What happens to my vehicle in chapter 7 bankruptcy if it is valued at more than they allow me to keep?
In a Chapter 7 case, the Trustee can sell any assets that you own. If the realizable value of the asset is more than exemptions you have...
Burbank, CA
Bankruptcy and debt Lawyer at Burbank, CA
Practice Areas: Bankruptcy & Debt, Chapter 7 Bankruptcy ... +2 more
In a Chapter 7 case, the Trustee can sell any assets that you own. If the realizable value of the asset is more than exemptions you have...
Huh? You did a reaffirmation agreement and you want trade in a truck that you're keeping? Sorry, I don't understand your facts at all. If you in...
You need to have a consultation with a bankruptcy attorney in your area. There's no way to answer your questions without having a comprehensive...
I assume you are referring to Chapter 7 cases in both instances, correct? You can file another Chapter 7 case any time you want. But if you want...
If there is a lien against the property, it would need to be satisfed before the property can be sold. If there is no equity above the lien, why...
This depends on a number of different factors, including which Chapter of bankruptcy is filed, what assets are available to liquidate (if Chapter...
$1,500 total including the court filing fee and other costs, or $1,500 PLUS court filing fee and other costs? Either way, it's certainly...
You need to consult with a bankruptcy attorney in your area. You are most likely eligible for a Chapter 7 case, but without knowing the value of...
I believe you mean a "proof of claim". A discharge in a Chapter 7 bankruptcy has nothing to do with the liquidation and distribution of...
If you surrendered the house, I assume you are not living in it, so what difference does it make to you what the Trustee does? If this is a...