Questions answered by Donald David Knuckey Jr.

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After you have signed papers auto loan papers, can the lender change their minds?

Donald's answer | Answered on April 09, 2012

I doubt anythign will happen as long as you keep making your payments. The bank likely will not do anything because it could lead to losing...

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I was sued for nonpayment of a credit card debt - is my credit already ruined or would setting up a repayment schedule help?

Donald's answer | Answered on April 05, 2012

I agree with your attorney. You likely have poor credit and filing for bankruptcy will likely not have a major effect. You can always get a credit...

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Can banks keep report chargeoff after the BK is discharged

Donald's answer | Answered on March 23, 2012

I would contact the bank and request that chargeoff be removed from your credit report. If the bank asks why tell them that you believe that it is...

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Which is better to guarantee repayment of a personal loan to a family member a promissory note or a personal guarantee

Donald's answer | Answered on March 22, 2012

Both loans would have to be discharged in a bankruptcy unless it was secured with property like a house or a car. If you file a bankruptcy the law...

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We filed chap 7 almost 4 yrs ago and never reaffirmed our mortgage. Never defalted on payments now we want to sell, can we?

Donald's answer | Answered on March 16, 2012

If you sell the house and there is money left over you should be able to keep it. Make sure you sell it for a high enough price so you can cover...

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How can i convince My financing company to release my vehicle to some one else because i don't have a license to drive out(ch.13

Donald's answer | Answered on March 15, 2012

I agree with the other answer. You neeed to be present so the auction can give YOU the vehicle. After it is released it does not matter to them who...

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I have a judgment order from Circuit Ct I am trying to collect on and the Defendants filed bankruptcy so they don't have to pay.

Donald's answer | Answered on February 28, 2012

I agree with the other attorneys with needing to obtain an attorney for a complex matter like this. I disagree with this situation sounding like...

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Chapter 7 last year. I surrendered a commercial property. Now I was just served with a summons. Can they sue me? seek atty fees?

Donald's answer | Answered on February 10, 2012

I agree that you should contact your bankruptcy attorney and make sure it is only a foreclosure action. Even though you filed bankruptcy in Federal...

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In 2005, I filed bankruptcy.

Donald's answer | Answered on February 10, 2012

I agree with the above attorneys that one option is to arrange payments with the debtors. Since you said that you make decent money I feel that a...

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Chapter 13 question in Illinois

Donald's answer | Answered on February 08, 2012

The goal of the chapter 13 plan is for it to be affordable to the debtor because if it was not then no one would be filing 13s. The biggest problem...

Donald David Knuckey Jr.'s Answers (53)

After you have signed papers auto loan papers, can the lender change their minds?

I was sued for nonpayment of a credit card debt - is my credit already ruined or would setting up a repayment schedule help?

Can banks keep report chargeoff after the BK is discharged

Which is better to guarantee repayment of a personal loan to a family member a promissory note or a personal guarantee

We filed chap 7 almost 4 yrs ago and never reaffirmed our mortgage. Never defalted on payments now we want to sell, can we?

How can i convince My financing company to release my vehicle to some one else because i don't have a license to drive out(ch.13

I have a judgment order from Circuit Ct I am trying to collect on and the Defendants filed bankruptcy so they don't have to pay.

Chapter 7 last year. I surrendered a commercial property. Now I was just served with a summons. Can they sue me? seek atty fees?

In 2005, I filed bankruptcy.

Chapter 13 question in Illinois