Do most bankrupty attorneys know about securitizations? Are they responsable for doing their research when property is involved?

Mr Sarori is correct, the issue of securitization of mortgages is up in air right now, no one knows the answer that question. It will take many...

My mom is in hospice. When she dies I fear my brother and his church will take everything.

It will all depend on whether she has a will or trust. If she does and they were made by her expressing her true desires without any undue...

Filing Chp 7 bankruptcy in CA

Scott pretty much covered it. Your usage will be reviewed by the trustee and by the credit card companies to ensure that you are not just running...

How soon can a bank set a foreclosure sale date after Chapter 7 discharge date?

Your question is a bit more complicated than it appears and would require more information for a complete answer. If there is more equity in the...

The bankruptcy court considers there to be two debtors in your situation, you personally on the note and the house on the deed of trust. Under...

Do I need to file declaration of homestead before chapter 7?

If this is your place of residence it is not necessary to record a homestead declaration to claim the exemption. You might want to make sure you...

Mortgage in chapter 13

I am not sure how you and your partner have things arranged between you two, but assuming that she is a co-signer on the note given to get the...

Just call me a belt and suspenders kind of guy, but even if the proof of claim does not follow from the 13 into the 7 it is still out there. I do...

What happens when the Ch. 7 trustee abandons personal property back to the debtor?

When you filed for bankruptcy all of your stuff fell under the control of the Bankruptcy Trustee to evaluate and sell to pay your creditors. Some...

Borrowing while contemplating bankruptcy

If you borrow close to filing bankruptcy, especially if you know you are going to file, is questionable. The nature of the borrowing is looked...