Archived
I'm filling out memorandum of costs documents. Do I calculate accrued interest up to the date of judgment or the current date?
Michael's answer
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Answered on March 21, 2016
You can allege whatever you're entitled to under the contract which would mean interest at the specified rate up to the date of judgment.. If no...
Archived
Is there any way to have my chapter 13 case discharged or am I forced to stay in active chapter 13 for 8 to 9 years?
Michael's answer
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Answered on March 21, 2016
There are a few strategies for getting out, but without winning on one of these strategies, you are likely in the case for 8 to 9 years. First,...
After bankruptcy discharge, the bankruptcy trustee keeps checking your bank accounts and if he does ,for how long
Michael's answer
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Answered on March 14, 2016
Occasionally, a case remains open after a discharge is granted if the trustee found an asset that needs to be sold/administered. That's about the...
Archived
What stuff can you lose in the lead time to filing bankruptcy for credit card debts?
Michael's answer
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Answered on March 14, 2016
Lawsuits take time (6 months at least) so if you are asking can they sue you and get around to garnishing your bank account or paychecks, then you...
Archived
Since he has not taken any further action, would it be simple to contest the lien?
Michael's answer
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Answered on March 14, 2016
I'm no specialist on mechanic's liens, but it sounds like you have good grounds to dissolve or remove the lien. His bankruptcy would have listed...
Archived
Would I be told it is fraud and my bankruptcy thrown out?
Michael's answer
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Answered on March 14, 2016
If you attempting bankruptcy on your own, the more you struggle now to pay the bills, the better your chances. The other attorney is correct that...
Archived
Inheriting a farm abroad, while living abroad, having defaulted US loans - How to arrange payment plan or bankruptcy?
Michael's answer
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Answered on March 14, 2016
While you could be sued here in the US and then have it follow you to Australia, it's complicated and may not happen at all. You may be in a strong...
Archived
Will the lawsuit get thrown out in bankruptcy for both, or just the llc member?
Can they go after the 2nd member of the LLC?
Michael's answer
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Answered on March 14, 2016
Sounds unsecured to me. The creditor will always look for a way to make the debt non-dischargeable, but for $600 it may not be worth it to pursue...
Archived
Private Student Loan Discharge in Bankruptcy
Michael's answer
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Answered on March 14, 2016
In bankruptcy, you often need a disability or some other inability to work to qualify for the hardship discharge. You may be better off pursuing...
Archived
Is it possible to sell my house, attempting to settle the writ at closing just like any other lien? I have buyers with cash.
Michael's answer
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Answered on March 12, 2016
It's certainly possible. A title company will typically want a payoff letter to spell out how much has to be paid on the writ though. So it's...
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