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I received a letter from a legal office of one of the creditors-Chapter 7. Creditor has an intention of filing 523(a)(2)A
Lysbeth's answer
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Answered on August 12, 2011
It sounds as though the creditor is getting ready for a "shake down" of you to get you to pay some money so they don't have to sue you to get even...
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Modification states that "Arrears" are classified as "Deferred" payments - can they be included in CH 13 plan?
Lysbeth's answer
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Answered on August 12, 2011
Actually you are required to include both the arrears and late charges in your chapter 13 payment plan. CHapter 13 is sufficiently sophisticated...
Archived
Schedule F - chapter 13
Lysbeth's answer
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Answered on August 12, 2011
Contingent/unliquidated probably doesn't apply to your debt. As to the date the debt was incurred, I usually put "ongoing" for credit card debt. ...
Archived
Chapter 13 - When does one find out who is making
Lysbeth's answer
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Answered on August 12, 2011
Anyone who wants to be paid must file a claim. The Notice the court sends out early in the case with deadlines for filing complaints, notice of...
Archived
My elderly mother has a checking account for her social security deposits. We have account at same bank. I will be fil'n chap 7
Lysbeth's answer
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Answered on August 12, 2011
The safest way is to disclose all the details. Since your mothers account is exempt as it is direct deposit social security money, the trustee...
Archived
There was a wit of execution issued to my bank account. I have a car that isn't worth much. Can they take my car?
Lysbeth's answer
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Answered on August 12, 2011
The cost of repossessing together with the exemption claim probably exceed the value of the car. Additionally, repossessing often devalues the car...
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Can an Adversary Proceeding to determine the validity and extent of a lien include the objection to the proof of claim?
Lysbeth's answer
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Answered on August 10, 2011
IF the claim relates to the same property as that being dealt with in the adversary, you can have a separate Claim for Relief which is the...
Archived
Can i file for bankruptcy and my husband not have too
i am on soc. sec and workmans comp and can not afford to pay credit cards
Lysbeth's answer
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Answered on August 10, 2011
YEs youi can file a chapter 7 on your own (without your husband). IF your husband is a co-debtor on the credit cards, the banks can proceed with...
Archived
Do we file personal bankruptcy or just wait for our already 2yrs. old debt to be over SOL or obsolete if we're without income?
Lysbeth's answer
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Answered on August 09, 2011
One fact which you might consider is the length of time you need to wait for the debt to become obsolete with credit reporting agencies - 8 - 10...
Archived
What do I do when I go to court for contempt?
Lysbeth's answer
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Answered on August 09, 2011
You do not say the type of court or lawsuit involving these documents - are they from some state court case or a bankruptcy adversary proceeding? ...
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