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When I convert from chapter 13 to chapter 7 would that also eliminate debt that was agreed to as part of the payment plan?
Richard's answer
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Answered on August 19, 2016
All debts both b efore you file and incurred after and before conversion MUST be listed. What I suggest is why not speak to your attorney about a...
Archived
Is a personal injury action that occurred weeks after I filed chapter 7 bankruptcy part of my bankruptcy?
Richard's answer
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Answered on August 19, 2016
FIRST: SIMPLE: YOUR POST FILING RIGHT TO SUE IS A POST PETITION EVENT AND NOT PART OF THE ESTATE. 11 USC 541. Simple as that!
SECOND, you...
Can I declare Chapter 7 bankruptcy and still pay one of my creditors some of what I owe after the bankruptcy process ends?
Richard's answer
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Answered on August 19, 2016
I disagree with the statement that you will need to be in a ch 13 as all facts must be known. For example, the $2600 may be deductible from your...
Archived
Under a chapter 7, if a vechile that I register and insure under my name, be taken by the trustee. But the title is in my moms.
Richard's answer
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Answered on August 19, 2016
First, the law requires you to list on Schedule B only assets you own ..whether legal or equitable. Many persons in my career own a car but is not...
Archived
What happens when a person I'm suing files bankruptcy prior to court hearing?
Richard's answer
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Answered on August 19, 2016
By now you have seen the other answers! You do NOT want to waste throwing good money after bad results either and thus may just want to move on but...
Archived
If I want to make payments to my student loans during chapter 7 can I?
Richard's answer
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Answered on August 19, 2016
First, YES.
Second, the $ used to pay should be from exempt funds/ assets or earnings post bankruptcy.
Third, if federal loans, you also...
Archived
Can I use the automatic stay in a Chapter 7 to catch up on mortgage payment?
Richard's answer
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Answered on August 19, 2016
First, because you are asking this infers you have NOT spoken to an experienced bankruptcy attorney and I suggest you do strongly for many...
Archived
What happens when my positive disposable income becomes negative with my Chapter 13?
Richard's answer
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Answered on August 19, 2016
First, you should have an attorney is all attorneys advice but even more so in a ch 13 case!
Second, if you don't have one, obtain one!`...
Archived
Can I add additional bill on chapter 7.
Richard's answer
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Answered on August 17, 2016
My guess is you are wrong and you will see those creditors already listed in Schedule D as otherwise it would be perjury. I think you are simply...
Archived
Schedule B and C do not have to be amended or do they to include the lawsuits against 2 lenders?
Richard's answer
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Answered on August 16, 2016
No. Any action occurring ONE minute after you file is not an estate asset per section 541. But make sure you believe the stay applied to them. Also...
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