My income is above the median income in my area, Can I still qualify for a Chapter 7 Bankruptcy?

Many attorneys will assume that if your average gross income substantially exceeds the median for your family size, then you will not qualify for...

Is the burden upon the Creditor to prove misuse, fraud or running up a credit card, when objecting a bankruptcy discharge?

Actually, if cash advances over $925 were taken within 70 days or "luxury" purchases over $650 within 90 days, there is a presumption of...

Junk debt is debt bought by collection agencies for pennies on the dollar. I have not found that "junk debt" discharge objections are becoming...

Request verification of the debt ... in writing.

In BK case, how common is it for creditor to object discharge of credit card transactions (not luxury) but over $500, >90 days

It is very uncommon for creditors to object to dischargeability of credit card debt. But when they do, it's for cash advances and/or "luxury"...

Is it common for 341 Trustee meeting in USBC Central Dist CA, to ask purpose of prior CC charges leading up to BK filing?

It is not common ... but it will happen from time to time - depending on how much debt you incurred (relative to your income) in the year prior to...

Selected as the best answer

My HOA just foreclosed on my home and bought the property at auction. The house is "upside down" about $150k. My options?

The HOA took the property subject to the 1st mortgage. As long as they make the payments on the mortgage, they will continue to own (and probably...

Can I retain two bankruptcy law firms for $100 each and decide who I am going to use and pay for the filing in a month or two?

It sounds like you've already decided ... and it sounds like a good choice. Practically speaking, what you are proposing can be done ... as long...

I live in Mass., and am planning to be married next month. I am in a Ch 13 bankruptcy and am wondering how best to protect my

Your social security number is unrelated to and has nothing to do with your fiance's credit. Marrying someone cannot affect his/her credit unless...

My attorney did not respond to my mortgage company's motion to lift the bankruptcy stay.

Mr Caldwell is absolutely correct. If no Opposition to the Motion was filed, the court is well within its rights to grant the Motion. If opposing...