Archived
In personal bankruptcy, can you prepay your mortgage as well as put a lump sum on the principal. Is it a safe/exempt asset?
Paul's answer
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Answered on August 30, 2012
I agree with my colleagues. Actions such as this right before you file can raise all sorts of red flags. Speak with an attorney to help manage...
Archived
If I'm planning to file bankruptcy, what do I need to do with Notice to the Judgment Debtor of garnishment of Property other wg?
Paul's answer
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Answered on August 30, 2012
I would highly suggest you consider taking what money you have in the bank and put it in a safe place. If you have a job, these creditors seem...
Archived
Is it better for someone in my situation to file Chapter 7 or Chapter 13?
Paul's answer
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Answered on August 30, 2012
I concur with my professional colleagues. You are a perfect Chapter 7 client. Do not empty that IRA account prior to bankruptcy as it most likely...