Chicago, IL
Chapter 7 bankruptcy Lawyer at Chicago, IL
Practice Areas: Chapter 7 Bankruptcy, Chapter 13 Bankruptcy, Bankruptcy & Debt
Once you make your last payment, the trustee will audit your file to make sure all the payments have been processed. You will need to complete...
A redemption is where you would pay a lump sum to buy the car for fair market value. Any remaining amounts owed above that are discharged in the...
The car will still be in your name, and the bank maintains your lien. You and the cosigner are both still the owners, but only the cosigner will...
Bankruptcy Rule 4001(a)(3) provides for the effective date of such an order to go into effect after 14 days. Please note that the creditors also...
There is no time line for when you must convert to chapter 7, as long as the chapter 13 case is still open, you can convert any time if you are...
If you file for bankruptcy, the lender is likely to object for recent usage. I usually advise clients to make minimum payments on the account, to...
if the co-signer on the loan qualifies for chapter 13, they can definitely file to get the car back. The issue is if they can file soon enough. ...
The thing you need to watch for is if you had signed any personal guarantees for the debts. If you have, they would remain your responsibility. ...
If your income has decreased to the point that you would pass the chapter 7 means test, and you have no disposable monthly income left after paying...
You need permission from the court and trustee in your case to sell off assets. You need to bring a motion to sell. If this is your only vehicle,...
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