Can you strip a lien on a second that's an actual line of credit from a bankruptcy chapter 7
No. Voluntary liens, like a second mortgage, cannot be stripped in a Chapter 7. They can be stripped in a Chapter 13. Your personal liability...
Federal Way, WA
Bankruptcy and debt Lawyer at Federal Way, WA
Practice Areas: Bankruptcy & Debt, Wills & Living Wills
No. Voluntary liens, like a second mortgage, cannot be stripped in a Chapter 7. They can be stripped in a Chapter 13. Your personal liability...
No. Chapter 7 will not discharge tickets, fines or associated fees and/or interest. Chapter 13 would have. Thus, you will need to pay the fines,...
Unfortunately, the marital lien is after the mortgage that is foreclosing. Thus, when the foreclosure occurs, the lien will become unsecured--no...
The IRS may offset refunds against pre-petition taxes, but misses its opportunity a fair amount of the time. You should adjust your withholding...
The answer is "it depends". Taxes due to the IRS can be discharged in many situation depending on the type of tax, when the returns were filed and...
We can stop the garnishment immediately by filing a bankruptcy. As other attorneys have mentioned, fines are not dischargeable in Chapter 7....
There is no magic number as others have mentioned. One thing to consider if you do file bankruptcy, Chapter 7 or 13, is that all debts will be...
Parking tickets can remain on your record for 10 years. If a judgment is rendered, that can be extended to 10 more years (20 total). If this is the...
If bankruptcy is over, the creditor may have decided not to take the collateral. If it is still on title, you are stuck unless it will release the...
It depends on the type of bankruptcy. Fines and related expenses are not dischargeable in Chapter 7, but are in Chapter 13 if they are not criminal...