Archived
If I do a strategic walk away from my mortgage- and there is equity, will I be liable for taxes, like income?
Andrew's answer
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Answered on December 18, 2013
This is a complex question because it involves family law and tax issues, as well as real estate law. More information would be needed in order to...
Archived
Can a trustee force a sale on a co owned home. Only half the house is in bankruptcy. The ex lives in home.
Andrew's answer
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Answered on December 18, 2013
Let me start by saying that you should definitely speak with an experienced attorney to go through all the facts of this situation before making...
Archived
Chapter 7. What is the most recent tax year that is possible to discharge in bankruptcy
Andrew's answer
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Answered on December 17, 2013
The above attorneys are correct regarding the tax discharge rules and the fact that you needed to have filed the return and not had a recent...
Archived
Can you file for bankruptcy twice?
Andrew's answer
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Answered on December 15, 2013
You can definitely file bankruptcy again. Which chapters your qualify for depend on the chapter you filed, whether you received a discharge, and...
After Chapter 7, can the bank still charge interest and fees?
Andrew's answer
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Answered on December 12, 2013
You are making some incorrect assumptions here. The bank still has a lien against the property. They can continue to charge their monthly mortgage...
Archived
Would a BK judge discharge less of my 47K in credit card debt if my annual income increases from 16k to 40k? How about 50k?
Andrew's answer
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Answered on October 27, 2013
I would definitely suggesting setting up a consultation with an attorney in this situation, most have free consultations and you would learn more...
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Archived
How is the re-payment plan calculated for chapt 13? I have read it is based on what you tell the courts you can afford?
Andrew's answer
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Answered on September 09, 2013
It would be almost impossible for a person not experienced in chapter 13 bankruptcy to estimate their chapter 13 plan payment in California. There...
Archived
Bankruptcy Court
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Answered on September 07, 2013
When a bankruptcy case is filed, there is normally only one (sometimes a few more) hearings a client would attend, called the "meeting of...
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Archived
How do you deal with a lien when your home loan has been discharged in a Chapter 7 BK.and you want to stay in your home?
Andrew's answer
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Answered on August 27, 2013
Your home loan is never really discharged in a chapter 7 bankruptcy. Sure, it literally could be described as being discharged as to you personally...
Archived
Can an unsecured credit card like Citibank take away anyone's vehicles/ Trailer or toys when a credit card has not been paid ?
Andrew's answer
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Answered on August 27, 2013
An unsecured creditor cannot repossess or put liens on real or personal property unless they file a complaint, serve the complaint, and get a...
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