Archived
Not reaffirming our house in 2003 bankruptsy has prevented us from obtaining a new mortgage. Help! What can we do?
Dorothy's answer
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Answered on December 02, 2010
Mortgages aren't reaffirmed, so who ever told you that a lack of a reaffirmation is preventing you from refinancing is mistaken.
If you have...
Archived
Would like to file personal chapter 7 bankruptcy, but I have a small corp. What will happen? What do I need to know?
Dorothy's answer
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Answered on December 02, 2010
It depends on what your corporation is worth & what it is worth is based on what assets it owns.
A bank account?
Work tools &...
Archived
Recovering condo repair costs after water damage, used my own contractor
Dorothy's answer
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Answered on December 02, 2010
Why don't you talk to your insurance company first. This may be a covered claim or they may be willing to go after your neighbor's insurance...
Archived
Can I keep my RV even if I don't sign my reaffirmation agreement
Dorothy's answer
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Answered on December 02, 2010
Either way you go with this it can be a gamble. Some lenders will repo even if you make the payments on time with no reaffirmation. Others don't...
Archived
IRA exemption in bankruptcy
Dorothy's answer
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Answered on December 02, 2010
I agree that there is nothing wrong with putting money into a retirement account, but whether a Trustee might object to doing this right before a...
Archived
I am from Cleveland, Oh and in 2006 I filed for chapter 7 bankruptcy but in 2007 it was denied.
Dorothy's answer
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Answered on December 02, 2010
Since the bankruptcy was denied, it is like there was no bankruptcy. So your question really is can a lender take money out of your bank...
Archived
I don't want to disclose my income to my spouse. He is filling personal bk 7.
Dorothy's answer
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Answered on December 02, 2010
You only have to disclose your income if you are living together! It doesn't sound like your marriage is in very good shape since you feel you...
Archived
Bankruptcy and a living trust
Dorothy's answer
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Answered on December 02, 2010
If a living trust if properly written, you don't own it & your Bankruptcy Trustee isn't going to be able to take any of the property in it.
If a...
Archived
I want to file for chapter 7 but i have a pending workmans comp claim.
Dorothy's answer
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Answered on December 02, 2010
In some states workers compensation claims are exempt. In other states they are not exempt.
I would not represent someone who came in with a...
Archived
Can I walk away from my mortgage at any time if I did not reaffirm it after a Chapter 7 Bankruptcy?
Dorothy's answer
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Answered on December 02, 2010
Your credit report is a lousy source of information about your financial obligations in your mortgage. Don't ever rely on it to determine your...
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