Archived
I am 84yrs old and cannot afford to pay the mortgage, maintanance, and further assessments on my condo. Should I file bankrupcy?
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Answered on May 30, 2011
You should consult with a qualified bankruptcy attorney in your area. You may need to file bankruptcy but my guess is that there is a significant...
Archived
I have had a 341 meet scheduled for june 7 th for over a mnth. Yesterday I received a letter that they changed my date to
Thomas's answer
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Answered on May 29, 2011
Because the Court rescheduled your original 341 hearing and you scheduled your trip in reliance on the original scheduling, I think that a Motion...
Archived
How can I find out if this Debt settlement/ Debt Management is legitimate?
Thomas's answer
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Answered on May 29, 2011
I would consult with a bankruptcy attorney as soon as possible. I see countless clients who have had nearly identical experiences with even the...
Archived
Will foreclosure show up on your credit report if it was filed after the debt was discharged in bankruptcy?
Thomas's answer
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Answered on May 28, 2011
It will likely show up on your credit report even if the foreclosure occurs after the debt was discharged. The lien still exists at the close of...
Archived
Do I need a Lawyer for Chap 7? I am low income and owe ~$20K to credit cards (not used in two + years)
Thomas's answer
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Answered on May 26, 2011
Sad to say, but it is almost alway the low income pro se filer that ends up losing wages because the case was filed on the wrong day, or has to...
Archived
Chapter 7 schedule B line 21?
Thomas's answer
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Answered on May 25, 2011
I don't think Schedule B, like 21 would have any bearing on whether you would be able to retain your tax refund.
If you filed in January you...
Archived
We discharged a ch7 bk in May 2009. Our mortgage (and 2nd) were not reaffirmed, but rather put into an 'other' status:
Thomas's answer
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Answered on May 24, 2011
Your understanding is correct. As long as the mortgage lender was properly noticed and you did not sign off on any reaffirmation agreement, you now...
Archived
I have a credit question regarding a short sale or foreclousure.
Thomas's answer
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Answered on May 22, 2011
The potential short sale or foreclosure should not impact your credit score because you are not on the note.
Archived
What is the law that allows tax return exemption?
Thomas's answer
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Answered on May 22, 2011
There is no tax refund exemption in Washington, but there is a large miscellaneous exemption under the federal exemptions (which are available if...
Archived
To file or not to file Chapter 7?
Thomas's answer
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Answered on May 22, 2011
Bankruptcy is more than likely the right course of action because it is the only one which will eliminate your debt to Capital One and give you the...
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