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Just got divorced. My wife got assigned the house and is supposed to refi. Am going chapter 7. How do I deal w/ this? Joint debt
Hamid's answer
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Answered on May 04, 2011
There are a number of potential issues at play here. As noted above, you will be able to discharge your liability to the creditors in a Chapter 7...
Archived
In Arizona, if I default on my mortgage will I have to file for bankruptcy?
Hamid's answer
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Answered on February 04, 2011
In Arizona if your loans were purchase money, which it sounds like they were, and your home is situated on 2.5 acres or less and is a single-family...
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I will be interviewing a BK attorney this next week in Phx. AZ.
Hamid's answer
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Answered on February 04, 2011
Trustees in Arizona will generally request 6 months of bank statements and the bank statement for the month in which your case was filed.
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Foreclosure on Rental Property?
Hamid's answer
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Answered on January 27, 2011
In Arizona it does not matter who occupies the house or whether it was a primary residence or rental property to be covered by the anti-deficiency...
Do I have to show proof of auto insurance on a vehicle in a chapter 7?
Hamid's answer
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Answered on January 27, 2011
The prior answer is correct. In Arizona you would generally only need to show proof of insurance to the creditor directly in a case where you are...
Archived
What can you do to make sure someone has really filed bankruptcy and collect a debt if they have not?
Hamid's answer
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Answered on January 21, 2011
You can pull any Bankruptcy Case up on PACER ("Public Access to Court Electronic Records"). You will need to register and be aware that there is a...
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I filled for bankruptcy on Jan 5, 2011 at that time I owe income taxes of $1997.00 for the year 2007 I was told that they could
Hamid's answer
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Answered on January 21, 2011
While you need to consult with your Bankruptcy attorney for a thorough analysis, from the facts you provide it does not appear like your taxes will...
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If I file for bankrupcy after a divorce can the creditors go after the ex for payment if account has both our names on it?
Hamid's answer
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Answered on January 20, 2011
I agree for the most part with the prior two answers. However, it is not entirely true that all debts you incur to your former spouse in the...
Archived
Arizona anti deficiency law. (Foreclosure)
Hamid's answer
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Answered on January 16, 2011
You likely are protected, but should seek a formal legal opinion based on a complete analysis of your situation.
You are correct that in...
Archived
How do we get our name taken off as creditors in bankruptcy?
Hamid's answer
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Answered on January 09, 2011
There is no way that I know of to get your name off the creditor list. As the prior attorneys noted, when a person files for Bankruptcy they must...
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