Archived
I filed a bankruptcy, Bank of America sent me a modication for a lower amount owed. What happens to the other money owed.
Gary's answer
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Answered on January 19, 2013
If lenders reduce the principal balance of a loan, that reduction might be reportable to the IRS on Form 1099-C as income to the borrower.
That...
Archived
My husband and I filed Chapter 7 Bankruptcy in 2005, when can we file again?
Gary's answer
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Answered on January 19, 2013
See the hyperlink, in blue, below on filing a second bankruptcy.
Archived
Can writ to vacate be done if chapter 13 filed
Gary's answer
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Answered on January 19, 2013
From your recital of facts, it seems you are talking about vacating rental premises.
That would be nearly impossible to achieve, even in a...
Archived
Can a foreign corp recieve a sister state judgement without registering with the Ca secretary of state. Is the judgement valid?
Gary's answer
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Answered on January 19, 2013
You wrote, "Can a foreign corp recieve a sister state judgement without registering with the Ca secretary of state. Is the judgement valid?
“The...
Archived
Filed for bankruptcy Chapter 7, payday lender still submitted check a week later... did they violated the automatic stay?
Gary's answer
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Answered on January 19, 2013
In the Eastern District of MO, where I practice law, the action of the payday lender would have been perfectly legal under a bankruptcy appellate...
Archived
Can my HOA collection agency charge these outrageous fees even though I had been paying them?
Gary's answer
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Answered on January 19, 2013
The basic rights of the homeowners association (HOA) Board arise from either a contract or a covenant that runs with the land. You either signed...
Archived
CA-Chp 7 bankruptcy-Do I have to use my wife's income on the means test? We are married but have not lived together for 2 yrs
Gary's answer
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Answered on January 19, 2013
The form is B-22A,
Here is the qualifying language/checkbox on the form:
Part II. CALCULATION OF MONTHLY INCOME FOR § 707(b)(7) EXCLUSION
2....
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Archived
Can my family sue my ex husband for $80,000 loan that was documented by a laywer?
Gary's answer
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Answered on January 18, 2013
You wrote, "Can my family sue my ex husband for $80,000 loan that was documented by a laywer? ...After our divorce we sold the home and my grandma...
Archived
Can wages continue to be garnished if the debt is paid back but time remains?
Gary's answer
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Answered on January 18, 2013
There is something to be said for asking this question to your employer and suggesting they check with the judgment Creditor's attorney to help...
Trustee dismissed my Chapter 13 without notice.
Gary's answer
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Answered on January 18, 2013
You wrote, "Trustee dismissed my Chapter 13 without notice. ... We had ZERO contact from the trustee nor the law firm about the dismissal or the...
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