Marital Debt

I could be wrong, but I do not believe that you will be able to find a single creditor who is going to be willing to remove your name from any of...

Marital Debt

I could be wrong, but I do not believe that you will be able to find a single creditor who is going to be willing to remove your name from any of...

Am I responsible for insuring a home that I let go in a bankruptcy and has not yet gone to Trustee sale?

Yes, you are on the hook for the insurance until the actual sale. Hopefully, you are still residing there and can at least think of this payment...

I am filing chapter 7 bankruptcy, I have a whole life insurance policy worth 8,000.00 Can they take that?

It depends on the available exemptions in your state. I practice in both Washington and Oregon. In Oregon, there would likely be no way to protect...

You should include the expense in Schedule J. Schedule J is prospective. It matters only that the expense will exist going forward. There is room...

If we wanted to reaffirm on our mortgage but the company didn't respond, are we responsible for the debt in any capacity?

You have no personal liability on the mortgage.

Ch 7. reaffirm / NOT reaffirm?

Your attorney has given you the same advice that I give the majority of my clients who are really not looking to build equity but to have a...

If I'm on welfare can I file for bankruptcy?

You can absolutely file bankruptcy while on welfare. Depending on the policies of your jurisdiction and the amount of welfare that you are living...

Me and my girlfriend are on a car note she is filing for bankruptcy what happen to the car

If she surrenders the car, you will be the only one on the car. If she reaffirms her obligation with the lender, the car stays and both of your...

Relief from Stay

The lender may now pursue foreclosure but it will not be able to collect on any amount owing against the debtor.