Considering filing bankruptcy on a joint bank account, do we both have to file?

As explained by my colleague, $7,000 in debt does not justify a bankruptcy filing in the usual case. You may be able to settle the debt for close...

Lien on the foreclosed property

As a homeowner you have a duty to pay HOA dues pursuant the CC&Rs encumbering your property. If you don't pay, the HOA will assess the unpaid dues...

Have a first and second on my house if i foreclose am i still responsible for the second? Can i walk away from both?

If both loans were for purchase money (funds used to make the initial purchase of your home) and it is your residence and not an investment...

Will my children's savings accounts (my name on the accounts as custodian) be affected if I file for bankruptcy?

This is a question that definitely requires consultation with an experienced bankruptcy attorney. The trustee could easily view the accounts as...

I filed for Chapter 7 and now I am going to convert to Chapter 13. If my plan is not approved, can I go back to the 7?

If your Chapter 13 plan is not approved you can convert back to a Chapter 7 assuming that you qualify to file Chapter 7. That may not provide you...

Will chapter 13 release leins on home from creditors...bham al?

Depending the specific lien amounts and other factors and what type of bankruptcy you file, you may be able to remove some liens in bankruptcy. I...

Can a debt collector call my job

The Fair Debt Collection Practices Act prohibits a third party debt collector from contacting your job after you have notified them that you do not...

As long as you have acted honestly and there are no allegations or proof of fraud in your bankruptcy, it should not affect your license status. ...

Can a family member bring me current on my mortgage while I"m in a Chapter 7 (or even before?)

Your mother in law paying for your mortgage arrears does not constitute income (unless she was repaying the arrears in compensation for work you...

Is there a statute of limitations on how long a collection agency can come after someone.

The statute of limitations on an action on a written contract is 4 years in California. Most creditors or collection agencies will calendar the 4...