Archived
I obtained a judgment against an individual who then proceeded through Ch 7. I was not named as a creditor. What can be done?
Michael's answer
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Answered on August 04, 2011
Double check to be sure you were not listed. Schedules D, E and F in the bankruptcy papers can include creditor names and information. A judgment...
Archived
Second mortgage stripping without bankruptcy?
Michael's answer
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Answered on August 03, 2011
There is no way to get a mortgage lender to just forget the loan without bankruptcy. That's too good to be true. The trouble you are having with...
Archived
Chapter 13 Plan has been amended; am I getting paid or not??
Michael's answer
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Answered on August 03, 2011
Claims objections refer to the amount of the claim to be dealt with in a chapter 13. Some claims are paid in full (child support, most taxes) but...
Can past judgments be discharged after Chapter 7 bankruptcy is granted?
Michael's answer
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Answered on August 03, 2011
Chapter 7 will discharge the judgment but if the judgment was recorded as a lien against your home then there is more to discuss.
A judgment...
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Archived
New Jersey. How long is my tenant covered under her Chapter 11 Bankruptcy?
Michael's answer
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Answered on August 03, 2011
In order to take action against her you need to get a court order from bankruptcy. The order is called relief from stay and is something you'll...
Archived
If I sign modification and declare BK 30-60 days later, can I still renegotiate the Arrearages?
Michael's answer
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Answered on August 03, 2011
The $55,000 arrears could be paid over 60 months as part of chapter 13. I do not like the idea of trying to negotiate while in chapter 13 but some...
Archived
I filed for ch 7 bankruptcy 2 years ago will I be able to start a sole proprietorship business in Ca?
Michael's answer
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Answered on August 03, 2011
I agree with my colleagues, you are legally entitled to operate a sole proprietorship. Consider a business that does not require a large initial...
Archived
Bankruptcy concerns
Michael's answer
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Answered on August 03, 2011
You asked how to know if the property went to sheriff's sale? The fact you received a tax bill is a strong indicator the county thinks you own the...
Archived
Can I discharge past HOA dues + interest etc. by filing bankruptcy chapter 13? 11? 7?
Michael's answer
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Answered on August 03, 2011
You have not mentioned other debts. If you own real estate free and clear (no loan) unless you have other serious financial problems bankruptcy...
Archived
Is it ok to take out a 401k loan to pay the lawyer for a chapter 7 bankrupcy?
Michael's answer
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Answered on August 03, 2011
You are not supposed to incur debt in contemplation of bankruptcy. Perhaps take a withdrawal so you do not create a monthly obligation.
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