When a 2nd mortgage holder is awarded a deficiency judgment in VA, what can they legally do to affect collection?

As Attorney Lewis stated, your non-exempt property, including your personal possessions and income, may be garnished to satisfy the judgment. The...

On SSDI, got into a car accident. I have unsecured cc debt & passed the SOL. Can collectors come after my pain & suffering award

In California, you can exempt from creditor judgment-garnishments pain and suffering awards that are needed for support. However, since the default...

I filed chapter 13 bankruptsy about a year and a half ago. Can I form an llc and borrow money to buy a farm

I am kind of curious why you chose Chapter 13 over Chapter 7 if you do not own any land and lost what seems to be most of your income but that's a...

I FILED BANKRUPTCY IN 2010 AND INCLUDED MY HOME AND MOVED OUT 12/2010. THE BANKRUPTCY WAS DISCHARGED 10/2011. I SENT A LETTER

You are still on the title of the property regardless of your "surrender" in bankruptcy court. As such, you're still responsible for property taxes...

Will compensaton for pain and suffering, awarded to my husband be consider an asset when filing for a chapter 7 bankruptcy

Yes, pain and suffering awards are assets. Also, a pain and suffering award is considered income for purposes of the Chapter 7 Means Test; if...

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The general nationwide rule is that creditors may not garnish more than 25% of your disposable earnings (under certain circumstances, it can be...

Was laid off in August. trouble finding work. Running out of money.Should i file bankruptcy?

Your 401(k) is exempt from a bankruptcy liquidation (i.e., it will pass through bankruptcy unaffected). If you are considering using that money to...

Real Estate/Loan Modification/Bancruptcy/Foreclosure I am delinquint on my mortgage and foreclosure procedure has started.

If you simply cannot afford the mortgage and HELOC payments any longer, it may be best to walk away from the house either in or out of bankruptcy....

Proofs of claim not filed in Chp. 13 plan. What next?

Completely depends on the type of debt. All unsecured debt is not treated equally.

Ii just got off t he phone ftc and told her a lady nikki called me from a payday loan that I owe in 2009 on wednesday and she

Here is the number one rule concerning payday loan agencies: they lie. Constantly. They will threaten you with criminal actions, threaten to seize...