How is a Variable 7 year Annuity treated in a Ca. Chap. 7 BK filing ? Buy with loan from Ins. policy. Is this permissible ?

You need to take a copy of the policy and see a local attorney who can look over its terms. You can find an attorney on this board.This not a...

Mortgage collection after chapter 13 discharge without reaffirmation

You do not reaffirm debts in a Ch 13. If you received a discharge in that 13, meaning you made up any existing arrearage at that time, then you...

Executory Contract not assumed in Chapter 11 Bankrupcty

If you want to be paid, you need to be hired by the bankruptcy estate. That contract must be approved by the Court. Contact the attorney who filed...

Utah Corporation dissolved in 2007 (never reactivated), can it now file suit, through attorney, to collect on defaulted notes?

When a company dissolves, it no longer exists as an entity. Therefore, it cannot file suits, collect debts, etc. You need to speak to a corporate...

Is there a standard of practice or law that states that once bk13 is filed mortgage payments should applied to the latest month

When you file a Ch 13, any arrearages go into the plan. Then you start making payments for the month following the month you file. As long as you...

If you owe money to BofA, they can take funds out of your account to off set those amounts. This usually does include credit card debt, amounts not...

If i took money out of my IRA within the past 6 months and im filing bankruptcy, do i need to use that as income

The withdrawal from the IRA would not be income for the means test, but it should be disclosed on your papers. You should also prepare an...

Ask your attorney. Most jurisdictions have a threshold amount below which you do not need court approval. Above that amount, you will need the...

Should I file for bankruptcy, or wait to see what the outcome of the inevitable court hearing is?

If the biggest problem you have is the fear of getting a judgment against you, then file now and be done with it. See a good bankruptcy attorney in...

What motion should I file to to extend my bankruptcy by 30 more days, I need that time to pay of undischargeable debts..chptr 7

I am not aware of any such available motion. Once the discharge is granted, the non-dischargeable debts remain and can be paid then. There is no...