Archived
Can I recover court-ordered medical bills from my ex for our son now that she has declared CH.7 bankruptcy?
Stephen's answer
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Answered on December 16, 2011
You will most likely need to go back into family law court to to have the court order on the medical debts enforced against the mother of your...
Archived
How can I file an avoidance of lien?
Stephen's answer
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Answered on December 16, 2011
The pre-petition judicial liens become "void" upon discharge of your bankruptcy although they will remain valid against any realty you owned on the...
Archived
Being sued for only Medical collection... Surgery was over 4 years ago but insurance payment was less than 4 years ago...
Stephen's answer
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Answered on December 16, 2011
I agree with my colleagues. Considering the dollar amount, the frustration of trying to fight it in the legal system, and the amount of time you...
Archived
After chapter 7 discharged the house not reaffirm do I still liable for the house damages?
Stephen's answer
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Answered on December 16, 2011
Generally you will not be held liable for the condition of the home, post-discharge/foreclosure, unless you intentionally caused damage to or...
Archived
In a Bankrupty what does unsecured vs secured mean...
Stephen's answer
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Answered on December 16, 2011
Secured debts are tied to an asset that is put up as collateral for the debt. An example would be a car loan or a mortgage. Unsecured debts are...
Archived
Meeting with bankrupcty attonery's on Monday. What questions should I be asking?
Stephen's answer
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Answered on December 16, 2011
Happy to hear you are consulting with an attorney. Key is to disclose, disclose, disclose! Do not hold back anything! Disclose all your assets,...
Archived
I am considering filing for bankruptcy. How will this affect my stock purchase palns through my employment? Right choice?
Stephen's answer
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Answered on December 16, 2011
Stock and stock options are assets that would need to be disclosed in your bankruptcy case and exempted, if possible. I strongly recommend that you...
Archived
Bankruptcy Question on Form
Stephen's answer
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Answered on December 16, 2011
These are routine questions that you must answer that assists the local trustee in doing their job. One of your obligations as a debtor is to...
Archived
Bankrupcty, 529 and a new born... Considering a Chapter 7 bankruptcy.
Stephen's answer
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Answered on December 16, 2011
A recent contribution to a 529 college savings plan would need to be disclosed in your bankruptcy schedules and exempted. Before making the...
Archived
How is a 529 savings plan affected by chapter 7 bankrupcty
Stephen's answer
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Answered on December 16, 2011
529 contributions may or may not be part of the bankruptcy estate depending on when the contributions were made amongst other factors.
You...
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