Archived
Follow up to previous question - instead of going bankrupt, would it be better for me to get into a consolidation program?
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Answered on November 06, 2014
If you are unable to pay off the 2K in debt in full, you may want to negotiate with the creditor. Some creditors will agree to a lower payment...
Archived
Wage levy
Kirk's answer
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Answered on October 24, 2014
Wage garnishments are limited to 25% of your pay. However, creditors have other methods of collecting, including, but not limited to, liens on...
Archived
I have been in chapter 13 since 2009, bank forclosed on my commerical building in January 2012 now I'm getting notices that they
Kirk's answer
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Answered on April 16, 2012
A bank will generally move for relief from stay prior to foreclosing on a property, not after. Consult with a local attorney to determine whether...
Archived
Purchasing a car in a chapter 13
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Answered on April 16, 2012
Since your plan is a 100% Plan and what you propose does not affect the amount going to unsecured creditors, the trustee shouldn't have a problem...
Archived
My home was discharged with Chap 7 bankrupt along with other debt in January 2010. Had been trying to finalize a loan
Kirk's answer
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Answered on June 11, 2011
Foreclosure is not automatic, and you can enter into a loan modification with your lender.
Archived
Husband's ex wife messing with bankruptcy discharge because she hates me....
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Answered on May 10, 2011
The US Trustee is not likely to get too excited about a failure to list puppies on the Schedule B. If it were a failure to list a valuable car or...
Archived
7 Bk discharged in 5/11 Didn't use reaffrimation agreements on car & mortgage can the lenders repo or forclose.
Kirk's answer
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Answered on May 10, 2011
Under bankruptcy law, auto lenders do have the right to repo a car if no reaffirmation agreement is signed. However, most lenders will not do so...
Archived
I filed chapter 7, why does my credit report show auto and mortgage as pert of bankruptcy?
Kirk's answer
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Answered on April 25, 2011
A debtor must list all debts in his bankruptcy filing, even if he continues to make payments on some or all of his secured debts. So technically,...
Archived
We are in a Chapter 13. Our Confirmation Hearing is in June. Have a question about work allowances:
Kirk's answer
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Answered on April 20, 2011
An unemployed chapter 13 debtor who gets a new job is required to inform the trustee of the change in employment and increase in income. This will...
Archived
What's a bankruptcy release document and where can I get it.
Kirk's answer
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Answered on April 20, 2011
You need to file a motion with the court to approve the short sale.
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