Do I need to continue to pay HOA's, insurance, and property taxes on a property that was discharged in Ch 7 once I move out?
Dorothy's answer
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Answered on October 24, 2010
You are legally responsible for paying all debts run up after you file Bankruptcy. Until your mortgage company foreclosese, you still own the...
Archived
Can a person who has filed bankruptcy sponsor a friend -who wants to study in USA-
visa F-2?
Dorothy's answer
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Answered on October 23, 2010
Filing a Bankruptcy does not make you ineligible to sign an Affidavit of Support. However, the Affidavit of Support has other criteria, and if you...
Archived
Is it possible if we just file 1 out of 3 homes for bankrupcy? or we have to file 2 homes and keep 1?
Dorothy's answer
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Answered on October 23, 2010
Bankruptcy law requires you to list all of your assets. No exceptions.
Your question isn't very clear. If the real estate you are referring...
Archived
If I file bankruptcy on my s corp business will this report on my own credit?
Dorothy's answer
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Answered on October 23, 2010
If the Corporation files for Bankruptcy, because you are jointly on these debts, it is highly likely that the credit reporting services will note...
In chapter 13 bankruptcy, do you need to include unvested stocks(i.e. RSU) under your assets?
Dorothy's answer
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Answered on October 23, 2010
The Bankruptcy Schedules require you to list all property, including on Schedule B (19) equitable or future interests. Is there some reason why...
Archived
Can I file bankruptcy and put $4100 court case I lost form a slum lord on it.
Dorothy's answer
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Answered on October 23, 2010
If this is all the debt you have, you may want to consider options other than Bankruptcy to resolve this issue. Although you can eliminate this...
Archived
Cannot pay off student loan
Dorothy's answer
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Answered on October 23, 2010
Filing for Chapter 7 will not discharge the student loan debt & it won't resolve your dispute over the claim.
Filing Chapter 13 may allow you to...
Archived
Do you need to include 401k, IRA(retirement) and expected tax refund under your exemptions on chp13 bankruptcy? pls advise
Dorothy's answer
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Answered on October 23, 2010
You only need to list these assets if you care about facing charges of Bankruptcy fraud and losing these assets!
If you don't list the asset &...
Archived
Sold my business about a year ago carrying large debt. can probably do chapt 7 personally. i financed buyer. Implications?
Dorothy's answer
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Answered on October 23, 2010
Whew, this is a complicated question...Let me make sure I have the facts right!
You sold the assets of your S Corporation (or the corporation...
Archived
Bankruptcy
Dorothy's answer
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Answered on October 23, 2010
It depends.
In Chapter 7, the Bankruptcy process will only give you a limited amount of time to either bring the past due payments current or...
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