Archived
I went through bankruptcy 3 years ago. I kept my house but it may be foreclosed on soon. If it is foreclosed on will it reported
Dorothy's answer
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Answered on January 11, 2011
In most instances, only the 1st mortgage will be foreclosed on, as it doesn't usually make sense for the 2nd mortgage company to foreclose & have...
Archived
Will filing chapter 7 damage my familys credit
Dorothy's answer
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Answered on January 10, 2011
If you and your mother's names are both on the mortgage, your bankruptcy will be noted on the mortgage on her credit.
She will want to monitor...
Archived
I am in Chapter 13 bankruptcy with about 1 year left. I think I may inherit some money from my late dad's estate.
Dorothy's answer
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Answered on January 10, 2011
My understanding is that if your father died more than 6 months after your chapter 13 was filed, any windfall you may receive as a result would not...
Archived
Can I file bankruptcy on debt I acquired from a civil law suit?
Dorothy's answer
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Answered on January 09, 2011
You can file bankruptcy, but you probably will not be able to discharge the debt in bankruptcy. Failing to pay the restitution could also send you...
Archived
Obtained loan during chapter 13 without permission.
Dorothy's answer
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Answered on January 09, 2011
This may be a problem your lawyer can fix. In my state, we obtain permission from the Chapter 13 trustee to borrow money to buy a car, get braces...
I am going to be served with a credit card judgement by nassau county sheriff. Will my salary automatically garnished or are
Dorothy's answer
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Answered on January 09, 2011
When a creditor obtains a judgment, in most states, the next step is that they apply for a writ & have the sheriff deliver it to your employer to...
Archived
Converted former residences to rental properties. Can I file a non-consumer bankruptcy?
Dorothy's answer
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Answered on January 09, 2011
You can file a non-consumer bankruptcy if the majority of your debts are non-consumer debts.
If most of your debts are consumer debts, obviously...
Archived
I had a collection agentcy sue me and got a judgement. What happens now?
Dorothy's answer
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Answered on January 09, 2011
In Nevada, if you don't respond to a court order to appear & answer questions about your assets, you can be put in jail for contempt of...
Archived
I filed title 7 bankrupcty and one of my creditors whom obtained a legal judgment against me filed a suggestion of bankrupcty on
Dorothy's answer
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Answered on January 09, 2011
A suggestion of bankruptcy is usually filed by a debtor to stop litigation from continuing in state court. Since litigation cannot continue in...
Archived
Judgment
Dorothy's answer
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Answered on January 09, 2011
When a creditor obtains a judgment, they go looking for any asset that state law lets them take. State laws are often posted on the state website,...
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