Archived
Is the security deposit and last months rent protected under Federal Exemptions 522 (d5) (wild card) in chapter 7 bankruptcy?
Mark's answer
|
Answered on November 29, 2015
If you're not using a homestead exemption, then you can use up to approximately $12,700 of the wild card on any assets you want. Hence the name...
Archived
I want to file bankruptcy. Would it be worth it for debt over $50,000? Almost 80% of my debt is Medical related.
Mark's answer
|
Answered on November 28, 2015
Certainly it may be worth it, but the only way to make an intelligent decision is to have a comprehensive consultation with an experienced...
Archived
Chapter 7 question in regards to retaining a lawyer and stopping creditor payments.
Mark's answer
|
Answered on November 27, 2015
This is a common question and one that relies on multiple different factors, which is why you need to rely on your attorney's advice in this...
Archived
I recently filed for chapter 7 bankruptcy and it was discharged in 2013, can I file for chap. 13
Mark's answer
|
Answered on November 23, 2015
It depends on when your Chapter 7 case was filed, and you don't provide that information. Assuming that it was also filed in 2013, then Brett is...
Archived
Can anyone explain this question; if the only income you have is disability income, your 100% service connected,
Mark's answer
|
Answered on November 20, 2015
You are confusing exemptions with income eligibility. Disability payments may be exempt from being taken by a Trustee in bankruptcy, but they...
Archived
Which is better to clear credit Bankruptcy or Consolidation
Mark's answer
|
Answered on November 08, 2015
See my articles attached which describe the differences between bankruptcy, debt settlement and debt consolidation. They should be helpful.
Archived
Is my social security check exempt from bankruptcy?
I have filed homestead, but have $50,000 equity, is that also exempt?
Mark's answer
|
Answered on November 03, 2015
Social security funds are fully exempt in bankruptcy. Moreover, social security income does not even count towards your income eligibility for...
Archived
What is the meaning of second motion for sanctions for violation of discharge injunction under 11us.sec 524 a.?
Mark's answer
|
Answered on November 02, 2015
It's not clear if your question is asking why more than one motion is filed, or if you're asking what the Motion is about?
The other responses...
Archived
Personal Chapter 11
Mark's answer
|
Answered on October 24, 2015
In a word, no. First of all any professionals who represent the debtor or assist the debtor must be disclosed to and approved by the bankruptcy...
Archived
Is interest on a debt non-dischargeable?
Mark's answer
|
Answered on October 20, 2015
I'd need more details on the basis of the underlying debt, but as long as it was dischargeable in bankruptcy then the interest would also be...