Archived
I have a business with a friend and I just got a large judgment against me from my ex in our divorce, is bankruptcy an option?
Hermin's answer
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Answered on November 13, 2012
You should be running to a bankruptcy attorney's office not just for a free consultation but for an in dept analysis of your situation. You have...
Archived
Filed Ch7, home not reaffirmed, credit report verifies debt was discharged. If I pay I stay, but what's the process for leaving?
Hermin's answer
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Answered on November 13, 2012
Unfortunately you are asking your attorney to predict what is going to happen years down the road. I am not sure you are going to find anyone to do...
Archived
The loan on my condo was discharged in bankruptcy but the lien remains. Can I walk away?
Hermin's answer
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Answered on November 12, 2012
You can walk away from the condo without repercussions. As for reaffirming at the market value I think you will find that the lender will not be...
Filing chapter 7 bankruptcy, I have a security deposit with my landlord should that deposit be entered on schedule B or G?
Hermin's answer
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Answered on November 12, 2012
List the deposit on Schedule B
Archived
My credit card went to a collection agency , I called they already took legal action i don't have any money to pay what do I do
Hermin's answer
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Answered on November 12, 2012
You have nothing to lose and everything to gain by speaking with a bankruptcy attorney. Chances are you have other debts that will be taken care of...
Archived
Will I be able to declare Chapter 7 Bankruptcy in San Diego with a yearly salary - before taxes - of $125000.00?
Hermin's answer
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Answered on November 12, 2012
I have to give you that most frustrating answer that we attorneys rely on when we do not have all the facts, and it is "it depends". You have laid...
Archived
Paying my mother's defaulted credit card under a Power of Attorney.
Hermin's answer
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Answered on November 12, 2012
B of A can not sue you as you have no responsibility for paying off your mother's debt.
Archived
My Question is regard Bankrupcy in California.
Hermin's answer
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Answered on November 11, 2012
You have already reasoned the answer out for yourself which is that there is absolutely no reason to settle with this creditor instead of filing a...
Archived
I defaulted on a recorded home eq. LOC. & was contacted by debt collector who told me 'be a f****** man'. Is loan collectible?
Hermin's answer
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Answered on November 10, 2012
If a Lien for the line of credit was recorded against the home making it a Home Equity Line of Credit(HELOC) then the short answer to your...
Archived
If you have no real assets, but a lot of debt, which california exemption system is best 1 or 2 for chapter 7
Hermin's answer
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Answered on November 10, 2012
The fact that you are aware that there are two different exemptions available to you is a good start but as Mr. Raymude explained yu can still make...
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