With the "wildcard" exemption we are able to use in Oregon, Chapter 7 debtors rarely have to surrender their tax refunds (so long as you have lived...

We went bankruptcy in 2011. We have back house to bank we received a notice to surrender from bank. Does that mean bank own hou

Surrendering the home in the bankruptcy does not automatically transfer ownership of the property to the bank. They still need to go through the...

Chapter 7?

Yes, you are the owner of the home and have all the same rights as you did before your filed the bankruptcy. Your bankruptcy discharge eliminated...

The easy answer is that a bankruptcy is not going to eliminate your obligation to pay the restitution. You can file a Chapter 13 bankruptcy to...

You should get a DMV report to see when the lien was recorded to make sure you agree with the Trustee. If the lender did not record the lien...

What do I do when a creditor objects to a discharge?

There is no easy answer for this one. The school can certainly claim that this money was used for educational purposes and not eliminated in your...

Do debtors have to update the real property values when modifying payment plan?

You are required to file updated schedules A,B, I and J with your proposed plan. However, the valuation doesn't need to change as the value of the...

When can I apply for a credit card after creditors meeting?

The safe answer is to wait until you receive your discharge and your case closes, which is approximately 60 days after you meeting with the Trustee...

Will a debt collector who has a judgment against me ultimately be able to garnish my wages with a revisor of judgement?

If you are looking to try to settle the debt out, cash is always king. Especially if they know where you work or bank, the creditor is not going...

Financing company not picking up BK surrendered car, what are my options?

First, ask your attorney what you should do. Then you should contact the financing company and talk with them about it. Either ask them to come...