Questions answered by Brad Francis Weil

Archived

Does bankrupcy protect my house, wages and retirement from civil suit, do I wait for judgement to file BK?

Brad's answer | Answered on July 23, 2013

First, stop yelling (take your caps lock off). Second, yes the timing of your bankruptcy does matter. Make sure you file your bankruptcy before...

Archived

Filed third bankruptcy (7) and stayed UD eviction. Judge ignored stay. What can we do? we are not looking for win, just delay

Brad's answer | Answered on July 17, 2013

Third strike and you are out. If you are on your third bankruptcy within a year you have no stay. The first filing gave you a stay for "the...

Archived

How long do bad debts discharged in BK stay on credit reports?

Brad's answer | Answered on July 17, 2013

All debts that are discharged in a bankruptcy are reported on your credit report as discharged. Anything can stay on your credit report for up to...

Archived

If I file Chapter 7 bankruptcy, do my Credit card judgements go away?

Brad's answer | Answered on July 17, 2013

Yes your credit card judgments will be discharged in a Chapter 7 if you otherwise qualify. I would highly recommend siting down with an attorney...

Archived

Does having fewer creditors make it easier to bounce back from bankruptcy?

Brad's answer | Answered on July 16, 2013

Bankruptcy is an all or nothing proposition. You have to list everything you own and everyone you owe money to. The part of your question where...

Archived

On schedule I you list Veterans Disability payment as income. Can you deduct this from Income after listing it on Schedule I.

Brad's answer | Answered on July 03, 2013

Hire an attorney and do not do a Chapter 13 case yourself they are very complicated.

Archived

UD Trial coming up after Bankruptcy stay lifted

Brad's answer | Answered on July 03, 2013

1) No once the stay is lifted the plaintiff can resume the state court case without having to re-file it. The automatic stay stops the case it...

Archived

Does a chapter 7 trustee value property at the time of petition, or current market value?

Brad's answer | Answered on July 03, 2013

The trustee values the property as of the date it is sold. The equity that has accrued since you filed goes to the estate. Any equity you have...

Archived

If I receive a large personal injury settlement and my attorney doesn't file a lien, can I go bankrupt and keep all the money.

Brad's answer | Answered on July 02, 2013

If you can fully exempt the settlement money than you can keep the exempt settlement money. If your attorney does not have a lien he is an...

Archived

Chapter 7. What is the most recent taxes that are possible to discharge. I am confused by the 3 year rule

Brad's answer | Answered on July 02, 2013

In a Chapter 7 you cannot discharge tax liability for the most recent three years before the filing of the bankruptcy on filed returns. If the...

Brad Francis Weil's Answers (361)

Does bankrupcy protect my house, wages and retirement from civil suit, do I wait for judgement to file BK?

Filed third bankruptcy (7) and stayed UD eviction. Judge ignored stay. What can we do? we are not looking for win, just delay

How long do bad debts discharged in BK stay on credit reports?

If I file Chapter 7 bankruptcy, do my Credit card judgements go away?

Does having fewer creditors make it easier to bounce back from bankruptcy?

On schedule I you list Veterans Disability payment as income. Can you deduct this from Income after listing it on Schedule I.

UD Trial coming up after Bankruptcy stay lifted

Does a chapter 7 trustee value property at the time of petition, or current market value?

If I receive a large personal injury settlement and my attorney doesn't file a lien, can I go bankrupt and keep all the money.

Chapter 7. What is the most recent taxes that are possible to discharge. I am confused by the 3 year rule