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Can someone, 14 months into their 5-year Chapter 13 plan, sell their Cook County (IL) home and obtain a bankruptcy discharge?
Karen's answer
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Answered on March 01, 2015
Please contact your attorney. The answer will depend upon the results of the means test which determines the commitment period for a chapter 13...
Archived
Proper way to swear in.
Karen's answer
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Answered on February 28, 2015
I am not sure why the swearing in is troubling you. The judges clerk or courtroom deputy does the job. If the witness needs instruction, the...
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Archived
Can I use paid legal services to close real estate deals? And, is it wise to do so? Are they well versed in contract laws?
Karen's answer
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Answered on February 27, 2015
The first step in protecting your investment is to make sure you have wise counsel. There are many experienced realtors and real estate attorneys...
Archived
Can a foreclosure lawsuit be filed against me by the bank who holds my deceased cousins mortgage?
Karen's answer
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Answered on February 21, 2015
If you are not on the mortgage or deed and you are not living at the property, you would not be named as a defendant in a foreclosure. I am sorry...
Archived
Condo Purchased at Auction - Back HOA Fees
Karen's answer
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Answered on February 19, 2015
Section 605(g) (4) of the Illinois condo act contains the six months rule you are referring to. The renting of the unit by the board does not...
Archived
Am I required to list all creditors in Ch 13 bankruptcy or just the ones I want to be bound by the filing?
Karen's answer
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Answered on February 17, 2015
You are required to list all debts. A dismissed lawsuit does not eliminate the debt. If you are able to get your chapter 13 plan approved, the...
Archived
Is the trustee correct and will he likely win, is this our best defense or is there another we should consider, read below.
Karen's answer
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Answered on February 13, 2015
I am sorry your family is tangled up with a trustee. Avoidance actions against insiders such as your wife are complicated and fact intensive. It...
Archived
I just received a letter from my attorney a trial has been scheduled in cook county law division
Karen's answer
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Answered on February 13, 2015
Your attorney should be able to answer these questions for you. Your lawyer is familiar with the case and is best suited to tell you what to...
I make about 63000 a year can I file for chapter 7
Karen's answer
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Answered on February 13, 2015
Please consult with an experienced bankruptcy lawyer. Most bankruptcy lawyers offer free consultations. The question is more than if you meet the...
Archived
Is it correct that the only way federal student loans may be discharged in chapter 7 is if they are 7 years old?
Karen's answer
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Answered on February 12, 2015
There used to be a time period and student loans became dischargeable, The law was changed. There is no time frame. It is nearly impossible to...