In ch 7 Bankruptcy, the only property I have is my house which is exempt. so is my case asset or no asset case?

It really depends on any other assets you own. For instance, how much equity do you have in a motor vehicle? Any other property you own with...

Employer filed Chapter 7. Employees owed payroll.

You'll want to file a Proof of Claim with the Bankruptcy Court. Wages owed to employees are given Priority status and are generally paid before...

If renters who broke lease file chapter 7, what are my options if any?

You will be best served by attempting to collect on this debt before they file Bankruptcy. Once a Bankruptcy is filed, the Automatic Stay...

Bankruptcy trustee/court approved confirmation at confirmation hearing today in Trenton, NJ.

Here in Colorado, and in most states, the Bankruptcy debtor (through his/her lawyer) submits the Motion to Confirm and a proposed Order. Ask a...

Filed bankruptcy, trustee liquidated my interest in bus. partnership. Sold to my partner, Will I receive K1 with loss of inv?

Yes.

Withdrew from Chapter 13, after a court date was set with trustee on back tax refund issue Do we have to attend hearing ?

The right to convert your Chapter 13 case to Chapter 7 (assuming you pass the Means Test) is automatic and the order will immediately enter, so the...

We filed ch 13 banruptcy and we agreed to surrender our home at the end through the trustee. Can the bank cont to go after us ?

Assuming the bank was property listed as a creditor, any personal liability for a deficiency on the mortgage will be discharged in the...

Questions about Chapter 13 Bankruptcy and loans and liens on the property after filing

If the home is "upside down" with respect to the first mortgage only, Section 506 of the Bankruptcy Code deems any junior liens to be unsecured,...

What can I do-- I owe HOA fees after filing Ch.7 in Florida.

Unfortunately, post-petition HOA dues are given "super priority" status in the Bankruptcy Code. You're on the hook for any post-petition HOA dues...

You'll want to speak with a CAL Bankruptcy attorney as to whether the lender's actions are actionable since you always have been current on monthly...