We are going through a Chapter 13 and have a deeded timeshare in HA and do not want to give it up.
What will happen?
Cindy's answer
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Answered on November 18, 2014
My first question would be how you valued the time share. You need to value it a current fair market value not the price you purchased it.
Once...
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After Ch. 13 Discharge and lien strip, will co-borrower on loan & title be responsbile and can lien be stripped completely?
Cindy's answer
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Answered on November 17, 2014
I'm a little confused as to the status of his interest in the property. The court rules based on the evidence it is presented. If you didn't tell...
Archived
In ch 13 bankruptcy, I want to get rid of my 2nd mortgage. Can I rent it out to somebody to get over the restriction on homes?
Cindy's answer
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Answered on November 12, 2014
As indicated by the other attorneys, it can be done, but it is a very complex procedure, not like a lien strip. It requires careful timing, a...
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What is the likelihood that creditors would file for objection during chapter 7 filling
Cindy's answer
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Answered on November 12, 2014
This is not a betting parlor. We really can't give odds without the full facts, which this forum is not the place to reveal. Basically, any...
Archived
When filling chapter 13 will my childs ssi be counted as my disposable income?
Cindy's answer
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Answered on November 12, 2014
There are two places where you must list your income. The "Means Test" which is the document entitled "Statement of Current Monthly Income and...
Archived
Will i be able to qualify to file chapter 13 if the last time i filed my income tax return was last 2011
Cindy's answer
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Answered on November 12, 2014
Your answer hinges on whether you were required to file returns in 2012-14: if your income was high enough to make them necessary. If so, then you...
Archived
My Bankruptcy chapter 7 case is in Trenton, NJ? Trustee is highly connected.Can an outside NJ attorney handle this matter?
Cindy's answer
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Answered on November 07, 2014
A Bankruptcy Trustee's job is to find and collect assets to pay creditors. One of the requirements of being a trustee is being familiar with the...
Archived
The Chapter 11 trustee now chapter 7, entered an order that was completely different from the direction of the court.
Cindy's answer
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Answered on November 07, 2014
When was the order entered? If recently you can request the order be corrected, but as indicated above, you would need to carefully lay out how...
Archived
How many years do we have to wait to file for a second chapter 7 bankruptcy?
Cindy's answer
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Answered on November 07, 2014
Assuming the original chapter 7 was discharged, technically you can file another immediately, you just can't get a discharge, and would get an...
Archived
Can I demand a deed of full reconveyance?
Cindy's answer
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Answered on November 07, 2014
Assuming you did not reaffirm on the mortgage, your personal obligation on the mortgage would have been discharged. For some reason, some lenders...
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