Archived
What are your options if a chapter 13 bankruptcy is dimissed by the court for non payment to the trustee
Peter's answer
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Answered on August 04, 2016
It would be important to know why you filed Chapter 13 instead of Chapter 7. Did your original attorney have a good reason for filing Chapter 13...
Can I scrap my car if I'm on chapter 13 bankruptcy?
Peter's answer
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Answered on July 30, 2016
It sounds like what you are saying is that the car is paid off and that you want to junk it before filing Chapter 13. The answer is yes, you can...
Archived
If a customer wants to purchase after filing Chapter 7 what options do we have?
Peter's answer
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Answered on July 14, 2016
If the customer has a past due balance with you, I would suggest that you could ask the customer to 'reaffirm' the existing debt in the bankruptcy...
Archived
Bankruptcy, chapter 13
Peter's answer
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Answered on July 13, 2016
The Chapter 13 will stay on your credit for 7 years from the date of filing. Your home would not be sold in a Chapter 13 unless you desire to sell...
Archived
Can a lender still report to credit bureaus on a loan that was released on a short sale?
Peter's answer
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Answered on July 05, 2016
After a short sale, the lender can report to credit bureaus that the loan is "paid for less than full balance." In your case it is clear that the...
I purchased a property at sheriff sale for the second mortgage...
Peter's answer
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Answered on June 29, 2016
Sorry to hear about this. It sounds like you bought the property subject to the first lien. There is no easy solution to the problem. However,...
How to change the name on a property deed
Peter's answer
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Answered on June 28, 2016
I'm going to answer your question with a question. Why do you want to transfer the property into your name? If your purpose is to sell the...
How do I transfer a property from one legal entity to another?
Peter's answer
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Answered on June 12, 2016
If you processed it on your own, you could easily make an error that would make the transfer void. So I would suggest having an attorney handle...
Archived
What happens to my father's debt if he passes away? He has a home w/mortgage he wants to pass down to me.
Peter's answer
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Answered on June 05, 2016
I would suggest that you look at options for the house to bypass probate and pass automatically to you upon your father's death. There is more...
Archived
Buyer backed out of home closing day of closing
Peter's answer
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Answered on June 01, 2016
This would typically depend on whether the financing contingency had expired before the buyer cancelled. If it did expire, buyer would be in...
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