Archived
If a debtor in bankruptcy chptr. 13 fills out their schedule d where it states Nationstar Mortgage holds a secured claim, but
William's answer
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Answered on October 01, 2015
The Bank agreed to loan money to the Debtor not the property. The property is the collateral. You cannot change the Bank's borrower without the...
Archived
Will this (see below) be enough to have an apartment lease collection removed from my credit report?
William's answer
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Answered on October 01, 2015
You need to formally dispute the item on your credit report. You have a good basis to dispute the report, they bureau will remove it and give the...
Archived
Filed ch. 7 BK in July and included my home. bank has filed a motion for the stay to be lifted. How long can I live in the house
William's answer
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Answered on October 01, 2015
The lender will have to wait until the stay expires or get relief from the stay and then they can start the 4 month process. You may actually end...
Archived
Ex Spouse had medical bills before divorce. Am I liable if he declares bankruptcy?
William's answer
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Answered on October 01, 2015
Debts incurred while you are married are a community obligation. Most medical providers will not pursue you if your ex discharges the debt in...
Archived
Should I be paying my lender?
William's answer
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Answered on October 01, 2015
A lender that is in violation of the law is still entitled to be paid the money they loaned. You and the government have other remedies - fines,...
Archived
Start up and Bankruptcy
William's answer
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Answered on October 01, 2015
You must list your interest in the start up. It is probably stock and probably has no value so the Trustee will probably leave it alone. If it...
Archived
Mortgage included in Ch7, later sold to another lender. Can the new lender report ANYTHING on my credit report?
William's answer
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Answered on October 01, 2015
Yes a secured creditor still has a lien and they can report. Some lenders do not report if there has been no reaffirmation, but there is no law...
Archived
Can a discharged debtor (chapter 7 BK) continue to report a balance owing after the debt is officially discharged?
William's answer
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Answered on October 01, 2015
The creditor whose debt is discharged can report that the balance is zero and that it was discharged in bankruptcy. If the Creditor is reporting an...
Archived
What is my best bankruptcy option
William's answer
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Answered on September 29, 2015
Bankruptcy might help you but deciding whether you should file Bankruptcy and if you do whether it should be under Chapter 13 or Chapter 7...
Archived
Should I file bankruptcy? Or take some other action(s)?
William's answer
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Answered on September 29, 2015
You may benefit from a Chapter 7. Get a free consult with a local bankruptcy attorney. There are a lot of moving parts to consider here. You need...