Questions answered by James Portman Webster

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Bankruptcy Adversary Trial Results

James's answer | Answered on April 24, 2012

I have seen it happen both ways. That does not help your anxiety, but it is not set in stone. Jim Webster www.jpwlegal.com 1845 S. Dobson...

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3 years later still own home and foreclosure actions no where in site!

James's answer | Answered on April 24, 2012

If they won't foreclose, I would rent it out to make sure the different expenses of the house. This way at least it the house can take care of...

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Did BofA screw up? Want us to sign a modification again that was signed in July 2010, before our Ch 7, when we gave up the house

James's answer | Answered on April 24, 2012

I am sure you can find a screw up somewhere. The more important question is this: did this mistake change B of A's position? Does it change your...

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My mortgage lender has agreed to give me a forbearance instead of a permanent loan modification. Can I still file chapter 7?

James's answer | Answered on April 24, 2012

There is no way to no the uncertain outcome of filing Chapter 7 while under this agreement with the bank. The bank may say they love it because...

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When filing a claim against my former employer, is all of my unpaid, earned (accrued) vacation entitled to a "priority" status?

James's answer | Answered on April 24, 2012

The best way to resolve this question is to file the POC. Then call the attorney who filed for your employer. They will help you understand...

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What is the difference between chapter 7 and chapter 13 bankruptcy??

James's answer | Answered on April 24, 2012

According to your questions, there are at least two general differences between the chapters: 1. How the debt is discharged. If you file Ch 7,...

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Rules on foreclosure? How long do you have to get out after you thought you were gonna be able to file ch 13 and then could not?

James's answer | Answered on April 24, 2012

I am not licensed in Florida but I know that after foreclosure, the mortgage company can pursue a deficiency on the debt. Given the story you...

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Foreclosures and bankruptcy

James's answer | Answered on April 24, 2012

The language of your question makes it difficult to understand your problem, but it appears you are saying that a foreclosure is on the way. In...

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What happens if a loan is not secured, but should've been by a car title, if a chapter 7 is filed?

James's answer | Answered on April 24, 2012

I have been in this position before. Do not reaffirm the debt and resolve any equity issues that may arise due to the value of the vehicle. You...

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Foreclosure after Chapter 7 BK was discharged in Feb 2012 on a reaffirmed mortgage?

James's answer | Answered on April 24, 2012

You can always withdraw your reaffirmation agreement within sixty days of it being ratified by the court. IF this is possible, withdraw...

James Portman Webster's Answers (1003)

Bankruptcy Adversary Trial Results

3 years later still own home and foreclosure actions no where in site!

Did BofA screw up? Want us to sign a modification again that was signed in July 2010, before our Ch 7, when we gave up the house

My mortgage lender has agreed to give me a forbearance instead of a permanent loan modification. Can I still file chapter 7?

When filing a claim against my former employer, is all of my unpaid, earned (accrued) vacation entitled to a "priority" status?

What is the difference between chapter 7 and chapter 13 bankruptcy??

Rules on foreclosure? How long do you have to get out after you thought you were gonna be able to file ch 13 and then could not?

Foreclosures and bankruptcy

What happens if a loan is not secured, but should've been by a car title, if a chapter 7 is filed?

Foreclosure after Chapter 7 BK was discharged in Feb 2012 on a reaffirmed mortgage?