Archived
Due to a med. disability and lack of money, I am not able to pay my credit cards. Is it better to file BK or try debt relief?
Robert's answer
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Answered on April 27, 2015
Bankruptcy will probably be the better option for you, but consult with a bankruptcy attorney to be sure. Most of these debt relief companies...
Archived
I need to file bankruptcy (chapter 7) for a judgment rendered on me of $84,00 in California.
Robert's answer
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Answered on April 24, 2015
I can see from your question that you suffer form a misconception or two about bankruptcy. Please consult with a bankruptcy attorney in Colorado. ...
Archived
Chapter 7 bankruptcy in california. own home. have $50k owed to HERO program for upgrades. Does this reduce my equity for bk ?
Robert's answer
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Answered on April 24, 2015
I had a client with one of these once. We listed it as an encumbrance and reduced the equity accordingly. The bankruptcy sailed right through. ...
Archived
I loaned a friend a great deal of money ($26000) I want reimbursement but all she sends is $100 monthly. What legal is there?
Robert's answer
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Answered on April 23, 2015
IF you didn't get a promise to pay you back in writing when you lent her the money, there is not much you can do. If you sue her for the money,...
Archived
What happens to federal student loan after death?
Robert's answer
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Answered on April 22, 2015
I'm sorry for your loss. Anything with a payable on death designation goes outside of probate and is unavailable to the creditors if the POD is to...
Archived
About ten years so I opened some credit card accounts I lied about income, my circumstances have changed in my household
Robert's answer
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Answered on April 22, 2015
you probably have nothing to worry about, but consult with a qualified bankruptcy attorney to review your case and come up with a strategy. Go to...
Chase released lien / Debt still owed
Robert's answer
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Answered on April 19, 2015
First of all, CHILL! If Chase released the lien, odds are they are not going to come after you. Take a wait and see attitude. Time is on your...
Archived
Can I get info on Bankruptcy and what it entails to qualify
Robert's answer
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Answered on April 18, 2015
Most bankruptcy attorneys have websites with a wealth of information. You can go to mine if you like, www.firthlaw.com, and I am sure that the...
Archived
I have a 10 yr. old Sallie Mae loan for #30k, how can I get this removed?
Robert's answer
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Answered on April 15, 2015
The facetious answer is to pay it. The reasoned answer is probably the same. Student loans are exempt from bankruptcy unless you can prove a...
If a credit card bill has been charged off, can the Company send a 1099 for it?
Robert's answer
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Answered on April 14, 2015
Forgiven debt is considered income by the IRS. FYI, debt discharged in bankruptcy is not considered income.
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