Archived
Can I rent out my two rental properties (former homes) after a Chapter 7, while I am waiting on bank to foreclose?
Christopher's answer
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Answered on February 28, 2011
I agree with the other attorney. Note also that you should keep your rental property properly insured against liability, personal injury, etc....
Archived
If file amended chapter 7 sched f to list additional creditor & amend new matrix to list that creditor, will others get notice?
Christopher's answer
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Answered on February 28, 2011
Note that the creditors don't get anything except the original notice of the meeting of creditors and the discharge order. They do not get notice...
Archived
Effect of personal chapter 7 bankruptcy on my (single-member) LLC
Christopher's answer
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Answered on February 04, 2011
I agree with Attorney Bunce.
However, if you have credit cards which have a zero balance on the day of filing, then you don't owe a debt on...
Archived
We file chapter 13, cause our means test put us over by 4000.00 cause of the 6 month paid stubs.
Christopher's answer
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Answered on January 28, 2011
Remember that there are two steps to the means test. The first is whether you are over or under the median income based upon the last 6 months of...
Archived
Which lawyer should I hire? I was sued by Zwicker & Associates in Gwinnet state court . Need help to hire a lawyer.
Christopher's answer
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Answered on January 28, 2011
You might try hiring a bankruptcy attorney and giving Zwicker that attorney's name. They might call the attorney and offer a settlement knowing...
Archived
If I file bankruptcy without my wife, do they include her income too?
Christopher's answer
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Answered on January 28, 2011
Your wife's income will be included and so will assets you own jointly. The exemptions are the same whether you are filing with or without your...
Archived
If my wife files bankruptcy alone without me, what information will I have to give?
Christopher's answer
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Answered on January 28, 2011
Note also that although your income will be included, on the Means Test your wife can take a marital deduction for that part of your income that...
Archived
Any problem with buying a house?
Christopher's answer
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Answered on January 27, 2011
If your tax refund was exempt and the money you saved is from post-petition earnings, then you should be fine.
That said, generally you get...
Archived
Surrendering my home in chapter 7. Just got letter from Indymac demanding that I pay the property tax. Am I obligated to?
Christopher's answer
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Answered on January 27, 2011
I agree with the last post. Property Tax liability is enforceable only against the property, not you personally.
Archived
Which Chapter do I file for bankruptcy that will assist me in foreclosure of my second home? My first home is paid for.
Christopher's answer
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Answered on October 12, 2010
I agree with the prior poster, though Chapter 7 and/or Chapter 13 might be an option if you have generous "homestead" exemptions in AZ which are...
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