Archived
I have maxed out several high-limit credit cards due to a custody case. Is there a minimum debt required in order to file bk7?
Kenneth's answer
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Answered on August 10, 2015
Mr. Campbell identifies perhaps the trickiest issue you may face in deciding if bankruptcy is right for you and which chapter to file -- and that...
Archived
Is it possible to file a bankruptcy And have your federal and or private student loans included?
Kenneth's answer
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Answered on August 05, 2015
Possible, yes. Very difficult and expensive, yes. But, sometimes it makes sense if you have a good case. It sounds like you've talked to attorneys...
Archived
Can a Chapter 11 trustee be sued by the debtor?
Kenneth's answer
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Answered on August 05, 2015
Probably, but you definitely need a experienced Chapter 11 attorney that can look everything over. There are probably many subtle issues here and I...
Archived
Will bankruptcy help me or be possible?
Kenneth's answer
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Answered on June 18, 2015
You have a lot going on in your financial situation. Take advantage of a free initial consultation to get a detailed analysis of your options by a...
Archived
Bankruptcy questions
Kenneth's answer
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Answered on June 03, 2015
Sadly, no, unless you can prove "undue hardship" which is very difficult to do. But, there are options for student loans. Talk to a lawyer who...
Will the trustee take my Christmas bonus in a Chapter 7?
Kenneth's answer
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Answered on June 03, 2015
Depending on when you file the trustee may be entitled to as much as 25% of the bonus. There may be ways to reduce or eliminate that risk (again a...
Archived
What is the statue of limitations on a car loan defaulted on 10-2004?
Kenneth's answer
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Answered on May 04, 2015
Yes, it's six years. See my answer to your prior question for more detail.
Archived
Consumer Asset company called me concerning an auto loan of 2003 which I defaulted on 10-2004.
Kenneth's answer
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Answered on May 04, 2015
It sounds to me like they're bluffing. Unless they've already sued you and won a judgment and they're trying to collect on a valid judgment, then...
Archived
Does a wit for a credit card over ride my student loan garnishment?
Kenneth's answer
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Answered on April 29, 2015
First, why are you living with a student loan garnishment for 7 years? If this is a federal loan, there are much better options than wage...
Archived
Creditors and References
Kenneth's answer
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Answered on April 28, 2015
It depends if it's an original creditor or a debt collector sending the letters, who the letters are going to, and the content of the letters. If...
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