Can a Credit Union hold a title to a car that has been paid off if another loan is being part of a bankruptcy?
Rand's answer
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Answered on January 18, 2011
It sounds like your personal loan was cross-collateralized by the vehicle. This is a common protective mechanism put into place by most Credit...
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I live in Texas and filed chapter 7 two years ago. I didn't reaffirm my mortgage. If I let it go now will it hit my credit?
Rand's answer
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Answered on January 18, 2011
If you did not reaffirm your mortgage when you filed for and received a chapter 7 discharge two years ago, then your credit report should should...
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How much questions can bankruptcy creditor ask debtor's attorney?
Rand's answer
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Answered on January 18, 2011
You are legally able to contact the debtor's attorney as much as you like, within reason of course. However, he or she may not have anything novel...
Archived
The company I bought my home from declared bankruptcy. What does that mean for me?
Rand's answer
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Answered on January 15, 2011
You will probably want a bankruptcy attorney to review whatever notice you received just to make sure nothing out of the ordinary is going on, but...
Archived
Is there a chapter 7 bankruptcy time frame?
Rand's answer
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Answered on January 15, 2011
The average successful chapter 7 bankruptcy case takes roughly 90 days from filing to discharge. The time it takes it takes to prepare a filing...
Archived
I am in the middle of Chapter 7 Bankruptcy and have agreed to surrender my house. I received a motion for relief from the
Rand's answer
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Answered on January 14, 2011
Without knowing more details of your case or seeing the Motion itself, it is not possible to answer your question with certainly. However, it is...
Archived
Do I need to obtain a lawyer in the state where I am listed as a personal guarantee attached to a debt, or the state I live in?
Rand's answer
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Answered on January 14, 2011
Unless he committed some type of fraud related to the business loan and this is brought to the attention of the bankruptcy court, it is likely your...
Archived
Will i qualify for chapter 7?
Rand's answer
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Answered on January 12, 2011
If you are asking whether or not the income you receive from the deed-in-lieu-of-foreclosure will hurt your chances of qualifying for chapter 7...
Archived
Why would my Attorney want money?
Rand's answer
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Answered on January 12, 2011
Your fee agreement, if you have an executed copy, is your best friend here. The agreement controls both your and the Attorney's rights. If you feel...
Archived
I am in the Central District of CA. I am filing a Motion to Reopen a chapter 7 case due to failure to file properly the OF 23.
Rand's answer
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Answered on January 12, 2011
Ordinarily, this is the type of motion which requires notice to be served on all creditors. However, you will want to consult the Local Rules for...
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