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I have a chap 7 filed 10/ 5,2005- prior to new law being enacted 10/17/05-why is this case not subject to 6 yr waiting period?
Bruce's answer
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Answered on June 04, 2013
I do not believe that the bankruptcy law in effect on October 5, 2005, contained any provision that gave the debtor filing on that day, and, who...
Archived
Filing BK 7. Only secured debt Honda Civic 2009 (car). On time in payment. Want to keep it. Pls. advise action to take.
Bruce's answer
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Answered on June 04, 2013
Contact the creditor. Tell them you want to reaffirm. They should send you a reaffirmation agreement. It is detailed, and, it needs to be...
Archived
Chapter 7 bankruptcy meeting of creditors. What rules as to when trustee can access pending commissions from Real Estate agents?
Bruce's answer
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Answered on June 04, 2013
A bankruptcy attorney would list an accounts receivable on Schedule B and claim it exempt on Schedule C, if there is an available exemption.
If...
Archived
Will they attack my minor child business during Bankruptcy?
Bruce's answer
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Answered on June 03, 2013
The first thing I would want to know, is if the value of the child's business is greater than your allowed exemptions. If it is, you could expect...
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I filed Chapter 7 to halt a trustees sale scheduled by my loan servicer. 3 months later BK was discharged. 3 months later
Bruce's answer
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Answered on June 07, 2012
You should know that bankruptcy discharges can be revoked and the most common ground for revocation is failure to timely disclose assets. ...
Archived
Chapter 7. How do I deal w/ a car payment I make for a car & loan that is actually in my brother's name?
Bruce's answer
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Answered on June 06, 2012
I would list the car in Paragraph 14 of the Statement of Financial Affairs. The car is property you are controlling that really belongs to someone...
Archived
Re-How do we surrender our home while in chapter 13, without filing a chapter 7
Bruce's answer
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Answered on January 28, 2012
I think you're pretty amazing if you got a plan confirmed pro se.
I'm sure you already know that the first step in modifying a plan is to...
Archived
In Calif. under a writ of execution on homesteaded property, can the home be sold at less than 90% of fair market value.
Bruce's answer
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Answered on January 28, 2012
According to CCP 704.780(d), the court "may" appoint an appraiser to determine the fair market value. Court is probably not going to do that on...
Archived
What are the requirements for bankruptcy?
Bruce's answer
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Answered on December 22, 2011
If you are looking for a technical answer to your question, the question of who may be a debtor is answered by Section 109 of the Bankruptcy Code. ...
Archived
Am I a good candidate for bankruptcy?
Bruce's answer
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Answered on December 22, 2011
I have often told people in your situation that you need all of your money to pay your living expenses. Filing bankruptcy doesn't increase your...
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