Archived
I'm considering having my car repossessed. I'm upside down in the car, can I discharge the deficiency in a BK chapter 13?
Richard's answer
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Answered on April 28, 2014
You discharge it all in ch 13..when did you buy it ?? If more than 2 and half yea res ago you can p say just value of it and lower interest rate...
Archived
Does banckruptcy chapter 7 stop garnishment
Richard's answer
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Answered on April 28, 2014
Yes. First, you should list any monies your employer is holding in Schedule B and exempt it in Schedule C. If you own a home or land that the...
Class action lawsuit and Chapter 13 bk
Richard's answer
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Answered on April 28, 2014
When a case is closed, all assets are normally deemed abandoned. Did you exempt out all 100% of the monies in schedule C that the attorney is...
Archived
How does NJ handle child support income, specifically arrears, in Chapter 7 bankruptcy?
Richard's answer
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Answered on April 28, 2014
If you owe support, you list in Schedule E and an expense in Schedule J. If you are entitled to support, you list in Schedule I. and an asset in...
Archived
Filed Chapter 7, discharged, upside down real estate that lender has charged off, can Adversary proceeding get name off deed?
Richard's answer
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Answered on April 28, 2014
You do NOT indicate if you were awarded the real estate or your ex husband. We also don't know if there is a house on either or both of those...
Archived
BankOfAmerica fails to send wire transaction and is not returning money back. What legal actions can I execute?
Richard's answer
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Answered on April 28, 2014
Why is this being posted in Bankruptcy area??
Does filing bankruptcy affect getting financial aid for college?
Richard's answer
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Answered on April 28, 2014
The Bankruptcy Code expressly provides for "Protection again discriminatory treatment" also for some student loan providers under 11 USC 525(c)...
Archived
In BK Chapter 13, & Mortgage company granted trial modification. Now stuck because Second Mortgage holder wont subordinate.
Richard's answer
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Answered on April 28, 2014
I am assuming that because 2nd mortgage was stripped there is nothing for them to obtain from such an agreement as at the end of the ch 13 plan,...
Archived
Purchasing home after chapter 7. How many months or years of rent history is needed to get pre approval?
Richard's answer
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Answered on April 28, 2014
First, as Attorney Bunce states, we don't know if you are still on title to the house.
Second, you can buy a house anytime anyone agrees ..owner...
Does the co-debtor stay in chapter 13 extend to negative credit bureau reporting?
Richard's answer
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Answered on April 27, 2014
First, the threshold issue is whether the debt is a "consumer debt" Section 101(8) defines a "consumer debt" as a debt "incurred by an individual...
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