Archived
I have multiple accounts with the same collection company. Does each account number have to be listed in bankruptcy?
Lysbeth's answer
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Answered on May 23, 2011
While it is not required by the Bankruptcy Code, it is helpful for the creditor who has thousands of cases to sort through. Your case will not be...
Archived
How do I remove my wife from my CH7 Bankruptcy filing
Lysbeth's answer
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Answered on May 23, 2011
Chapter 7 filing is usually irreversible - it canot be undone except for highly unusual circumstances. Removing one spouse from a chapter 7,...
For Chapter 7 bankruptcy filing: how many years of tax returns must be produced and how many months of bank account statements?
Lysbeth's answer
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Answered on May 23, 2011
Judgment liens can be removed if they impair (eat into) your homestead. If you have not done so, it is important that you protect the equity in...
Archived
My husband and I are separated but filing a joint chapter 7 bankruptcy.
Lysbeth's answer
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Answered on May 23, 2011
You should file where you 'reside' or where you have assets. In California the residence requirement is tied to where you vote. So if you both...
Archived
To file or not to file Chapter 7?
Lysbeth's answer
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Answered on May 22, 2011
To determine if it would be good to file bankruptcy - first add up the current value of all your assets (what you own) and then add up all your...
Archived
What are the risks of filing for bankruptcy? Will I have trouble applying for student loans?
Lysbeth's answer
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Answered on May 21, 2011
One of the fundamental principles of bankruptcy is the "fresh start" debtors get with their discharge. Along with that concept is a bankruptcy...
Archived
I'm going to be filing chapter 7 bankruptcy because of a foreclosure,but it won't be for several months.
Lysbeth's answer
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Answered on May 21, 2011
If you stop payments on your car it will be repossessed. If you are not planning on keeping the car, that would be o.k. That event will be on your...
In Chapter 13 what does confirmation of the debtors plan is denied and what do I do next?
Lysbeth's answer
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Answered on May 21, 2011
Chapter 13 plans are more akin to "proposals" which are made and subject to objections by creditors, trustees or 'interested parties'. Once...
Archived
Personal Chapter 7 Discharged But Not Closed - Can I Quit or Reverse the Unclosed Chapter 7
Lysbeth's answer
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Answered on May 21, 2011
Normally one cannot dismiss a chapter 7, especially after the discharge is granted. Getting a discharge is the whole point of chapter 7. However,...
Archived
Summary Judgment.filed a motion for summary judgment in an adversary proceeding pursuant to 523(a)(2)(A) an 523(a)(6)
Lysbeth's answer
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Answered on May 20, 2011
You should not have to make a new motion. Set your S.J. motion for hearing and notice the hearing to the other side. At the hearing, remind the...
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