Archived
The bankruptcy court says that I have 14 days before the hearing (7/10/12) to respond to a Motion For Relief of Automatic Stay.
Michael's answer
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Answered on June 19, 2012
Calendar days.
See Federal Rule Bankruptcy Procedure 9006 (F.R.B.P. 9006) for method of calculation and computation of days.
Best of luck!
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Archived
File bankruptcy on credit card debt?
I was told today by a 'friend' that Bush, made the law of NO BK on Credit Cards.
Michael's answer
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Answered on June 18, 2012
Despite Mr. Bush's maneuverings and the credit card lobby's efforts, this information is absolutely NOT TRUE.
A discharge is available on...
Archived
Personal chapter 7 filing. own a small s-corp. Should I have listed the corp as an Alias in the petition? Not really operational
Michael's answer
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Answered on June 12, 2012
Slightly surprised by the variety of opinions regarding you questions, however, accurate answers may be found here:
No. An S-copr (or LLC, or...
Archived
Can wife transfer separate property during husband's bankruptcy? My husband is filing for Ch. 13. I am not.
Michael's answer
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Answered on June 11, 2012
The answers previously provided are quite accurate and it would be advisable for you to pay attention to what's been stated. A Chapter 13...
Archived
Property has a trustee sale date and in a revocable trust. Who needs to file bankruptcy to stop the foreclosure?
Michael's answer
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Answered on June 07, 2012
As the creator of a revocable trust and transferor of asset to the trust, it is proper to list revocable trust assets in one's personal...
Archived
Short sale in a CH13 with 2nd note in the CH13.
Michael's answer
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Answered on June 05, 2012
First, talk to your attorney if you have one - s/he is the appropriate contact for answering EACH of these questions.
Short sales are never...
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Archived
A sale is scheduled for next week at at the courthouse, can it be stopped?
Michael's answer
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Answered on June 05, 2012
"Is there anything I can do to delay this sale?"
The answer already provided by my colleague attorney Frank Chen is very good information for...
Archived
Foreclosure looming, HELOC bought out apparently, wonder about gamesmanship
Michael's answer
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Answered on June 05, 2012
Gamesmanship is an interesting idea, however, the 2nd is likely seeking to protect its interest in the real property/home. Is this your primary...
Archived
What Bankruptcy Chapter can i file to get rid of my second mortgage to my house?? Chapter 7 or Chapter 13 please help me!
Michael's answer
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Answered on June 04, 2012
If (and only if...) the second mortgage is completely "undersecured", then a Chapter 13 bankruptcy may allow you to avoid the lien on the 2nd...
Archived
Filed chapter 13 in 2004. Discharge in 2008. Can I file a chapter 7 or 13 today.
Michael's answer
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Answered on June 04, 2012
11 U.S.C. 727(a)(8): 8 years between Chapter 7 and Chapter 7
11 U.S.C. 1328(f)(2): 2 years between 13 Chapter 13 and Chapter 13
11U.S.C....
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