Can the trustee amend the percetage you owe to creditors? I'm in the final year of my 5 year plan.
In our district, must Plans are minimum percentage "pot" plans, meaning that you pay a certain amount per month for a fixed number of years. In...
Chicago, IL
Bankruptcy and debt Lawyer at Chicago, IL
Practice Areas: Bankruptcy & Debt, Real Estate ... +2 more
In our district, must Plans are minimum percentage "pot" plans, meaning that you pay a certain amount per month for a fixed number of years. In...
Since the mortgage debt was discharged, there should be no change to the reporting with a foreclosure. Depending on your future plans, you might...
A good real estate broker might help you maximize the value of that asset. Some brokers, in my experience, will make a deal with you on the...
You can put her on the deed via quitclaim, but you would probably first need your lender's consent. But, this will not improve your fiancé's...
We tend to advise clients to use bankruptcy as a last resort. If the maintenance fees are your only credit issue, it is unlikely that bankruptcy...
This sounds like a strategy that can work. If paying less than 100% to your unsecured creditors, you may run into an objection from the trustee on...
Good question. If the bankruptcy trustee filed a no-asset report, then yes, you are free to sell any of your assets, including this property. You...
The bank can proceed with the foreclosure case and force the sale of the property. The lease will be terminated and the tenant can be evicted or...
Your wife may have a difficult case, if she received the funds directly from the mother in law. Whether the mother in law's debts were paid or...
If the mortgage has not been paid in 2 years, the property should already be in foreclosure. If it is not in foreclosure, the property must have...