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If I file individually for a Chapter 13 bankruptcy but include his wages and our combined debt will he still be "covered"?
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Answered on February 01, 2016
Thank you for the question. Arizona is a community property state and this extends to debts as well. Specifically, any debt incurred while you were...
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W4
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Answered on February 01, 2016
Thank you for the question. Unfortunately, we cannot tell you if the additional expenses may be treated as a deduction without knowing what those...
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Innocent spouse relief
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Answered on February 01, 2016
Thank you for the question. The appropriate method is to fill out and submit a Form 8857. Please be aware that such claims are not easily done and...
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Is that legal since BK was discharged and the judgment was included in the BK?
What do i do to remove that lien on my property
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Answered on February 01, 2016
Thank you for the question. As noted, a chapter 7 bankruptcy discharge does not automatically remove a lien. More specifically, you typically are...
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Do I have to continue to pay my car when I cant drive it and it need to be repaired?
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Answered on January 28, 2016
If you cease car payments, then the lender has the right to repossess the vehicle. If they do reposses the vehicle, then they will likely attempt...
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If I make the payments on the car and get it current, do I have grounds to go get the car as co-owner of the debt?
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Answered on January 23, 2016
Unfortunately, as stated previously, the vehicle is your ex-spouse's vehicle. Creditors typically will not "respect" a divorce decree which divides...
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I rented it out my house, can I still keep it in a chapter 7 bankruptcy? It is my only residence and rented it to save it.
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Answered on January 22, 2016
The home may or may not be protected in the filing depending on the equity that you have in the property. Arizona provides an exemption of...
Can the credit union legally hold my title or do they need to release it? How can I tell if they put a lien on it or can they?
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Answered on January 20, 2016
As stated by Mr. Bain, you likely signed a "cross collaterization" clause which would allow the credit union to treat a property as collateral for...
My car was repossessed and I'm filing Chapter 13. How does the stay work and how do I get my car back?
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Answered on January 18, 2016
The Chapter 13 filing is a method to get your car back and structure your payments to allow a repayment plan that you can afford. There are two...
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Capital gain taxes on property
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Answered on January 14, 2016
As previously stated, the transfer of the property may done via a quit claim deed. However, there are greater implications as to the gift tax and...