Archived
Bankruptcy in California, the 704 homestead exemption increases for low income debtor. What income matters? last year? Now?
Brian's answer
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Answered on October 14, 2013
Now.
Archived
Currently 1.5 years in 5 year Ch13 with arrears in the Ch13. Now want to get out of condo, what is best way forward?
Brian's answer
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Answered on October 14, 2013
Another option is to convert to Chapter 7 (if you qualify) and then do whatever you want with the condo.
Archived
I have back taxes from 2010. If I file bankruptcy today, will I be able to discharge those taxes?
Brian's answer
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Answered on October 14, 2013
No. Even if you filed your return in April, 2011, you would have to wait until next April to file.
The 3 yrs applies to when the return was...
Archived
If a chapter 13 bankruptcy is open...does that mean you are still making payments on it?
Brian's answer
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Answered on October 14, 2013
Open means open, whether she is making payments or not. Of course, if she is not making payments, it won't be open for long. Closed means closed,...
Selected as the best answer
Archived
Will the decision by the judge in adversarial proceeding hold still if later on the bk is dismissed?
Brian's answer
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Answered on October 14, 2013
A judgment in an AP will remain so; but, without any facts, cannot say if there will be any relevance.
Archived
Chapter 13 how do I submit income?
Brian's answer
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Answered on October 14, 2013
Is there some reason you are not filing Chapter 7?
Archived
Have a mortgage with a cosigner, she refuses to pay. thinking of chapter 13 would this mean she is off the mortgage? she moved
Brian's answer
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Answered on October 13, 2013
If she files Ch13, she will have the option of rejecting that mortgage and her interest in the house ... so, yes, upon completion of her Plan, she...
Archived
Im confirmed in a chptr 13 bk...my payments are 1000/month
Brian's answer
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Answered on October 11, 2013
Yes ... but good luck.
Archived
How does cramdown work? Currently I owe 22k on my car but 2k of it is unpaid interest. I bought the car 1 yr ago. Can i pay 20k?
Brian's answer
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Answered on October 10, 2013
A cramdown crams your balance down to the current fair market value, not the principle balance ... but you can only do this in a Ch13 if you...
Archived
Does a discharge in Chapter 7 bankrutpcy discharge past homeowners association dues? What about penalties?
Brian's answer
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Answered on October 10, 2013
Past HOA dues & penalties are dischargeable but not those which accrue after your case is filed. However, if the HOA obtained a lien, that lien...
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