I agree with the answer and analysis below, however in theory an argument could be made that the debt you are owed is simply an unsecured debt of...

Is my customer really filing for bankruptcy

I agree with Mr. Feinstein's answer. Check to see if he has hired a bankruptcy attorney and call the attorney to verify representation. Mr....

Lien strip can you be turned down?

You might be hit with an objection from the creditor since the values are so close. Hopefully you have hired a good attorney or firm who can...

Bankruptcy Lawyer versus Bankruptcy Service?

Call my office and I can assist you. I offer no interest payment plans and sometimes do cases for free depending on the circumstances. Mr....

I own my home and car free and clear in California. I may have to file for bankruptcy and I do not want to lose my homr or car.

If you are married you qualify for a $100k homestead exemption. If you or your spouse is disabled or you make less tan $20k per year then you are...

How long should a bankruptcy take?

Stop by his office to see what the hold up is. If you have paid in full and provided the documents, most competent attorneys should be able to...

Is unemployment compensation counted as income to determine if I qualify for Ch 7 ?

In San Diego, unemployment compensation is treated as income. It is generally a State benefit which does not fall under the Social Security...

I agree with the other posts in the sense that an indemnity agreement is only as good as his finances. If your goal is to save the home, then you...

BK and loan modification

Bankruptcy might give you the leverage you need to negotiate a loan modification with your lender, however you will need to receive your discharge...

After signing a lien in order to sell my home, can I declare bankruptcy?

Your decision whether to file bankruptcy or do the short sale deal is in my opinion best based on whether your loans are recourse loans. If they...