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Can I keep most of my sale proceeds cash (at least the federal exemtion amounts of $11,500 + $1,225) after sale of my prin res?
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Answered on January 19, 2015
If you sell your home before filing a Chapter 7 and have $30-35K in cash on hand when you file the Chapter 7, the trustee in your case will claim a...
Archived
Do i have any options of getting out of paying on a equity line of credit if i was defrauded out of the money?
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Answered on January 18, 2015
You do have options. I assume from the given facts that you are personally liable on a business loan and the loan is not secured by real property....
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Should I pay $4,900 to pay off a collection agency when the original bill was $4,200?
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Answered on January 17, 2015
Before making a settlement offer, I suggest meeting with a bankruptcy attorney to review your brother's financial condition. If a judgment...
Archived
Have dept collections on me
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Answered on January 07, 2015
Federal VA disability benefits are exempt from garnishment. However, it they are placed in a bank account, steps must be taken to prevent a...
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Willing to pay for help in a collection case from my fiances first marriage that got dismissed then the dismissal got set aside.
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Answered on December 26, 2014
If the motion was granted, the case will move to circuit court. If it proceeds, I suggest consulting with an attorney. Options include defending...
Archived
Am I going to be sued by 2nd mortgage lender?
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Answered on December 26, 2014
When the first mortgage holder forecloses, the second mortgage holder will lose its lien. The second mortgage holder can sue you on the debt, but...
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I am being garnished by the State of Oregon dept. of revenue for past due restitution fees. Can i include this in bankruptcy
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Answered on December 23, 2014
If the state criminal court restitution was imposed as a condition of probation (which is usually the case), the restitution debt cannot be...
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