Archived
Credit bureau Q. Rec'd chapter 7 discharge last yr in CA. Mortgage bank finally doing trustee sale on home. New harm to credit?
Bruce's answer
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Answered on August 23, 2011
Because the debt was discharged as part of your Chapter 7 case, the later foreclosure sale should not affect your credit rating.
You should...
Archived
Converted to chpt. 13, moving sale date Now how can I extend sale date just in case it's dismissed or stay lifted?
Bruce's answer
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Answered on August 23, 2011
The following are my answers:
1. A lender may not foreclose while you are in BK without filing and obtaining an order granting relief from...
Selected as the best answer
Archived
What is my personal liability for taxes owed by a CA LLC?
Bruce's answer
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Answered on August 21, 2011
Members of an LLC are not personally liable for the debts of the LLC unless they personally guarantee them.
In this case, there is not a...
Archived
I want to file Ch7 bankruptcy. Will the creditors go after my husband for the money if he is not filing?
Bruce's answer
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Answered on August 21, 2011
Debts made prior to marriage are not the obligations of your spouse and are solely your debt.
As long as all of your debts are pre-marital a...
Archived
Can I file bankruptcy?
Bruce's answer
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Answered on August 21, 2011
Your question is complex.
We would need to know if you have equity in your properties or not.
1. If you have equity in the properties...
Archived
Premarital agreement, not divorcing, one spouse filing bankruptcy
Bruce's answer
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Answered on August 21, 2011
The Trustee is correct concerning listing the non-filing spouses income and assets.
The issue is whether or not the income and assets are...
Archived
Can I have my mortgage cleared in chapter 7, if my my bank sold loan its now a mirtgage backed security. I had world savings,
Bruce's answer
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Answered on August 21, 2011
You can have your mortgage debt discharged in BK if you qualify for Chapter 7 and surrender the property back to the lender.
You should contact...
Archived
I received a request for entry of default today, what do i do next?
Bruce's answer
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Answered on August 18, 2011
The court will will enter a default judgment eventually as it appears that you have failed to respond to the summons and complaint and the...
Archived
I'm thinking about BK, Chapter 13.
Bruce's answer
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Answered on August 18, 2011
No lien strip in this case because the value of the property exceeds the 1st.
Archived
Currently in a Ch. 13 BK-My car was totaled & I need to replace it with the money I receive, do I need to ask for permission?
Bruce's answer
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Answered on August 18, 2011
Because your car was exempt at the time of filing you should be able to use the insurance proceeds to purchase another vehicle. I don't think you...
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