Archived
In filing a Chapter 13 bankruptcy is there any calculation of equity from assets as there is in a Chapter 7 filing?
Cecelia's answer
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Answered on July 17, 2014
Generally speaking, it is always better to file Chapter 7 if you qualify, and absent certain circumstances, one of which could be a lot of...
Archived
Chapeter 7 bankruptcy. Secure car loan has been converted to non-secure loan due to title issues.
Cecelia's answer
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Answered on July 16, 2014
The debt is already listed in your bankruptcy; if you amend schedules to change it to unsecured you'll be charged an additional $35. WHY was the...
Archived
Is there a statue of limitations on my 2nd mortgage after a chapt 7 discharge?
Cecelia's answer
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Answered on July 16, 2014
I agree with my learned colleagues: if there is sufficient equity to secure your (consensual, remember) loan on your residence, the SOL doesn't...
Just finished my 341 meeting. I am surrendering my vehicle to the finance company. Last week creditor filed to lift automatic
Cecelia's answer
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Answered on July 16, 2014
Is your attorney charging you hourly, because he/she may know where & how the car should be returned. It sounds as if the Order for Relief hasn't...
Archived
Bankruptsy in 11/2008 after closing my restaurant. Chapter 7. My house was included. How many years is my house protected?
Cecelia's answer
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Answered on July 15, 2014
If IRS has a tax lien (check both El Paso county and the Secretary of State for lien recordings) they could take your house. They don't want it. ...
Archived
I filed chapter 7 wanted car and home. After all said and done a year later I called for payoff to sell and was inform I lost it
Cecelia's answer
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Answered on July 15, 2014
Were you behind on your mortgage payments when you filed? Did you make payments during and/or after your BR case? How could you have lost your...
Archived
Need to file BK7, but have ZERO income, is there a waiver for my situation?
Cecelia's answer
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Answered on July 15, 2014
I can't imagine that any part of the future settlement from the auto accident [I hope the drunk at least had insurance, or that you had uninsured...
Can I still draw off the principal of a HELOC of an exempt property after filing a chapter 7 bankruptcy?
Cecelia's answer
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Answered on July 11, 2014
I agree with all the other answers (yes you may move, no you cannot draw from the LOC after filing), but I would also caution against your running...
Archived
I am a pro se debtor Ch 7 at this last effort and want to know if it is permitted to submit a brief at the hearing.
Cecelia's answer
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Answered on July 11, 2014
You may certainly file a brief and exhibits at the hearing, assuming it is an evidentiary hearing. I make no comment regarding your chances...
Archived
Under a chap 7 for 2nd mortgage has been discharged do i have to keep paying them. i filed in 2005 and have been paying them
Cecelia's answer
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Answered on July 10, 2014
Unless you signed a reaffirmation agreement in the bankruptcy, your mortgage debts were actually discharged. The lenders still had liens on your...
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