Can I walk away from my house, post-discharge of Chpt 7 and what is the potential downside?

Yes, if you did not reaffirm the mortgages, you can walk away without further obligation. You can apply for another mortgage at any time. It has...

CH7 filed, auto loan, sold vehicle to friend over 1 yr ago, no title transfer, pmnts current, can I reaffirm?

The Trustee doesn't have anything to do with reaffirming debts. If you wish to reaffirm an obligation you have, you need to enter into an...

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Chapter 7 Q re valuation of business. Is it true that sole proprietor business will be valuated solely by its physical property?

First of all, you cannot continue operating a sole-proprietor business if you file a Chapter 7, unless the Trustee decides to take it over and run...

IS CHAPTER 13 A GOOD OPTION?

There's no way to answer your question without having a comprehensive consultation to go over all the relevant facts and circumstances. It's...

My chapter 7 bankrupcy filing has forced an automatic stay in foreclosure proceeding, where I am merely the "fiduciary"?

Probably stopped it out of an abundance of caution. The foreclosing creditor will likely file a motion for relief from the automatic stay to...

I did not see our pensions listed on schedule b. never was asked about the deffered comp

Pensions and qualified retirement accounts are protected under federal law, but you were still required to list them on Schedule "B". To be safe,...

Chapter 7 is discharged, however, I learnt I had a creditor with a secured money purchase claim on deferred payment merchandise.

Make them jump through the legal hoops. If they want to repossess the items, they have to spend the money to get a court order to do so. If they...

Can I ask the court or attorney for more time to respond to suit, but then never respond and just file bankruptcy chapter 7/13?

Yes you can, but the easiest thing to do is simply to file a General Denial and that will put the case on track for a trial which will buy you a...

Can I ask the court or attorney for more time to respond to suit, but then never respond and just file bankruptcy chapter 7/13?

Yes you can, but the easiest thing to do is simply to file a General Denial and that will put the case on track for a trial which will buy you a...

How much should a chapter 7 cost in killeen??

To supplement the prior answer, it also depends on the quality and experience of the attorney you use. The court filing fee is $299. The...