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I have student loans and am thinking about filing a Chapter 13 Bankruptcy . Will I be able to make normal payments ?
Rex's answer
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Answered on March 06, 2013
In the Central District of California you generally have two options.
1) For student loans that that will be paid off over 5 years from the...
Archived
Can individual employer discharge in bankruptcy lawsuit filed against his corporation?
Rex's answer
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Answered on March 05, 2013
In the case where the shareholder/individual files for bankruptcy:
The individual can receive a discharge of any unsecured debt owed to you, if...
What is considered real and personal property for bankruptcy purposes? I have a car but do not on it, making payments.
Rex's answer
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Answered on March 04, 2013
Real Property is land, improvements on the land as well as things attached to the property or land.
e.g. homes, condos and time...
If the IRS has a levy against your bank account will filing a Chapter 13 bankruptcy allow a person to access his account ?
Rex's answer
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Answered on March 04, 2013
One the lien is placed on your account, the IRS and Bank have a process to withdraw the funds. The IRS generally must give you 30 days notice...
Archived
I am currently married and looking to file BK individually. I know I have to include my spouse's income, but I have 2 questions:
Rex's answer
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Answered on March 04, 2013
1) As the others have said, the Trustee can always request the bank statements. California is a community property state. Remember, in most...
Archived
My ch . 7 bankruptcy was discharged in approx . Aug . of 2006 , when am i eligible for another ch . 7
Rex's answer
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Answered on March 04, 2013
Did you file a Chapter 7 or a Chapter 13? Was your debt discharged? Or was your case dismissed?
Chapter 7 filing to Chapter 7 filing: if you...
Archived
Can we file for Chap. 13 Bankruptcy if our only income is Soc. Security, & Retirement. We have about $200 disposable income.
Rex's answer
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Answered on March 04, 2013
Yes you may file a Chapter 13. However, with the facts you provided, a Chapter 7 would probably be a better fit for you. I would have to agree...