Archived
Did not reaffirm mtg after ch 7 in 2009, how will this effect my credit & ability to purchase new home in next year or two?
Michael's answer
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Answered on July 22, 2013
The good news is that if you did not reaffirm, you are not liable for the mortgage debt if you walk away. What happens next is largely up to your...
Archived
After probate, am I entitled to my deceased husband Social Security and would that then be exempted from bankruptcy?
Michael's answer
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Answered on July 22, 2013
I agree with the first answer. But, while your creditors may not be allowed to take your social security benefits, they can often freeze your bank...
Archived
My wife had a bankruptcy 2 years ago. We did a loan mod in Jan. Is she going to be on the hook for the deficiency?
Michael's answer
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Answered on July 12, 2013
This may actually be a tricky bankruptcy question. First, if your wife reaffirmed the debt in the bankruptcy, she will be liable for the...
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Archived
Is 38 months too long for filing of summary judgement against me, if I answered their requests for admission incompletely?
Michael's answer
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Answered on July 12, 2013
Sounds like something you can fight. Failing to answer would be clear cut, but if they did not like your responses, they are typically supposed to...
Archived
Filed chapter 7 in 2009 months after that filed lawsuit against drug company of medicine I took in dec2007 and 2008
Michael's answer
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Answered on July 12, 2013
Generally speaking, anything you had the right to sue on at the time you filed your bankruptcy should have been listed on the paperwork. The key...
Archived
How do I remove a judgement off of title?
Michael's answer
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Answered on June 11, 2013
Midland Funding is a buyer of other company's debts: usually a credit card debt. The good news is that they paid only a portion of the debt amount...
Archived
In chapter 13; if we would sell our house before our bankruptcy is finished, what happens to the monies we might get for it?
Michael's answer
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Answered on May 10, 2013
When your Chapter 13 Plan was confirmed, it more or less established a contract for payments to your creditors that took into account the value of...
Archived
Currently in Ch.13 and thinking of converting to Ch.7
Michael's answer
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Answered on May 10, 2013
Once you convert your case, the car reverts from being paid through the Ch. 13 Plan to the original contract. The finance company will generally go...
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