Archived
Making good on medical bills while bankruptcy takes care of credit card debt turned into collections agency?
Kathryn's answer
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Answered on February 05, 2010
All debts must be listed in the petition. But often, especially when it comes to professional services, debtors choose to honor the debt despite...
Archived
Can my ex's debt affect mycredit score if it is registered at my address?
Kathryn's answer
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Answered on February 05, 2010
Unless you were on his account, your credit should be unaffected.
Archived
What are the advantages/disadvantages to filing chapter 7 versus chapter 13
Kathryn's answer
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Answered on February 04, 2010
This is a tricky question to answer because whether a person can file a chapter 7 requires doing a means test. This test can be cumbersome and not...
Archived
Income Tax Refund & Chapter 7 may I use it pay my mortgage payment after I have filed for bankruptcy?
Kathryn's answer
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Answered on February 03, 2010
It may be better to receive the refund and bring the mortgage current. But I am making a lot of assumptions here. That you qualify for a chapter...
Archived
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.
Kathryn's answer
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Answered on February 02, 2010
I strongly concur. Please consult an attorney to determine if you qualify for chapter 7, if not evaluate between some options: chapter 13, credit...
Archived
Salary increase after Chapter 7 filing, how does this affect means test?
Kathryn's answer
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Answered on February 02, 2010
For the purposes of the means test, the look back period is 6 months, therefore if you file now, the increase in salary would not affect the test. ...
Archived
How many tax returns do I have to provide when I file for BK. Also, I am self-employed
Kathryn's answer
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Answered on February 02, 2010
In San Diego, we are required to obtain 2 years worth, but provide one year to the trustee. I believe it is the same in Riverside. In Chapter 13...
Archived
I just read somewhere that when you file BK in CA some banks will freeze your accounts? How do you live?
Kathryn's answer
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Answered on February 02, 2010
If a client has an account with a financial institution that is also a creditor, I always ask them to set up a checking/savings account with a...
Archived
Is the automobile exemption for Bankruptcy in the State of California per car or for all cars total?
Kathryn's answer
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Answered on February 01, 2010
The exemption is for amounts not per vehicle. Assuming you would be filing a chapter 7 and have no equity in real estate, in California you would...
Archived
I filed for bankruptcy but continue to receive bills from creditors what can I do to stop this
Kathryn's answer
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Answered on January 31, 2010
You should have received a copy of your petition at signing. Regardless of the fact that you used an attorney, you signed the documents under...
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