Archived
Personal bankruptcy (~2005) before law changed. What is the amount of time needed before it can be removed from credit reports
Matthew's answer
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Answered on March 14, 2013
It was 10 year prior to 2005 as well. The law in question is not the bankruptcy code, it is FCRA (Fair Credit Reporting Act). The 10 year provision...
Archived
Can i ask for dismissal
Matthew's answer
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Answered on March 14, 2013
You "can" ask for dismissal. However, the debtor does not have the power, as a matter or right, to dismiss the case. You would need some legal...
Archived
Can I file bankruptcy if my husband has equity for more than 400K?
Matthew's answer
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Answered on March 14, 2013
Bad news, CA is a community property state. So, since the property was bought during marriage, there is at least some risk that even with your...
Archived
If i walk away from my home what happens to myself and my credit?
Matthew's answer
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Answered on March 14, 2013
You need to review your chapter 13 plan with an attorney. Did you cure mortgage arrears in the plan. Reason I ask is because a chapter 13...
Archived
Parent got judgment from non-custodial parent for his portion of unpaid medical bills. Now she files Chapter 7. His recourse?
Matthew's answer
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Answered on March 13, 2013
Sorry, but I am not following your question. You need to keep your pronoun designations consistent. You have referenced both Parent A and Parent B...
Archived
How much would you charge for a Chapter 7 bankruptcy in CA?
Matthew's answer
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Answered on March 13, 2013
I tell everyone who asks that question, $10,000 :)
Then I say, but if you want a price for your specific circumstances, then let's talk for...
I cannot afford the payments on my chapter 13 and it has been a year. Can I quit and resume making payments to debtors.
Matthew's answer
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Answered on March 13, 2013
Get with an attorney and review your options. As stated, other options are available such as modifying the plan to reduce your payment. The LAST...
Archived
There is a foreclosure on the market, but there are currently renters. I want to know what my rights would be if I purchased.
Matthew's answer
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Answered on March 13, 2013
To clarify, is the property a REO, or would you actually try to pick it up at the foreclosure auction.
You have pretty much figured it out, the...
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Archived
I just bought a commercial foreclosure property at auction in CA.
Matthew's answer
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Answered on March 13, 2013
When you buy at foreclosure auction, you buy "as is." Sorry.
Previous owner is correct, as a general rule, the property is your problem now. If...
Archived
I file a lis pendens on my house that was in pre foreclosure in Nov 2012. I did not record this with the county. What now?
Matthew's answer
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Answered on March 13, 2013
Concur, it is too late. Or, as stated, it won't make any difference. You have no ownership interest in the house. Moreover, if you file a lis...
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