Archived
In new jersey, How many years do you have to wait to own anything after filing chapt. 7 . friend now is Chpt. 7.
Dorothy's answer
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Answered on November 25, 2010
Do you want to pay cash for it or borrow money? Once you have filed, you certainly could purchase something for cash as long as you can show that...
Archived
Home foreclosed this year & I filed bankruptcy to discharge it and other debt. Need to explain this on my taxes / tax return
Dorothy's answer
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Answered on November 25, 2010
Tax law provides that a loss due to a foreclosure isn't taxable if the person was insolvent (bankruptcy) at the time the loss occurred.
Although...
Archived
Will the judgement be removed from my credit report even if unpaid for 7-10 years?
Dorothy's answer
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Answered on November 25, 2010
How long a judgment stays on a credit report isn't determined by state law, but by federal law. Or so people will tell you!
The credit bureaus...
Archived
Have questions about debts I want to discharge in chapter 7 bankruptcy. Can't afford lawyer now and really need advice
Dorothy's answer
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Answered on November 25, 2010
You may never understand how much not retaining an experieced Bankruptcy attorney can cost you until years afterwards. In the meantime, you go...
Archived
Does your HOA have to give you notice before they send your account to a lawyer for collections?
Dorothy's answer
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Answered on November 24, 2010
Not in Nevada! They can record a lien and send you into foreclosure without any warning whatsoever. In their defense, I know that with so many...
Archived
I am being sued by a creditor what are my options
Dorothy's answer
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Answered on November 24, 2010
You can file an answer to the lawsuit. An answer is a formal written response to the suit and must be filed with the court where the lawsuit was...
Archived
Ex and I have been divorced for over 3 years. Just got a call that she was filing bankruptcy and credit card is coming after me
Dorothy's answer
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Answered on November 24, 2010
Your creditors are not bound by what your divorce decree says. They are entitled to collect from anyone who signed the contract with...
Archived
Ch. 7 ? uncle has cc debt cant pay-income only ss and small ira---but has rather small savings acct. which along with ss he live
Dorothy's answer
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Answered on November 24, 2010
Can't answer this question without knowing where your uncle has lived during the past 2 years and how much you consider "rather small" to...
Archived
Low income-need bankruptcy lawyer?
Dorothy's answer
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Answered on November 24, 2010
if you are sufficiently low income, you may not need to file Bankruptcy. I would suggest you begin by meeting with a non-profit local credit...
Archived
If a piece of property is sold to a spouse for fair market value. Can the backruptcy court still take it back and sell it?
Dorothy's answer
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Answered on November 24, 2010
This would be a discretionary decision that the Trustee assigned to your Bankruptcy case would make. There is no way anyone could guarantee you a...
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