Questions answered by Diane L Drain

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Should i file bankruptcy or is there another way? I can not ever pay what i owe in credit cards

Diane's answer | Answered on August 13, 2016

No one should tell you whether or not to file bankruptcy. Based on your question is appears you are "judgment proof", but I would want more...

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Will I be sued for a defitioncy in mississippi where my home is or arizona where I reside.I don't want to lose my small 401k

Diane's answer | Answered on August 13, 2016

Since you live in Arizona you have certain property that is protected - this is called exempt property (each state has a different list). Your...

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In Arizona, how long does it take after the Chapter 7 case is filed to get the Meeting of Creditors?

Diane's answer | Answered on August 13, 2016

You should realize that this question is just one of many you will or should have before filing bankruptcy. It is very important you work with an...

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I filed chapter 7 on -12-03-2008 do u have to wait until the exact date of 12-03-2016 to file again.

Diane's answer | Answered on August 13, 2016

Please understand that this is just the first a hundreds of questions you will or should have. I agree with the earlier answer - wait AT LEAST...

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How much will I owe the Trustee if I file bankruptcy a week after pay day?

Diane's answer | Answered on August 12, 2016

Typically 25% of your net wages owing at the time of filing the bankruptcy. Please understand that bankruptcy has many moving pieces and it is...

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Is bankruptcy and social security federal areas of law

Diane's answer | Answered on July 29, 2016

The Internet offers the opportunity for those who are not licensed or experienced in areas of law to promote their "expertise". Do not not hire...

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Do I have to sign a reaffirmation letter for my mortgage company to report my good standings to my credit bureau??

Diane's answer | Answered on July 29, 2016

Our Arizona bankruptcy judges do not sign reaffirmation agreements. Your attorney can if they would like to. There is a deadline of 60 days after...

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Do I need to file a motion to re-open a closed/discharged chapter 7 no asset bankruptcy case to include a creditor.

Diane's answer | Answered on July 20, 2016

I agree with my fellow attorneys - In re Beezley will protect you so long as yours was a no-asset bankruptcy. As to the judgments - you need to...

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I have a high car payment and am having trouble making my payments. If I let the car go back what can the bank do.

Diane's answer | Answered on June 30, 2016

I have to disagree with Mr. Morris. Under federal law this type of creditor may not garnish social security funds. They may harass you by calling...

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What can I use as a physical address on my bk petition?

Diane's answer | Answered on June 27, 2016

You must use an address where the Bankruptcy Court, the Bankruptcy Trustee and your creditors can contact you. Do not file bankruptcy without...

Diane L Drain's Answers (1712)

Should i file bankruptcy or is there another way? I can not ever pay what i owe in credit cards

Will I be sued for a defitioncy in mississippi where my home is or arizona where I reside.I don't want to lose my small 401k

In Arizona, how long does it take after the Chapter 7 case is filed to get the Meeting of Creditors?

I filed chapter 7 on -12-03-2008 do u have to wait until the exact date of 12-03-2016 to file again.

How much will I owe the Trustee if I file bankruptcy a week after pay day?

Is bankruptcy and social security federal areas of law

Do I have to sign a reaffirmation letter for my mortgage company to report my good standings to my credit bureau??

Do I need to file a motion to re-open a closed/discharged chapter 7 no asset bankruptcy case to include a creditor.

I have a high car payment and am having trouble making my payments. If I let the car go back what can the bank do.

What can I use as a physical address on my bk petition?