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Discharged from chap 7 and surrendered house about 5 months ago. How long before the bank starts foreclosure??heard no word yet
Richard's answer
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Answered on April 15, 2014
Your first goal should be to earn money from the home. How? I am guessing you are gone as you said surrendered (if not, and living there..live...
Late Status Marks on Credit Report During Chapter 7.
Kept Car But Did Not Reaffirm Debt (Joint Account)
Richard's answer
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Answered on April 15, 2014
You have already read the other answers by now I am sure. So here is what you want to remember all your life: Your credit reports simply reflect...
Archived
I want to know if bankruptcy will benefit me or not?
Richard's answer
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Answered on April 14, 2014
We need to know more information and I suggest you amend your list of facts so you can obtain more specific advice. We need to know:
1 What is...
Archived
I filed chapter 7. I purchased a ring from a well know retail store. They sent me a reaffirmation letter. The problem is the....
Richard's answer
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Answered on April 14, 2014
First, there is no chance at all any judge is going to find you owe them any money. NONE,. There is no exception in our bankruptcy code for...
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Archived
I asked about Chapter 13. I meant to ask about Chapter 7 in which I filed. Will I be responsible for the second mortgage?
Richard's answer
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Answered on April 14, 2014
Option #1: You stop paying on all mortgages and live there free as long as you can until you have to vacate and you save that money to move out and...
Archived
How do I know exactly what debts I'm no longer responsible for after my bankruptcy has been discharged?
Richard's answer
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Answered on April 14, 2014
YOu should already have known before you filed. Many debts like some recent taxes, traffic fines, criminal fines, child support, and other debts if...
Archived
In chapter 7 bankruptcy in Riverside, CA. Will trustees make accommodation for incarcerated debtor? Like if he files b4 jail?
Richard's answer
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Answered on April 14, 2014
First,normally the only time he has to appear is one meeting which is about 28-34 days after filing. So if he can wait till after that meeting then...
Archived
Can a bankruptcy trustee take post discharge rental income from me?
Richard's answer
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Answered on April 14, 2014
I disagree it looks like with the other attorneys in that I always list future rental income as an asset and exempt it in schedule C if there is...
Archived
I IN MY 3RD YR OF A 13 BANKRUPTCY, LIVE IN AZ. I OWE TAXES YR 2012 WHICH I AM PAYING MONTHLY. CAN I DRAW FROM 401K TO PAY OFF
Richard's answer
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Answered on April 14, 2014
Any economist will tell you the worst thing you can do is draw or cash out against your 401k. But if not cashing out, then the court order and or...
Archived
Will the State contact the bankruptcy trustee?
Richard's answer
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Answered on April 14, 2014
Because he was not aware of the asset his duties are simple but cost money. He must reopen his case and list that asset in Schedule B and then to...
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