Archived
Can union collect overpaymet on pension from 1/1/82 to present, $14k and interest $15k total over $29k fr my 81 yr old father?
Karen's answer
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Answered on June 03, 2013
I am so sorry that your family must deal with this difficult situation. Generally when there is an overpayment, the creditor is entitled to...
Archived
Is the average current income figured on Schedule I based on a yearly average or the 6 month average like on the means test?
Karen's answer
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Answered on June 03, 2013
I admit the various types of information required for bankruptcy cases can be confusing. The information for the means test is not the same as...
Archived
Can I keep my car if I file chapter 7. I am current on payments.
Karen's answer
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Answered on June 03, 2013
If you file a chapter 7 case and want to keep the vehicle you must reaffirm the debt. Some car lenders will repossess a vehicle if the debt is not...
Archived
My Illinois, incorporated business closed 4/2012. Am I responsible for unpaid sales & employ taxes? Only income is my widows SS.
Karen's answer
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Answered on June 03, 2013
Please contact an attorney for proper guidance. Generally a business owner is liable for employment taxes. There are ways to deal with the...
Archived
My fiance and I are getting ready to file Chapter 7. Do payday loan and unsecured loan companies usually object to a bankruptcy?
Karen's answer
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Answered on June 02, 2013
In the vast majority of cases creditors do not object to a chapter 7 case. The creditors have the right to file a complaint if the debt cannot be...
Archived
Laws on wage garnishment
Karen's answer
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Answered on May 30, 2013
I have not heard of a state law that would require a creditor to wait 90 days before enforcing a judgment. Unless the court issues a stay, a...
Archived
Is it true that in the state of IL your utilities cannot be shut off if you're in a bankruptcy?
Karen's answer
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Answered on May 29, 2013
Filing a chapter 7 or chapter 13 bankruptcy petition can prevent a shut off of utility service . Filing a chapter 7 or chapter 13 bankruptcy...
Archived
Is it legal for a laon institution in illinois to charge 34% interest on a personal un secured loan of 4500 ????
Karen's answer
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Answered on May 26, 2013
There are no usury laws in Illinois that put a limit on the interest you can be charged. So sad there should be. There could be some issue with...
Archived
I have been told that I make to much money to file a Chapter 7 and I must do a Chapter 13 repayment plan. Is this true?
Karen's answer
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Answered on May 24, 2013
You are subject to means testing. Your ability to file a chapter 7 will be determined by income, family size and expenses. If you file a chapter...
Archived
How can I get more time to cure my default payment in my Chapter 13 Bankruptcy case?
Karen's answer
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Answered on May 20, 2013
You should go to court the day your case is heard and explain your situation to the judge. You should also inquire if your plan can be modified. ...