Need clarification about the "$5,000 or 5%" right to withdraw principal from a California Trust, pertaining to Section 2514
Cindy's answer
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Answered on December 22, 2017
For some reason, this was classified as a chapter 13 (bankruptcy) question. I am reclassifying it.
Without seeing the whole trust document, I...
Archived
Chapter 13 repayment hardship don't know what to do?
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Answered on December 18, 2017
If you don't like your attorney's advice, talk to another attorney to see if you have other options: amending your plan, dismissing or possibly...
Archived
I listed the original creditor in my no assets chapter 7, after filing, it was assigned to another creditor and attorney , do I
Cindy's answer
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Answered on December 14, 2017
The only thing you need to do is advise the creditor and attorney of the filing with a copy of the petition. If you were aware of the assignment...
Chapter 7 bankruptcy years ago. Didn't avoid a lien from a creditor on my home. Now selling home & lien preventing. What effect
Cindy's answer
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Answered on December 13, 2017
The equity in your property is determined as of the date you filed your bankruptcy petition, so whether it's a problem or not will depend on the...
Would a patent application which has still not been granted be affected if filing chapter 7 Bankruptcy.rather than 13.
Cindy's answer
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Answered on December 13, 2017
It is impossible to answer this question in this forum. Any difinitive answer would be wild speculation. Without knowing substantially more about...
Can I include a private student loan in bankruptcy?
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Answered on November 30, 2017
As indicated by attorney Rausa, the loan may be dischargable, but it is important to seek experienced bankruptcy counsel to determine if filing a...
Archived
How will I know I have correct/all needed Question(s) during a Debtor’s Examination?
Cindy's answer
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Answered on November 30, 2017
This should be in Debt Collection, I am changing the designation.
In chapter 7 in determining home equity how does a reverse mortgage work? Just like a normal mortgage? Mom considering Bankruptc
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Answered on November 27, 2017
As indicated by attorney Whitaker, the value of the home less the mortgage balance (not including any additional balance to lend) would determine...
As a creditor, what are some important questions I should ask at a debtor's Ch.7 BK Creditor's meeting?
Cindy's answer
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Answered on November 27, 2017
Without knowing many underlying facts, no one on this forum can give you a complete answer. If your security is perfected, and the debtor is...
Will my credit union dump me if I file for bankruptcy?
Cindy's answer
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Answered on November 22, 2017
You should discuss reaffirming accounts with your attorney, especially unsecured credit card accounts. Opening an account at a new credit union is...
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