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Our HOA assessed us a $1,500 special assessment in April 2013 that was listed in our BK in July 2013 and discharged in November.
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Answered on March 25, 2014
The applicable Bankruptcy Code section provides: "A discharge . . . does not discharge an individual debtor from any debt . . . for a fee or...
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I OWN A HOME JOINTLY WITH MY DAUGHTER AND OUR MORTGAGE IS CURRENT - CAN I DECLARE BANKRUPTCY AGAINST MY 1/2 OF THE MORTGAGE?
David's answer
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Answered on March 25, 2014
If you were hoping that a chapter 7 will "zap" half the obligation on the note and deed of trust, thereby only requiring your daughter to pay "her...
I am filing for chapter 7 bankruptcy and I want to know if selling personal items at a garage sale acceptable?
David's answer
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Answered on March 24, 2014
Two concepts come quickly to mind: (1) disclosure; and (2) "red flags." You can sell items, before you file, for a fair value. You can have a...
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Should I file chap7 or try a payment plan. I know its case dependent but please give your best qualified recommendation.
David's answer
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Answered on March 24, 2014
You may not currently be eligible for a chapter 7. More facts are needed. But, if you expect to have income of 100,000 a year once you find a job,...
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MEANS TEST FOR CH7
David's answer
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Answered on March 24, 2014
That is a good indication. The "presumption of ABUSE" does not arise.
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I am a co owner with my sibling on a home in which my parent has lifetime rights. What happens if I file chapter 13 bankruptcy?
David's answer
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Answered on March 23, 2014
If you were filing a chapter 7 the answer would probably be much simpler - if the property is fully encumbered, there would be determined to be of ...
How long can it take the Trustee to close the Chapter 7 case after he's received my last payment for the car buyback agreement?
David's answer
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Answered on March 23, 2014
The appreciation in value should not affect your chapter 7 exemption rights. The value of the house is determined as of the date of the...
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Are there attorneys that handle both IRS tax issues and bankruptcy?
David's answer
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Answered on March 23, 2014
Assertions of attorney specialization in Nevada, as in many jurisdictions, can be problematic within the strictures of the state bar. Nevertheless,...
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After you claim bankruptcy can you claim house taxes
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Answered on March 22, 2014
If you want to keep a house, you should expect to pay property taxes even though you have filed bankruptcy. Pre- bankruptcy property taxes can be...
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Can a debtor in a chapter 13 request a temporary dismissal of one month in order to reorganize?
David's answer
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Answered on March 22, 2014
You might be able to get some kind of satisfactory result, but it will not be a "temporary dismissal" - I am not aware of such a procedure in any...