We are 3 years into Ch. 13 and just received a $9k check from my grandfather's estate since he passed away.
Andrew's answer
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Answered on August 28, 2015
The inheritance is property of the bankruptcy estate and must be reported to the Trustee. In some circumstances you may be able to keep some of the...
Archived
Where is my money going for my auto loan????
Andrew's answer
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Answered on August 17, 2015
Car dealerships routinely sell their car loans; this usually happens immediately after you have purchased the automobile. Creditors are not...
Archived
My wife purchase a ring on her credit card but I'm paying the monthly note!
Andrew's answer
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Answered on August 17, 2015
As attorney Hansen stated, California is a community property state and, therefore, any debts incurred by either of you are likely community debts...
Archived
Am I legally obligated to pay under the terms of a promissory note?
Andrew's answer
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Answered on August 17, 2015
You signed a promissory note, you defaulted (and you admit that you defaulted), you legally owe the debt. Whether the debt is collectible depends...
Archived
Living in a new state less than 2 years (Chapter 7 bankruptcy)
Andrew's answer
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Answered on August 17, 2015
Two separate questions. First question relates to exemptions - if a debtor has not resided in the state in which the bankruptcy case is filed for...
Archived
Creditor listed on bankruptcy petition different from the Plaintiff claiming to be creditor in a foreclosure suit. Who decides?
Andrew's answer
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Answered on August 17, 2015
The plaintiff to the post-bankruptcy litigation need not be the same as the pre-petition creditor. However, the plaintiff would still need to prove...
Archived
Using Credit Card before Chapter 7 Bankruptcy/Unsecured Loan Income
Andrew's answer
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Answered on August 17, 2015
In your bankruptcy paperwork you will have to disclose any payments made to a creditor of more than $600 total (regardless of the number of...
Archived
Chapter 7 Bankruptcy Car Question
Andrew's answer
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Answered on August 17, 2015
They put the car in your name... this is a completed gift and you must list the car as your asset in a bankruptcy case. You are not borrowing the...
Archived
History of Filing for Chapter7 Bankruptcy
Andrew's answer
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Answered on August 17, 2015
You must list any and all bankruptcy cases file within the previous 8 years. You must also list any lending cases filed by a spouse, partner or...
Archived
Chapter 7 bankruptcy forms needed to submit in my case?
Andrew's answer
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Answered on August 17, 2015
Every individual must file ALL of the Schedules (A-J, including the Summary of Schedules and Statistical Summary), the Statement of Financial...
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