Archived
WIll the trustee get our tax refund for 2010 if we filed our bankruptcy in October 24, 2011?
Gary's answer
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Answered on November 20, 2011
On October 24, 2011, 81.10% of the tax year was completed. The trustee will likely claim 81.10% of the tax refund as property of the...
Archived
I have two underwater mortgaged properties (primary)-244k and rental income)-100k), both w/2nd mortgages. Recently unemployed.
Gary's answer
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Answered on November 20, 2011
Mortgage cram downs are available on residential property; to the best of my knowledge they are not available on investment property.
Archived
I got judgement for my closed company now their lawyer is asking me questions for closed company asset.
Gary's answer
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Answered on November 20, 2011
It almost sounds like they filed an adversary proceeding against you.
Recheck the court docket to see if they filed such a proceeding; also look...
Archived
Do i need to file bankrupt against Social Security Disability? Are there any attorneys that help with "so called overpayments"?
Gary's answer
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Answered on November 19, 2011
Your student loan debt might subject to administrative discharge, outside of Bky.
Archived
May the trustee of a trust represent the trust pro per as an unsecured creditor of a Chapt 13 bankruptcy.or must we hire atty
Gary's answer
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Answered on November 19, 2011
Filing a proof of claim in a Ch 13 does not require an atty.
Archived
If I file Ch 7 Bankruptcy, and am unable to pay divorce settlement property due to theft, how will this be handled?
Gary's answer
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Answered on November 19, 2011
You inquired, "If I file Ch 7 Bankruptcy, and am unable to pay divorce settlement property due to theft, how will this be handled?"
A: It is...
Archived
What is a handling fee for a returned check?
Gary's answer
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Answered on November 19, 2011
There have been treatises written on the legal effect of the placement of a comma in a statute. (Indeed, right now, In Missouri, the governor & the...
Archived
How long after I start missing payments can I file for bankruptcy?
Gary's answer
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Answered on November 19, 2011
I would suggest you consider holding out until you get your tax refund to avoid partial seizure by the Bky trustee.
Archived
House in foreclosure and sheriff sale, second mortgage debt discharged in bankruptcy, if I redeem am I still liable to them?
Gary's answer
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Answered on November 19, 2011
Unless MI has a Phoenix law for foreclosed 2nd liens arising from the ashes of foreclosure by the first lien holder upon debtor redemption, ( which...
Archived
Defaulted on loan and now being served with Rule to Show Cause and Order. Will I go to jail, even if I own nothing?
Gary's answer
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Answered on November 19, 2011
When was the judgment taken against you?
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