Archived
Bankruptcy: I give my Dad $150 a month for his meds. What kind of information do I need to bring to the bankrupt trustee?
Michael's answer
|
Answered on September 11, 2012
The law does not specifically describe what documents you need to provide for this kind of expense. Your obligation is to cooperate with the...
Chapter 7 Question: What does the attorney mean when he/she wants the last 6 months of paycheck stubs?
Michael's answer
|
Answered on September 07, 2012
The law reviews income for the 6 complete months prior to filing. The check received on September 10th will show year to date income through...
Archived
In a Chapter 7 bankruptcy in Los Angeles, how much are you allowed to budget per month for groceries, gasoline, etc.?
Michael's answer
|
Answered on September 05, 2012
To qualify for chapter 7 there are several tests. The primary test is a comparison of your income (may include a spouse if married and not...
Archived
During a open ch7, just 32 days after creditor hearing and while negotiating with a secured auto lender, CAN the lender repo car
Michael's answer
|
Answered on August 28, 2012
Once a chapter 7 is filed, all assets (everything you own) are protected until either the court issues a discharge or the lender files a motion for...
Archived
If I file for chapter 7 bankruptcy will this affect my home mortgage
Michael's answer
|
Answered on August 15, 2012
Filing a chapter 7 will not undo your previously approved hamp modification. Loans are routinely transferred from one lender/servicer to another,...
Archived
After mortgages, $100,000 homestead, 7% selling cost, 25,000 equity left. Can home owner arrange payments rather force sale?
Michael's answer
|
Answered on August 08, 2012
In chapter 7 you give the trustee control of all assets not considered necessities of life. The law is very precise about what is considered a...
Archived
Hi, I am unemployed, but my wife has a very good job. Can I file for Chapter 13 bankruptcy in California without her?
Michael's answer
|
Answered on July 25, 2012
The idea in chapter 13 is to pay your creditors to the best of your ability. You are entitled to file without your spouse, however, her income...
Can I refile my Chapter 13 if dismissed for not turning in tax return and refund
Michael's answer
|
Answered on July 23, 2012
The law limits how often your debts can actually be forgiven. If your case is dismissed, then your debts will be reinstated not forgiven. This...
Archived
What address to use for creditors on Schedule F?
Michael's answer
|
Answered on July 16, 2012
The law refers to giving notice to the creditor. That means you can use either the address on a credit report or the address from a statement. If...
Archived
What is the best and cheaptest way to get a credit report?
Michael's answer
|
Answered on July 02, 2012
Most attorneys do charge to get a copy of a credit report. You can quickly and easily get the 3 major credit reports using...
Ad
Transform legal challenges into solutions.
Connect now to review your situation.
The Avvo Rating explained
The Avvo Rating explained