Should I file bankruptcy before or after a balloon payment becomes due?
You don't have to wait, and if the property is worth less than is owed, you can pay just the value of the property.
Chicago, IL
Chapter 13 bankruptcy Lawyer at Chicago, IL
Practice Areas: Chapter 13 Bankruptcy, Chapter 7 Bankruptcy ... +2 more
You don't have to wait, and if the property is worth less than is owed, you can pay just the value of the property.
There are generally two different paths to keep separate. The statute of limitations affects how long someone can collect money from you. The...
Your bankruptcy includes things that happened and debts that were owed up to the date of filing. The bank is allowed to work on getting any...
Yes you can transfer it to them just like you could transfer it to anyone not in bankruptcy. The transfer would typically have to be approved by...
In my area, you need to get a certified copy of the judgment from the court and then file it on the property where you are placing the lien. The...
The process involves lots of forms, but basically you disclose your assets, your income, and your debts. You're trying to show you can't afford to...
If you're in a bankruptcy, Schedule A would show your home and Sch. C would show an exemption you claim for your homestead. I suspect you need...
Unless you can pay all the debts in about five years, you should really consider it. Bankruptcy helps stop garnishments and get you out of bad car...
Prays is standard lawyer language, it just means they request the court to do something. You should start by reviewing the case file and docket....
You don't have a lot of good options. Your case can be split into 2 separate cases and then one of you could convert to Chapter 7, and that may...