Do you list a repossession as a secured or unsecured debt in chapter 7 bankruptcy?
Andrew's answer
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Answered on April 01, 2015
The balance that remains due on a repossessed vehicle after it has been sold by the creditor is a deficiency. That balance is simply an unsecured...
If I negotiate a reaffirmation agreement with my car lender does my bankruptcy lawyer have to sign off on it to be valid?
Andrew's answer
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Answered on February 21, 2015
From your question, it sounds like you personally negotiated with the auto lender on the terms of the reaffirmation of the secured debt. A...
Archived
How should list two accounts from the same bank on chapter 7 bankruptcy schedules?
Andrew's answer
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Answered on January 11, 2012
As an attorney practicing in California, I always list such accounts separately to be thorough. Of course, I do not believe there is any...
Archived
Can a Bankruptcy judge deny a Motion to Withdraw a chpt 7 filed by the client.
Andrew's answer
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Answered on February 06, 2011
Unfortunately, a Chapter 7 case may be dismissed only “for cause.” This is not true in a Chapter 13 case. In a Chapter 13, a debtor may...
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