Questions answered by Scott Douglas Jordan

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Special Needs Trusts and Recovery

Scott's answer | Answered on April 19, 2011

An irrevocable trust and SNT are two different types of trusts that function practically the same. The biggest issue you are facing here is the...

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I was in a chapter 13 and defaulted. Should I start settling with debtors? Im told I have to wait 4 months to start a 7

Scott's answer | Answered on April 13, 2011

I agree with my colleagues. Your best option is to seek a conversion from Chapter 13 to Chapter 7, if you qualify. You should speak with your...

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We no longer want to keep our car. It was never reaffirmed and the loan is closed through bankruptcy. What should we do?

Scott's answer | Answered on March 30, 2011

Yes, you can stop making payments and BofA cannot sue you for any deficiencies. Good luck.

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I own a small S-corp. I am considering filing PERSONAL bankruptcy chapter 7. How will by small biz and income be looked at in bk

Scott's answer | Answered on March 23, 2011

I agree with my colleagues. Your ownership interest in the S-Corp is considered a personal asset and must be valued as such. Your income will...

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Need help. i got summoned for two credit cards for same company in process of filing bk but bk attorney states he needs to ask

Scott's answer | Answered on March 17, 2011

Your bankruptcy attorney can call the credit card company's attorney and ask for a 2 week extension to file an answer, which should provide enough...

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Can we keep our home and file bankruptcy?

Scott's answer | Answered on March 16, 2011

I agree with my colleagues. In determining which form of bankruptcy is best for you, you should consult with an experienced attorney. I have...

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How do I find out if a copy of a deed is legal?

Scott's answer | Answered on February 25, 2011

The answer to your "real" question is dependent on the facts and your father's medical circumstances. If you suspect the "new" wife unduly...

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In filing for bankruptcy will I loose my house which is paid for.

Scott's answer | Answered on January 25, 2011

I agree with my colleagues. You may be able to expempt most or all of the equity in the house. You should speak with an attorney. I provide a...

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What can I do to get out of the debt thats hovering over me because someone else broke our written contract?

Scott's answer | Answered on January 19, 2011

It is difficult to answer such a complex case in a general blog like this. However, I do agree with my colleagues. You describe a potential...

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Will i qualify for chapter 7?

Scott's answer | Answered on January 13, 2011

You are asking several questions which would be more appropriately answered over the telephone. I am a local attorney and encourage you to call...

Scott Douglas Jordan's Answers (266)

Special Needs Trusts and Recovery

I was in a chapter 13 and defaulted. Should I start settling with debtors? Im told I have to wait 4 months to start a 7

We no longer want to keep our car. It was never reaffirmed and the loan is closed through bankruptcy. What should we do?

I own a small S-corp. I am considering filing PERSONAL bankruptcy chapter 7. How will by small biz and income be looked at in bk

Need help. i got summoned for two credit cards for same company in process of filing bk but bk attorney states he needs to ask

Can we keep our home and file bankruptcy?

How do I find out if a copy of a deed is legal?

In filing for bankruptcy will I loose my house which is paid for.

What can I do to get out of the debt thats hovering over me because someone else broke our written contract?

Will i qualify for chapter 7?