Archived
Working with a Credit Counseling service. Has been over a year since we started the process. How long is it going to take?
Kathryn's answer
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Answered on August 06, 2012
It does sound like you are working with a private credit settlement company and if that's the case then it could take a long time or it could...
Archived
Should I file bankruptcy to avoid any repercussions from a 4 fam foreclosure in Ocala. I live in NY.
Kathryn's answer
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Answered on August 06, 2012
You really do need to get a consultation with an attorney. Just these facts here alone aren't dispositive on the question whether to file and even...
Archived
Chapter 7 bankruptcy parents. Mom is not well physically & to some extent emotionally. What result Not sure if she can appear.
Kathryn's answer
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Answered on August 06, 2012
If a debtor is physically not capable to attend the meeting, it could be possible to arrange for a teleconference but you will have to file the...
Archived
While being pressured into things such as magazines ect' I made it perfectly clear that I was not interested.
Kathryn's answer
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Answered on August 06, 2012
Look in the first few pages of the magazine. You should see publisher's information listed such as: Editor in Chief, executive editor, etc.. and...
Archived
Chapter 7 means test. I have rental property that loses money every month. since it shows as zero income, also list as sec debt
Kathryn's answer
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Answered on August 03, 2012
Agree with other counsel comments. I'm not sure what you are trying to accomplish, but if you are trying to show that you qualify for chpater 7...
Archived
Bankruptcy in california. how home equity much can senior citizen couple exempt? Is there an income requirement 4 exemption?
Kathryn's answer
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Answered on July 31, 2012
C.C.P. § 704.730 ~Automatic homestead (debtor is a senior, disabled, or 55 years of age or older and has limited income)
so someone 65 years of...
Archived
I have been paying Sallie Mae every month per the Repayment Statement they sent me 2 years ago. Now they sent me a new one!
Kathryn's answer
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Answered on July 31, 2012
Private student loans have variable interest rates tied to an index (so it's like LIBOR plus 3.75% or whatever your promissory note states. You'd...
Archived
I want to short sell one of my rental property. How will this affect me and other rental properties which has some equity?
Kathryn's answer
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Answered on July 28, 2012
Talk to your tax person about whether there will be any tax consequences to this.
Be careful with taking on student loans as a co-signor. ...
Archived
I need help with a collection from eviction of last rental property/ how to remove from my credit report
Kathryn's answer
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Answered on July 28, 2012
Beware that there is a statute of limitation, within which the creditor can file a lawsuit in order to collect on the debt. Making a payment or...
Archived
Having three single family rentals in Los Angeles. they are upside down. will the debt forgiveness program apply in this case?
Kathryn's answer
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Answered on July 28, 2012
I'm guessing you are trying to get an answer to a tax question, might be better to repost in Tax category to get answer from attorneys who deal...
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