Archived
Can a borrower make a binding commitment to pay a new debt from the proceeds of sale of an asset under bankruptcy proceedings?
Richard's answer
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Answered on October 17, 2017
We cannot tell if you are a regular unsecured creditor and if so why not paid with all other unsecured creditors. If you are a creditor, you cannot...
Archived
What effect does declaring bankruptcy have on a person that is living in the U.S. with a green card.
Richard's answer
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Answered on October 17, 2017
You might try calling and seeing if that creditor will settle for less..and take on one at a time to try and resolve it short of bankruptcy. If...
I'd like to use my 401k to payoff a chapter 13.
Richard's answer
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Answered on October 16, 2017
First, I believe ALL ch 13 plans or orders prohibit you incurring new debt w/o a court order authorizing such.
Second, you may have substantial...
Archived
Can I sell my home had ch 13 dismissal 30 days ago?
Richard's answer
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Answered on October 16, 2017
If order of dismissal was entered, the appeal period is long gone too. Thus, you can sell any of your assets. Good luck.
Can you keep your home in Florida if you file and qualify for chapter 7 bankruptcy?
Richard's answer
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Answered on October 16, 2017
You have seen the answers which all lead to same result: Call/See and discuss your case with an attorney in FL now! The MT results does NOT mean...
Archived
How can a creditor stop a Bankruptcy Trustee from abandoning an asset back to fraudulent debtors?
Richard's answer
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Answered on October 16, 2017
I agree with the prior answers so wont repeat them. BUT I will add, why not offer to pay $3000 to the trustee for him/her to assign to you interest...
Archived
How should I respond to a credit card debt collection suit?
Richard's answer
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Answered on October 15, 2017
Simple..call the attorney on the lawsuit and indicate you want to resolve it. How to resolve we don't know..you can try to settle..pay lump sum,...
Due to US bankruptcy act 1933, HJR 192, How do one discharge utilities debt?
Richard's answer
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Answered on October 15, 2017
The debt owed as of the petition date will be discharged absent fraud of course. You could serve on the utility within 20 days a request for what...
Archived
What do I do?
Richard's answer
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Answered on October 15, 2017
Wait and discuss MOnday with the attorney. The process server may have already had the documents to serve you at the time you were discussing as if...
Archived
If an aggressive Lawyer and collection sue’s you and get a judgement , can you still be protected when you file Chapter 7 or 13
Richard's answer
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Answered on October 15, 2017
Filing bankruptcy DOES stop all legal action the second you file. But I suggest your attorney notify by fax etc of the filing so that the Plaintiff...
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