Chapter 20?

There is no formal Chapter 20, that is just a slang term we use for a Chapter 7 followed by a Chapter 13. It is sometimes used by people who are...

Loan mod in chapter 7?

I agree that owner occupied properties are far more likely to get loan mods than rentals. However, I have found that banks are receptive to...

Loan mod in Chapter 13?

We have found that banks are wiling to consider loan modifications for our clients while they are in bankruptcy. The bankruptcy makes it more...

I have two homes. 1 is in review and the other is a rental home. Will banruptcy hurt me to file now?

Our experience has been that lenders usually stop talking to our clients about loan modifications upon filing of a bankruptcy. However, they will...

Can you file for bankruptcy even if you don't know the total you owe?

You can file bankruptcy even if you don't know exactly what your liability will be after foreclosure. Filing before the sale can delay the...

I want to file bankruptcy. How will this effect my husband?

If all your debt was incurred before marriage, your husband should not be affected by your bankruptcy. You do need to list all his assets. ...

The letter you received means that the Court has given the debtor their legal permission to not pay their debts. You don't need to do anything...

I am an unsecured creditor in a Chapter 7 case, the dollar amount involved is approx $7,000.00

It sounds to me like it is possible that you could bring an action against the debtor alleging that he hired you under false pretenses and that...

Overseas assets in bankruptcy.

When you file a bankruptcy, you must list all your assets. However, not all assets are required to be sold. Some can be protected using exemption...

Bank insists we sign reaffirmation agreements before they will consider renegotiating terms. Are they taking advantage of us?

We are finding that many of our client's creditors are also demanding that reaffirmation agreements be signed before they will negotiate on terms. ...