Exactly when does the chapter 7 Automatic Stay end? At Discharge? Closure? I know that the discharge itself is an injunction.
Lysbeth's answer
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Answered on May 25, 2011
The automatic stay which goes into effect upon filing the bankruptcy terminates upon discharge, so there is nothing to get relief from. However,...
Archived
Does adding a creditor in a chapter 7 case extend the deadline to object as to that creditor?
Lysbeth's answer
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Answered on May 25, 2011
Two things should have occurred here - notice of the bankruptcy should have been given to the creditor and the creditor did not make a motion to...
Archived
Already rec'd chapter 7 discharge (few days). now out of state lawyer files applic to appear in case. What gives? deadlines pass
Lysbeth's answer
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Answered on May 25, 2011
THe deadline for objections is normally final and not subject to extension. It is possible and even likely that they just missed the deadline and...
Archived
What happens if I am in a Ch 13 which has not yet been confirmed and I need to foreclose on my home?
Lysbeth's answer
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Answered on May 25, 2011
You can stipulate with the lender for surrender of the property but this is a very serious decision, not to be taken lightly and with consideration...
Archived
Ignore summons and file bankruptcy?
Lysbeth's answer
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Answered on May 24, 2011
Firstly, ignoring a summons always seems to invite a bench warrant for arrest - judges hate people who ignore court orders..I am assuming from...
Archived
Leavin Debt Settlement co. to file chapter 7 bankrupcy instead. What about $ paid to Debt Settle over past year? some did settle
Lysbeth's answer
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Answered on May 24, 2011
Contact the debt settlement company and ask how much of your payments has been distributed, or how much of your payments is the company holding. ...
Archived
Can someone please explain how the "Family Unit" idea when exempting home equity in a California Chapter 7 bankruptcy
Lysbeth's answer
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Answered on May 24, 2011
It appears that youi are referring to California homestead statutes. A homestead is the setting aside and protecting a certain amount of the...
Archived
I am interest in purchasing a home that is in bankruptcy but cant actually purchase until the end of Nov 2011 can I lease to own
Lysbeth's answer
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Answered on May 24, 2011
I'm missing some information. When a person or entitiy is in bankruptcy they really don't own the property - the chapter 7 trustee becomes the...
Archived
CAN I KEEP MY CARS AND HOUSE IF I FILE CHAPTER 13
Lysbeth's answer
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Answered on May 24, 2011
Chapter 13 is a "keep and pay" type of bankruptcy. Adding up all the assets you want to keep will give you an indication of what your chapter 13...
Archived
If a debtor files for Chapter 13 and operates a sole proprietorship, does he have to disclose the business accounts?
Lysbeth's answer
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Answered on May 24, 2011
DIsclosure is required. The title of the case should be 'In re John Doe, dba XYZ, LLC" or something similar. The name of the business should be...
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