Archived
I have a deed of trust lien on property where the borrower has received a discharge in Chapter 7. can i foreclose post BR?
Dorothy's answer
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Answered on October 25, 2010
Even though a Discharge has been entered, the Bankruptcy Trustee may still have a technical interest in this property, even if the Debtor has no...
Archived
If a constructively fraudulent transfer was made over a year before Ch 7 bankruptcy was filed, why is that transfer reversible?
Dorothy's answer
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Answered on October 25, 2010
Bankruptcy law was changed in 2005 under BAPCPA to increase the amount of time a Trustee could pursue a debtor for a fraudulent transfer. See 11...
Archived
After completing chapter13 plan, can you still file chapter7 if need-be for special cirumstances?
Dorothy's answer
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Answered on October 25, 2010
You would need to wait 8 years from the time your orginal Chapter 13 was filed in order to be elgible to file a Chapter 7.
However, if while you...
Archived
My homeloan in my deceased husbands name; i have to file bankruptcy; can i keep my house
Dorothy's answer
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Answered on October 24, 2010
Even though the loan is not in your name, as long as your name is on the title to the property, you should be able to keep it as long as 1) it is...
Archived
Need to keep our car as we are filing chapter 7 in nj.
Dorothy's answer
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Answered on October 24, 2010
You only have 3 choices in a Chapter 7 with respect to a vehicle financed -
Reaffirm, which is entering into the same contract on the vehicle that...
Archived
I forgot to show an asset and my 341 meeting is on Tuesday. I tried to contact my lawyer but no response.
Dorothy's answer
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Answered on October 24, 2010
The Trustee must hear about this from you either before or at your 341 Meeting. As long as (s)he gets this information from you voluntarily, it is...
Archived
Found money after bankruptcy discharge (re-post from Probat section)
Dorothy's answer
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Answered on October 24, 2010
You need to reopen your bankruptcy to include this asset in your case. In all liklihood, you can also claim it as exempt.
Here is what will...
How long after meeting of creditors will I receive discharge papers?
Dorothy's answer
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Answered on October 24, 2010
It usually takes at least 2 months which will let the deadline for the right of creditors to object to elapse. (The deadline is stated on your B9...
Archived
Part Bankruptcy part probate question
Dorothy's answer
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Answered on October 24, 2010
I agree with Alan that you need to bring this to your Bankruptcy attorney's attention. It is a relatively simple thing to amend your Bankruptcy...
Archived
My ex-husband is wanting to file for Bank. on credit cards. Will this effect me? No joint accts but I am a card holder on one.
Dorothy's answer
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Answered on October 24, 2010
Your ex-husband's bankruptcy could affect your credit report, so I would monitor your credit report carefully for at least the next year. Your...
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