Archived
Can I sell vehicle prior to filing for chapter 7 bankruptcy and then use California Wildcard exemption to protect cash proceeds?
Michael's answer
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Answered on February 12, 2014
You can do so, but talk to a bankruptcy lawyer first. A lot depends on the amount of the proceeds, the timing of the sale, and you other income...
Archived
Will the bankruptcy affect me?
Michael's answer
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Answered on February 11, 2014
I assume your step daughter bankruptcy filed bankruptcy and listed you as a co borrower, and that is why you got the form B9a notice of...
Archived
I'm being sued, but already filing for Chapter 7 bankruptcy - should I file before or after the judgment.
Michael's answer
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Answered on February 11, 2014
It is probably better to file bankruptcy before the judgment can be obtained. If you file bankruptcy pre judgment, you will cut off the...
Archived
Newly 18 no credit
Michael's answer
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Answered on February 06, 2014
To buy on credit under your circumstances, most likely the lender will require either a huge down payment plus proof of your income, or a...
Archived
So if I do not reaffirm the debt I cannot refinance in the future if I want to take out a loan on the equity?
Michael's answer
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Answered on February 06, 2014
The refinance in the future should be more dependent on factors other than whether you reaffirmed the debt in bankruptcy, such as: your income,...
Archived
Will Bankruptcy remove a medical lien from my home.
Michael's answer
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Answered on February 05, 2014
You can negotiate a settlement in exchange for lien removal, or file a bankruptcy and file a motion to avoid the lien if there is no equity to...
Archived
Bankruptcy chapter 7
Michael's answer
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Answered on February 05, 2014
You should reach out to the California Monitor, which provides assistance to California homeowners and negotiation with the five mortgage companies...
Archived
How can a bk trustee become a party-of-interest in California when someones files for bankruptcy?
Michael's answer
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Answered on February 05, 2014
The trustee would be a party in interest since the potential claim for money is property of the bankruptcy estate regardless of being unlisted in...
Archived
Can I file for personal and California corporate bankruptcy although I am currently a non-resident, Canadian?
Michael's answer
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Answered on February 05, 2014
Non residents may be allowed to file bankruptcies in the United States. As to whether you can file in California, you need to analyze where and...
Archived
Settling with creditor on judgement. Need to hire an attorney to draft paperwork.
Michael's answer
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Answered on February 04, 2014
You may be able to drop the language yourself, but it would be better to have a lawyer draft the settlement and oversee the process.
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