt 7. Can I take 401K $ to pay for lawyer & living expenses now (lost job)?
Can they come after that?
Kevin's answer
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Answered on January 27, 2014
401(k) is exempt. Most attorneys take reasonable payment plans so you may not even have to do that but talk to a bankruptcy attorney, most offer...
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