Archived
If I discharge a mortgage debt in bankruptcy does the Mortgager still have to go through the foreclosure process?
Dwayne's answer
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Answered on August 24, 2013
If you file bankruptcy and list the real estate debt, and indicate that your intent is to surrender the property to the lender as a part of the...
Archived
Ira and bankruptcy
Dwayne's answer
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Answered on August 24, 2013
No, the court is not going to deny your bankruptcy discharge just because you spent your IRA money on things other than paying your credit card...
Archived
How do I determine the FMV of an asset to prove insolvency?
Dwayne's answer
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Answered on August 24, 2013
IF you have legal title or and equitable interest in real estate or personal property, it is an asset regardless of any financial equity, and it...
Archived
In a chapter 7 bk. Will the trustee do anything prior to the meeting as far as collecting? I am doing this pro se.
Dwayne's answer
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Answered on August 24, 2013
Shortly after you file your Chapter 7 proceeding the trustee will usually request information that they need in order to get prepared for the...
Archived
How long does bankruptcy take
Dwayne's answer
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Answered on August 24, 2013
A typical Chapter 7 bankruptcy will take about 5 to 6 months to complete. A Chapter 13 anywhere from 36 to 60 months.
The Automatic Stay goes...
Archived
Is bankruptcy the best option?
Dwayne's answer
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Answered on August 24, 2013
Bankruptcy could be a great option to stop the county tax foreclosure on your home. With a Chapter 13 proceeding you could desingna plan to cure...
Archived
What about charitable contributions and bankruptcy???
Dwayne's answer
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Answered on August 24, 2013
It really depends on who the contribution was given to. If it was given the contribution to a legitimate bona fide charity or church, you will...
Archived
What to do about letter from law firm representing a credit card company stating I have 30 days to make arrangements on full amo
Dwayne's answer
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Answered on August 24, 2013
Can you afford to pay the debt now? Are you employed again. Do you have other sources of income or assets that can be taken if the creditor gets a...
Archived
When can we stop paying out money to our bills under chapter 7 in Wisconsin?
Dwayne's answer
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Answered on August 24, 2013
Once you are certain that you need to file a bankruptcy you must prioritize your spending immediately!
There are some debts that you can delay...
Archived
Should I file Bankruptcy
Dwayne's answer
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Answered on August 24, 2013
First things first. If the judgment goes through you can still discharge the debt in bankruptcy, unless Capital One files a complaint in the...
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