What is the process to assuming a residential lease in Chapter 7?

There is nothing else you need to do. Your intention is merely stated on Form 8, and you if you continue paying the lease it will be assumed....

Can original creditor sue for deficiency in AZ after voluntary repo? Do I get credit for the re-sale amount?

The UCC requires very specific procedures for secured creditors to obtain a deficiency. Even though the repossession was voluntary it does not...

First mortgage holder has filed for relief from automatic stay asserting there is no equity in the house. How can I challenge?

In an individual Chapter 7 the Trustee would be the one to pursue any preference action on behalf of the estate. If the Trustee believes there is...

Do you need to protect any more than current equity for a margin of safety in a Ch 7 bk?

You might want a little padding. If you are concerned about having excess equity you may consider having an appraisal or broker price opinion done...

After filing ch 7 bankruptcy, I have now accepted a new job@140k a year&when I filed made 72k. Do I need to file an amendment

I agree with the prior answer for the most part. There might, however, be an issue if you had this job lined up and knew that your income would be...

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This is not a legal question, but self-plagiarism is often prohibited in academic settings. We dealt with this issue a lot in law school in the...

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Just rec'd a bankruptcy advertisement saying it can eliminate my home equity line of credit for $1k. Is this lawyer talking ch.7

Although you cannot lien strip in a Chapter 7, some lawyers are advertising in a way that makes it appear like they will eliminate the HELOC via...

A judgement was entered for a credit card debt.

When the creditor begins the garnishment process they will first serve a Writ of Garnishment on your employer along with some other required...

How should we Hold Title to a new 2nd home/vacation home in the U.S.. We live in Canada and are Canadians. We winter in Arizona

This is somewhat of a complicated question because there are several ways you can proceed. Instead of telling all the ways to proceed, I will tell...

Is this illegal

It depends on the terms of the agreement you signed and other circumstances surrounding the landlord's decision not to deliver possession, but you...