Archived
I live in Colorado and filed chap 13 june 2009, I have a car that is not part of the chapter 13 payment
Daniel's answer
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Answered on February 26, 2010
You can always surrender a car when you no longer are able to make the payments. The question is if there is a deficiency can you discharge that...
Archived
Why am I still paying insurance on something I don't have ?
Daniel's answer
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Answered on February 26, 2010
In the current market lenders often are moving very slow to foreclose. Until the foreclosure sale takes place the home still belongs to you. That...
Archived
Is it true when you file a chapter7 there not going to ask you for the recent pay stub?
Daniel's answer
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Answered on February 26, 2010
The lawyer is correct. In a Chapter 7 we take a snapshot of the debtor's situtation on the day she files. For purposes of the Means Test we look...
Archived
If i let a rental property loan go back to the bank, what would happen? is there a kind of bankruptacy i can declare?
Daniel's answer
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Answered on February 26, 2010
I see this was posted a year ago, but no one ever answered it. Yes, you can discharge your debt on the rental property in a Chapter 7. Whether...
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