Archived
Is it legal to use retirement funds to buy a more affordable Florida home prior to foreclosure of exisitng Florida home
Adam's answer
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Answered on November 14, 2010
Hello,
This type of pre-bankruptcy planning may be possible, but it is the type of planning that can be fraught with peril if not done properly....
Archived
Would it be a bad idea to rent a home now before a discharged bankruptcy?
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Answered on November 13, 2010
Hello,
It is highly unlikely that any creditors will make hay if you find a place to rent prior to your case being discharged. A reasonable...
Archived
Will my father's home, used as collateral for my business loan (closed 2004), be lost if I declare bankruptcy?
Adam's answer
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Answered on November 13, 2010
Unfortunately, you can only use bankruptcy to discharge the loan if the property is surrendered. When filing bankruptcy, if someone wishes to keep...
Archived
Is Social Security Disability Income counted as income in Ch7 Bankruptcy?
Adam's answer
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Answered on November 13, 2010
Hello,
If you are living strictly on Social Security, it is likely that you can find someone to help you, or represent you for free by googling...
Archived
My mortgage payment is included in chapter 13. I may need to sell house and move for my job. Is this allowed?
Adam's answer
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Answered on November 13, 2010
Hello,
Depending on your jurisdiction, you will likely have to file a motion to sell the property. The trustee could object depending on what...
Archived
What happens if I filed bankruptcy and credit card debt was eliminated and my ex was suppose to pay that debt?
Adam's answer
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Answered on November 12, 2010
Hello,
This is more a question of family than bankruptcy.
Unfortunately, creditors do not care about your divorce decree. If you were solely...
Archived
Received citation today (11/11/2010) from law firm suing a closed (out of business) company on behalf of their client.
Adam's answer
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Answered on November 12, 2010
Hello,
There is some important information missing from your question that makes it hard to answer. Are you the owner of the company? Was the...
Archived
We donot have a bank account can the do anything with texas muniple retirement or wages
Adam's answer
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Answered on November 12, 2010
Hello,
You leave out some important information--have you been sued? Is there a judgment against you? Who is "they"?
With some rare...
Archived
My husband is retired and I work seasonally.
Adam's answer
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Answered on November 11, 2010
Hello,
An attorney would need a lot more information from you to help you determine whether bankruptcy makes sense for you. People actually do...
Archived
If I am paying medical bills regularly, but they are asking for higher payments, can they still send me to a collection agency?
Adam's answer
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Answered on November 11, 2010
Hello,
Unfortunately, a creditor can send you to a collection agency if you are delinquent. It often does not make sense for them to do that if...
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