Archived
Is a hearing for a motion to remove stay from chapter 13 bnkruptcy considered and "adversary proceeding"?
Aaron's answer
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Answered on September 21, 2015
If you were served a subpoena, you must appear at the Court. Appearing before the bankruptcy court is a formal process. Each court has its own...
Archived
If someone reports in their bankruptcy schedule Property held for another" that the person they hold the property for used to
Aaron's answer
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Answered on September 20, 2015
As Mr. Baumer pointed out above, the "bankruptcy estate" is very broad. If may in fact include ownership interest in any real property. You want to...
I Filed bk 7 in 2010. I worked out a modification with my 1st Mortgage lender and had a HELOC which was listed as unsecured
Aaron's answer
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Answered on September 17, 2015
HELOC likely has a recorded lien on your house. Depending on the circumstances, a Chapter 13 will allow the debtor to strip his or her junior lien....
Archived
After filing Chapter 7 bankruptcy, how long does it take to trade my car for another one?
Aaron's answer
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Answered on September 17, 2015
Generally speaking, it typically does not take 7 years to rebuild your credit. It all depends on how you go about managing your credit...
Archived
Can you surrender more that one car in chap 7 bankruptcy?
Aaron's answer
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Answered on September 11, 2015
Yes, you can surrender your June car in bankruptcy as long as the creditor does not prove you never intended to pay back the car loan when you...