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I was told that I can keep my home and my car in a Chapter 7. Can the lender foreclose on me anyway?
Nicholas's answer
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Answered on August 11, 2012
You can keep your home and car in a Chapter 7 bankruptcy as long as the equity in each falls within the exemption limits for your state. In Nevada...
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Archived
I cannot pay all of bills I receive.
I've never missed mortgage payment,however,
some of credit cards are unpaid for 6 months.
Nicholas's answer
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Answered on July 27, 2012
As the other answers have stated, more information would be needed to determine if bankruptcy is an option for you, if it is your best option, and...
Archived
Hi, I am unemployed, but my wife has a very good job. Can I file for Chapter 13 bankruptcy in California without her?
Nicholas's answer
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Answered on July 25, 2012
You can file a Chapter 13 bankruptcy without your wife. However, if you are still legally married your wife's income will be considered part of...
Archived
Being a disabled veteran having most of my debts occurred during active duty and being 60% disabled am I able to chap 7 automati
Nicholas's answer
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Answered on July 27, 2011
The general rule that you are referring to is that if you are at least 30% disabled as a result of service or if you were released/discharged due...
Chapter 13, Repossessed Vehicle and Student Loans in Deferment
Nicholas's answer
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Answered on July 16, 2010
In California you can get the vehicle back by filing a chapter 13 and thereby reorganizing the arrears on the vehicle payment. The situation where...
Archived
I am being sued for co-signing for a car. The document stated they can garnish my wages. How can I stop this from happening.
Nicholas's answer
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Answered on July 16, 2010
You have a couple of option on how to possibly avoid the garnishment. First, you can talk to a lawyer about filing a bankruptcy. This could...
Archived
Can we file a Chapter 7 in San Diego County if we live in Riverside County
Nicholas's answer
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Answered on July 16, 2010
You are required to file in the County in which you have resided for the 91 days prior to filing your case. The only way to file in San Diego...
Archived
After filing Chapter 7, one of my creditors raised my rate and payment amount, more than doubling the payment. Is that legal?
Nicholas's answer
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Answered on July 15, 2010
The sudden raise in your interest rate on the student loan is likely due to a clause in the original loan contract. A lot of student loans will...
Archived
Will i have to serve jail time
Nicholas's answer
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Answered on July 15, 2010
You have nothing to worry about as far as going to jail as that will not happen. The person who called you is (most likely) not an attorney, rather...
Archived
What happens to my 20% mortgage if I file bankruptcy?
Nicholas's answer
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Answered on July 14, 2010
A lot more detail is needed about your situation to fully answer your question. One such detail is whether your home is upside down when compared...
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