Archived
I believe my parents need to file Chapter 7 bankruptcy. How does this effect their home equity loan?
Kathryn's answer
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Answered on January 30, 2010
What you're saying is that your parents have about $40K in equity in the home. They have cashed $300K of equity in their home by taking advantage...
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Archived
Chapter 7 Ex parte motion to shorten time on motion to withdraw
e.g., Do I need to respond?
Kathryn's answer
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Answered on January 28, 2010
Your question has been viewed by others, but no one responded. Your question is kind of loaded because without understanding more about your...
Archived
Can I still collect unemployement if I file and LLC?
Kathryn's answer
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Answered on January 28, 2010
I suggest you repost this question in the business formation section so that attorney in that area of expertise can view it and give you an answer.
Archived
For a NJ household of two, what are the deductions for the 22A Means Test?
Kathryn's answer
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Answered on January 28, 2010
Ok, the Means Test is a nasty little beast and we as practitioners struggle with and we have fancy software that we use to help us. So honestly I...
Archived
Bankruptcy seizing property
Kathryn's answer
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Answered on January 28, 2010
Check with a local attorney. My information here states that you have a $3,000 wildcard exemption, but I don't see any vehicle exemption. My book...
Archived
Which State is better for filing bankruptcy? Kansas or Delaware?
Kathryn's answer
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Answered on January 28, 2010
Well, your question is sort of irrelevant. Way back in the days, some folks who were contemplating filing for bankruptcy came up with an idea,...
Archived
Renting an apartment after bankruptcy.
Kathryn's answer
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Answered on January 28, 2010
True potential landlords cannot discriminate but they can deny your application based on your credit worthiness. I concur in that getting letters...
Archived
Is it fraudulent to charge attorney fee's to a credit card before bankruptcy?
Kathryn's answer
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Answered on January 28, 2010
I wouldn't do it and I don't accept credit card payments. Using your credit cards for any purpose whatsoever with no intent to repay is fraud. ...
Archived
I have a 23 year old student loan and I am a signle parent living on a disabiality. Can I get this loan forgiven?
Kathryn's answer
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Answered on January 28, 2010
I concur with Angel and would also add some points. The hardship standard is not very standard. Let me explain. In order to pursue a discharge...
Archived
How does personal bankruptcy affect a cosigner?
Kathryn's answer
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Answered on January 28, 2010
Seeing as this is a family member, I would hope that post bankruptcy, the other borrower would return your kind and gracious favor and pay the...
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