Bankruptcy

You can indicate an intention to reaffirm the car debt when you file your Chapter 7 petition, enter into a reaffirmation agreement with the lender...

Can we keep our primary home, a second vacation home and 2 autos in a chapter 7 bankruptcy. Neither homes have equity.

It seems like your property will be able to fall within the exemption amounts allowed under the Bankruptcy Code (or close enough) so everything...

Bankruptcy

It depends on the loan. Your child can apply for federally-insured student loans or private loans through his school and the lender will not check...

Bankruptcy Q. My minor son got a car as a gift from a relative. It was put in my name bc he's a minor. Is this my asset in bk?

Yes, that car will be in your bankruptcy estate as any asset you possess or have title to will be. If your son is too young to get a driver's...

Will contacting a lawyer after her failure to validate the "debt" under FDCPA mean that I agree that the debt is valid?

I believe the attorney will claim that you were previously provided notice of the debt and failed to contest its validity. Undoubtedly, she also...

Converted to chpt. 13, moving sale date Now how can I extend sale date just in case it's dismissed or stay lifted?

Once you file bankruptcy, ALL foreclosure processes are stayed, barring an order from the bankruptcy court lifting the stay. The notice from the...

When a means test is done to see if you can file a chapter 7,do they look at the net amount or the gross amount?

The Means Test first compares your income to the state median income. If you are below it, then no problem: you qualify for Chapter 7. In CA, the...

Credit reports are frequently inaccurate. Generally, student loans cannot be discharged through bankruptcy. If, however, you or your attorney...

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Can creditors reach my lcc company assets ?

Generally, in California, asset transfers where you do not receive adequate compensation done years before the filing of a Chapter 7 bankruptcy...

I filed 7 in july 2008,discharged in nov 2008, included b of a for my house.Can I file 13 to stop trustee's sale set for sepr 19

Your description is somewhat vague. Do you mean to say that in your 2008 Chapter 7 petition you chose to continue paying your mortgage? But in...