| Subject | Date Asked |
|
| bankruptcy | 9/6/2008 |
Q: I am separated from my husband i want to get a divorce but first we have to file bankruptcy we owe ...
A: I'm sure sorry you are stuck with the double misery of debt and a bad marriage. A person is ...
|
| debt relief | 9/5/2008 |
Q: Three years ago my uncle and aunt were co-applicants on a loan for a new RV. My uncle died a year ...
A: What a sad situation, especially for an older person in bad health and recently widowed. Please ...
|
| Education debt | 8/29/2008 |
Q: Sir, I currently hold a tuition bill that is in default. A collection agency is asking me to pay 30 ...
A: OOPS! SEE THE CHANGE IN CAPS: I need more information. Student loans are generally not discharged in ...
|
| Car lease in Chapter 7 | 8/23/2008 |
Q: I have a leased jeep that I have fallen behind in payments and I'm thinking of doing a Chapter 7 ...
A: Assuming you are qualified for a 7, (and I don't know if you are, to find out you really need an in ...
|
| ok to file BK 13 if you just just started to be self employed? | 8/21/2008 |
Q: I have a friend who lost his job, however, he just got a job working full time on a contract basis ...
A: The requirement in this regard is that the person who files must be an individual with "regular ...
|
| chapter 7, credit reporting | 8/17/2008 |
Q: My husband and i filed chapter 7 back in 2004 and it was discharged. we were then told our chapter 7 ...
A: Everything you mention being told about this is completely wrong and mixes up two very different ...
|
| BANKRUPTCY | 8/15/2008 |
Q: Last week I sent my papers to a lawyer and was told that I do not qualify for ch. 7 because me and ...
A: I am very sorry that you have to go through financial problems, and then you wind up getting layed ...
|
| chapter7 | 8/11/2008 |
Q: our 20 year old daughter receives ssi it is used solely for her own expenses (car ins, gas, clothes ...
A: I doubt that someone in this situation would count it as part of household income - unless you are ...
|
| sba loan and bk | 8/6/2008 |
Q: I would like to know if I will be able to keep my home. Sba has lein I filed a CH.7. They are the ...
A: Chapter 7 does not give a person the ability to remove voluntary liens and mortgages from their ...
|
| Max amount one can discharge in a Chapter 7 | 8/4/2008 |
Q: If one has $450,000 in medical bills alone, can that entire amount be discharged in a Chapter 7?
A: That is one heck of a whopping medical bill! I hope you have recovered, and that you are now well. ...
|
| bankruptcy | 7/29/2008 |
Q: If someone has to file ch. 13 (not 7 because of excess income) and then maybe a year later his ...
A: A person in Chapter 13 can usually withdraw from the bankruptcy if they want to, however, the person ...
|
| School tuition costs | 7/12/2008 |
Q: I had filed for bankruptcy back in 2006. Included in that was costs that New England Institute of ...
A: I am confused about some key facts, but I'll do the best I can for now with what you have stated. ...
|
| Additional Clothing\Food expense | 7/2/2008 |
Q: On line 39 you are allowed to claim an additonal clothing\food expense of up to $60. If you are ...
A: Very uncommon. I would expect a lot of resistance. Even if you can prove that you spend the extra ...
|
| Considering Bankruptcy | 6/27/2008 |
Q: I recently received a court summons for a debt that I have which is now over $7000 dollars. At this ...
A: I am assuming that you have no other debts. If so, I would like to see you work things out and pay ...
|
| credit cards | 6/24/2008 |
Q: I filed chapter 7 last April and already went to the trustee meeting, I had a lot of unsecured debt, ...
A: Most banks will let you keep the cards if they had a zero balance when you file bankruptcy. I ...
|
| BANKRUPTCY | 6/23/2008 |
Q: I'm married to a wife that has 3 jobs and works about 75 hours a week and we have one child. I live ...
A: What else does she do with her money? On line #3 the means test (Form B22) requires that you first ...
|
| bankruptcy date | 6/22/2008 |
Q: I need to know what date or even year we filled bankruptcy. We think it was in or around 2000. I now ...
A: You can get a free credit on line report in a few minutes at www.annualcreditreport.com and I think ...
|
| HOA after bankruptcy discharge | 6/20/2008 |
Q: When I filed bankruptcy Dec 2007, my acct. with the HOA was paid and current. I was told by my ...
A: This is a very good question, and the law that governs this is very strange, indeed! First of all, ...
|
| bankruptcy date | 6/17/2008 |
Q: I need to know what date or even year we filled bankruptcy. We think it was in or around 2000. I now ...
A: You can easily get your filing date and case number by running a credit report on yourself. It stays ...
|
| Bankruptcy - Civil Judgment for punitive damages | 6/12/2008 |
Q: I may be included in a law suit with my employer by an employee claiming hostile work environment ...
A: I am sorry that you are facing this. Unfortunately litigation like this has become all too common. I ...
|
| Types of debt | 6/10/2008 |
Q: Two brothers attempted to take guardianship of our mother. In doing so they hijacked her bank ...
A: I am sorry that you and your mother are going thru a legal nightmare. I hope it all works out well ...
|
| Bankruptcy | 6/2/2008 |
Q: I worked for my father in law. I was paid a flat amount each month and allowed to use a company ...
A: I think you need to get an experienced bankruptcy lawyer right away. Look for a lawyer who also ...
|
| bankruptcy | 5/29/2008 |
Q: Does chapter 13 allow the person to save money each month after paying the agreed on amount? Also, ...
A: It is hard to save money while you are in Chapter 13, because the law requires you to pay all of ...
|
| Tax Refund | 5/27/2008 |
Q: We filed bankruptcy this year. I claimed a tax refund exemption when we filed. I sent in my tax ...
A: I am sorry, but I think it's your lawyer who is in breach! However, there is so much more that I ...
|
| ch.13 bankruptcy dismissal--refiling | 5/15/2008 |
Q: The Ch.13 Trustee moved for a dismissal of my case due to my moving out of state. He recommended ...
A: I can see why you are confused about this. I would need to know when your case was filed, and the ...
|
| Chapter 7 & Rental Property | 5/14/2008 |
Q: I am filing for chapter 7 bankuptcy. I have several rental properties with negative equity. When my ...
A: You need to think this through very carefully, and hopefully with the assistance of an experienced ...
|
| bankruptcy | 5/7/2008 |
Q: My husband and I bought 4 rental properties and have driven up our personal debt to the point of no ...
A: I am really sorry that you find yourself in this position. Ownership of rental properties can be a ...
|
| LLC bankruptcy on small business | 5/6/2008 |
Q: I have a small LLC trucking business.I have 1 truck and 1 trailer.The fuel prices have put me out of ...
A: I am truly sorry that you are facing all of this trouble. I am getting lots of phone calls these ...
|
| Social Security funds & bankruptcy | 4/26/2008 |
Q: I signed papers for ch7 Mar 19 and the papers were filed on Mar 21. On Mar 20 I discovered the US ...
A: I think the money will be exempt as a "disability benefit," because it is so easily traceable back ...
|
| Judgement s and Bankruptcy | 4/11/2008 |
Q: I am unable to pay a credit card and the creditors seized an old car, which did not settle the ...
A: Judgements are dischargeable in bankruptcy, provided that the underlying debt is the kind of claim ...
|
| 2 questions, Chapter 7 & Foreclosure | 3/29/2008 |
Q: My spouse and I filed Chapter 7 and included our home as well. We will be discharged May 08. Will ...
A: I don't think anyone can answer this question adequately. The basic rule is that a credit report can ...
|
| Bankruptcy /Foreclosue | 3/28/2008 |
Q: I can no longer pay my mortgage. I would like to claim bankruptcy only on my home. Is that possible
A: I am sorry that you have such financial difficulties. When you file bankruptcy it involves all of ...
|
| Discharge with out reaffirmation agreement | 3/13/2008 |
Q: I filed chapter 7 pro se and indicated that I wanted to reaffirm my car loan. When I spoke to the ...
A: The reaffirmation has nothing to do with your discharge. Having a reaffirmation or not does not ...
|
| back taxes | 3/4/2008 |
Q: We have back taxes from 1997 - 2004. We have considered bankruptcy if it would clear our tax issue. ...
A: First off, there is hope. However, I can't try to give you any guidance as to the issues dealing ...
|
| BK as a creditor | 3/1/2008 |
Q: I have a judgment (which I believe is perfected as a lien) against a married couple in WY. The WY ...
A: Once your lien has been perfected for more than 90 days, it should withstand most things that can ...
|
| settlement threatened with bankruptcy | 2/24/2008 |
Q: We are suing a builder who abandoned our house construction with more than $100,000 in ...
A: I am terribly sorry that you are going through this. I am sure you realize there is so much to this ...
|
| corporate bankruptcy | 2/19/2008 |
Q: I have been in business for 12 years, an S corp. I have a lot of unsecured business debt that was ...
A: Creditors holding your personal guarantees can sue you personally and enforce a judgement against ...
|
| corporate bankruptcy | 2/18/2008 |
Q: I have been in business for 12 years, an S corp. I have a lot of unsecured business debt that was ...
A: I am sorry that you are facing such financial difficulties. The debts that someone discharges should ...
|
| home on wage earner plan | 2/5/2008 |
Q: I (individually) have recently filed chap 13 bankruptcy in Massachusetts. Both my husband and I are ...
A: I will give you some educated guesswork, which is the best I can do without having the benefit of ...
|
| re-open bankruptcy case | 2/4/2008 |
Q: I wanted to know if I can reopen a bankruptcy case from 2004 instead of refiling? My business has ...
A: That is a really good question. I assume you filed Chapter 7, unless you tell me otherwise. Your ...
|
| bankruptcy and tax returns | 1/29/2008 |
Q: I filed chapter 7 bankruptcy on January 8 2007. I currently reside in Virginia. I am not yet ...
A: The assets you get to keep when you file bankruptcy are called "exemptions." That is because certain ...
|
| chapter 7 and tax refund | 1/28/2008 |
Q: my question is we are not discharged yet from the trustee. can he still take our refund? Also, does ...
A: The assets you get to keep when you file bankruptcy are called "exemptions." That is because certain ...
|
| Reaffirmation & Credit Bureaus | 1/24/2008 |
Q: We filed for bankruptcy in 2005 and reaffirmed with the mortgage company. We are on an ARM loan and ...
A: I think the problem is with your mortgage company. The credit bureaus basically report what your ...
|
| Gifts as income | 1/23/2008 |
Q: I received a cash gift of $10,000. Is that counted as income for the purposes of determining what ...
A: This is a very interesting question! The term income is not defined in the Bankruptcy Code. ...
|
| reaffirmation agreement necessary | 1/22/2008 |
Q: I have filed Chapter 7 and I wanted to know if I "do not" sign a reaffirmation agreement and stay ...
A: You raise a very good question, and exactly the same issue constantly troubles all bankruptcy ...
|
| selling during a bankruptcy | 1/21/2008 |
Q: well i bought a pick up from a private party and when i went back to get the title with my final ...
A: I am very sorry that you have such trouble over this! Without reviewing the bankruptcy file, and ...
|
| Chapter 7 | 1/20/2008 |
Q: I live in Florida and am wondering if I can file a chapter 7 on my own or does the new law state I ...
A: An individual is allowed to file without having a lawyer. One of the requirements in the new law ...
|
| Do you still get a tax return after banckruptcy? | 1/19/2008 |
Q: My wife and I filed for bankruptcy in the year 2007. Do we still recieve a tax return for this year? ...
A: The assets you get to keep when you file bankruptcy are called "exemptions." That is because certain ...
|
| filing income tax and have been in chapter 13 bankruptcy the past year | 1/15/2008 |
Q: Does this affect my filing? Do I include the amount I have paid for the year?
A: You prepare and file your income taxes in the normal manner. However, the trustee on your case ...
|
| Old Bankruptcy | 1/9/2008 |
Q: Filed 20yrs. ago in CA. Considering paying debt as listed in bankruptcy. What is the risk in ...
A: What a fascinating question you have asked! I am very glad for you that you are now in a position ...
|
| Chapter 13 | 1/7/2008 |
Q: I am three years into a chapter 13. Last Sept. I was flooded out by hurricane Ernesto. I lost ...
A: I am so very sorry to hear about all of your bad luck. I do hope that the new year of 2008 will ...
|
| tax retuns | 12/31/2007 |
Q: If I file bankruptcy in Janurary, will I recieve a return when I file my tax papers?
A: The assets you get to keep when you file bakruptcy are called "exemptions." That is because certain ...
|
| bankruptcy and student loans | 12/29/2007 |
Q: This past year I applied for and received a bankruptcy discharge for medical and credit card bills. ...
A: I am sorry to tell you the chances of someone discharging student loans is not very good. If a ...
|
| chapter 13 | 12/24/2007 |
Q: I am in chapter 13 right now and payments are hard to make, can I discharge my chapter 13 myself and ...
A: I am sorry to hear that you are still having financial difficulty. Hopefully the new year will bring ...
|
| Chapter 13? | 12/5/2007 |
Q: I am in a situation that I must get out from my home, due to recent family death and new found ...
A: I am so sorry to hear about all this hardship. You can certainly file a 13 and then sell the house, ...
|
| debt | 11/30/2007 |
Q: what debt is included in bankruptcy? and what debt isnt?
A: Bankruptcy will generally discharge most kinds of debts, (generally things like credit cards and ...
|
| voluntary repo after bankruptcy | 11/6/2007 |
Q: On October of 2004 my wife and I purchased a 2005 Honda CRV. 2 yrs later we filed for Chapter 7 ...
A: I am sorry you are having this difficulty. As long as you did not reaffirm the loan, you can ...
|
| Bankruptcy | 10/27/2007 |
Q: I filed for bankruptcy in 91' and have received a call from a creditor wanting payment. This ...
A: Assuming this is not a student loan, (whole different discussion if it is), a person in this ...
|
| In chapter 13, behind on mortgage | 10/18/2007 |
Q: My husband and I had our Chapter 13 plan confirmed in Dec 2006. Things were going good until we had ...
A: I am very disappointed to hear that you have a lawyer that will not return calls. That is ...
|
| Medical Bills | 10/15/2007 |
Q: I'm in the process of filing Chapter 7. I'm waiting for 70 days to pass since my last cash advance, ...
A: I am sorry that you are having health problems on top of having financial problems. Medical bills, ...
|
| Bankruptcy vs. incomes earned and options! | 10/11/2007 |
Q: My wife makes @$150-$200K and has about $60K in debt. I make @$125-$150 and have right at $40K in ...
A: I know, it's very frustrating! However, you are actually handling things very well, all things ...
|
| Teri loan | 9/29/2007 |
Q: Can you tell me if a Teri loan is a federally guaranteed loan. I've researched it and keep coming up ...
A: I strongly suspect it is not dischargeable. There is no requirement in the law that the loan has to ...
|
| Bankruptcy? | 9/28/2007 |
Q: A little Background: I am a full time student-going to class nearly 40 hours a week. I am getting ...
A: Bankruptcy will not affect school loans that are in deferment. You sound like a good candidate for ...
|
| Dismissal or Discharge | 9/26/2007 |
Q: I recently had my chapter 13 plan approved but my wife and I have concluded that we won’t be able to ...
A: Dismissing the bankruptcy will not improve your credit, in my opinion. You already have it on your ...
|
| IRS | 9/24/2007 |
Q: I am going to file for bankruptcy. I owe the IRS taxes from back in 2004. Will that be covered in ...
A: That depends. A lawyer has to know a few additional facts. I tell my own clients that they should ...
|
| Repayment of Second Mortgage after Chapter 7 | 9/17/2007 |
Q: Since we never signed reaffirmation papers, or a reaffirmation agreement for or first or second ...
A: Generally speaking, in a situation like this the house remains as collateral for the second ...
|
| Bankruptcy with a 2nd Mortgage | 9/5/2007 |
Q: I filed chapter 13 bankruptcy in January 2005. I have a 1st & 2nd mortgage on my house. My ...
A: I am very sorry that things are not working out for you. Your 2nd mortgage is already a lien, that's ...
|
| repossion | 8/25/2007 |
Q: My son is in the Navy. He had his truck repo about two months ago. The bank sold the truck at a ...
A: I am very sorry that any person, especially a service man, has to be going through this kind of ...
|
| Filing Bankruptcy Questions | 8/22/2007 |
Q: I am an active duty soldier stationed in germany and soon to deploy to Iraq for 15 months. I am ...
A: In my experience, the court system will bend over backwards to accommodate U.S. military personnel ...
|
| Title IV-E Foster Care Income- is it included in the means test? | 8/19/2007 |
Q: Do you know if title IV-E income is included in a means test? We are in the process of adopting a ...
A: I believe it will be added to your income for the period received up through and including the month ...
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| bankruptcy | 8/10/2007 |
Q: My parents are both 60 and my father recently lost his job, and next month his unemployment runs ...
A: I am very sorry that your parents are facing this. Nobody should have to face something like this ...
|
| CA Chapter 7 and Car Repo | 7/29/2007 |
Q: My chapter 7 discharge was back in 2004 and since then I have lost my job and got cancer and my car ...
A: I am so sorry you have had so much hardship. Yes, they were allowed to repo your vehicle if you were ...
|
| Bankruptcy | 7/25/2007 |
Q: Can a person who's married file bankruptcy without involving spouse? State NY. Thank You for your ...
A: A person can file alone without their spouse, but the filing may affect assets that are standing in ...
|
| dismissing bankruptcy | 7/24/2007 |
Q: If I filed BK chapter 7 in April an went in front of the trustee in June an will not receive ...
A: You do not have the automatic right to dismiss. If you want to try, you have to make a motion to the ...
|
| Reaffirmation and Credit Report | 7/23/2007 |
Q: Our Chap 7 bankruptcy will be discharged in a couple weeks. We have a 2005 Chevy Trailblazer that ...
A: If you filed bankruptcy on or after 10/17/05, (the effective date for filing a case under the new ...
|
| chapter 13 | 7/17/2007 |
Q: I live in Georgia and I was wondering if you file chapter 13 and you get dismissed before you are ...
A: Generally speaking, you can refile right away but the procedural rules are very complex. For one ...
|
| Bankruptcy never reported on credit report as discharged | 7/16/2007 |
Q: I filed a Chapter 7 in March 2001 and everything went fine, but evidently in never got reported to ...
A: I get so ticked off when I hear about a lawyer who won't give you two minutes of time, especially to ...
|
| discharged bankruptcy amending | 7/12/2007 |
Q: my bankruptcy was discharged in feb-07 i kept the home i am in and now the bank is forclosing ...
A: Assuming that a person's mortgage debt was properly scheduled in the bankruptcy, and assuming that ...
|
| Student Loan Debt | 7/9/2007 |
Q: I had a bankruptcy discharged in 2002. I was looking through my bankruptcy papers the other day and ...
A: A good example would be where you are required to make payments to a bank, but the loan has been ...
|
| Student Loan Debt | 7/9/2007 |
Q: I had a bankruptcy discharged in 2002. I was looking through my bankruptcy papers the other day and ...
A: Student loans were generally not dischargeable if the debt was owed for a loan program made or ...
|
| Credit Cards & Bankruptcy | 7/8/2007 |
Q: Can I file Bankruptcy just on my credit cards they are in my name and not my spouse
A: Technically speaking, you can do that, but it is not always wise to do so. Even if you file alone, ...
|
| What to do when a business partner declares bankruptcy | 7/5/2007 |
Q: I have a business partner (he and his wife own 51% of our business) who may have to declare personal ...
A: I am sorry to hear about this. The outcome will depend largely on what kind of bankruptcy they file. ...
|
| Conflict with IRS and bankruptcy | 7/4/2007 |
Q: My bankruptcy was dismissed. The papers from the Bankruptcu show I owe the IRS close to $10,000. ...
A: The dismissal of your bankruptcy means that you do not retain any of the benefits that the case was ...
|
| Property taxes & bankruptcy | 6/25/2007 |
Q: I was wondering if unpaid property taxes on a mortgaged house dischargeable in chapter 7 bankruptcy? ...
A: The taxes are not per se dischargeable. However, in many jurisdictions (such as California where I ...
|
| Chapter 13 - Tax refund | 6/11/2007 |
Q: my husband and I are going to be filing bankruptcy this week, I'm all stressed out, the attorney ...
A: I think your attorney is in the best position to answer your questions, and you should not feel shy ...
|
| Bankruptcy | 6/9/2007 |
Q: 000 dollar school loan and $18,000 dollar car loan and about $12,000 dollars in credit card debit ...
A: Fred, if you are eligible for Chapter 7 bankruptcy, (there is not enough info here for me to really ...
|
| chapter 7 and car | 6/4/2007 |
Q: I have not filed bankruptcy yet but wanted to know how it would affect my car. I am currently ...
A: All I can safely tell you is that at some point you will lose the car. I don't know when, because ...
|
| tax refund | 5/10/2007 |
Q: is it true that even if i am under the chap 13 bank. the trustee can not take my earned income ...
A: Sorry, but the trustee probably will take any tax refund, unless you are in a 100% Plan. However, to ...
|
| Sale of property prior to bankrupcty | 5/10/2007 |
Q: I am buying a rehab property for $30k from a couple that is getting divorced and both are planning ...
A: You really need to get advice on this from a super knowledgeable, local BK attorney. Somebody with ...
|
| Sale of property prior to bankrupcty | 5/9/2007 |
Q: I am buying a rehab property for $30k from a couple that is getting divorced and both are planning ...
A: A transfer made by someone who is insolvent and who then winds up in bankruptcy is always subject to ...
|
| Chapter 7 | 4/22/2007 |
Q: I am married. Can I file chapter 7 alone without messing around with my husbands things. Nothing ...
A: A person can file alone without their spouse, but the filing may affect assets that are standing in ...
|
| Indiana's Definition | 4/17/2007 |
Q: I did use the Indiana Wildcard Exemption and the trustee assigned to my case has objected stating ...
A: Here is another approach that you might consider. Indiana has and exemption for 75% of unpaid wages. ...
|
| What is considered "tangible vs. not non-tangible" | 4/12/2007 |
Q: What I am trying to find out is an income tax return considered "tangible personal property"? I ...
A: The exemption that I found under Indiana law provides $100 on any intangible personal property, ...
|
| Your answer - Gotta Question | 4/11/2007 |
Q: This was myQuestion I do not have an attorney, I had a petition preparer file my bankruptcy. The ...
A: Please tell me why you can't you claim it under the $4000 wild card exemption? Previously I wrote: ...
|
| Roomate filed chap. 13 including past rent. | 4/6/2007 |
Q: about 3 years ago or so. a roomate of mine quit his job, got racked in debt and also go us evicted ...
A: There is indeed some protection available to a person who is jointly obligated on a debt with a ...
|
| Income Tax return | 4/4/2007 |
Q: I filed bankruptcy, CH 13, in Oct 2006. I filed my income tax return (1040EZ)in January and ...
A: Perhaps an argument can be made that you are entitled to "exempt" part of the 2006 refund? You ...
|
| Bankruptcy and Tax Refund | 4/4/2007 |
Q: I do not have an attorney, I had a petition preparer file my bankruptcy. The trustee is trying to ...
A: Why do you say "other than the standard exemption"? It appears that Indiana does have a $4000 wild ...
|
| university's refusal to release transcript even after the discharge? | 3/19/2007 |
Q: Mr. Bayer, I filed for Ch 7 in Aug 97 and recd. a discharge Nov '97. One of the debts was a part of ...
A: I believe they would probably have to release the transcripts. Numerous courts have held that the ...
|
| Defeiciency judgement before or after filing BK? | 3/15/2007 |
Q: If a foreclosure results in a deficiency balance against the debtor, can that deficiency be ...
A: The deficiancy may be discharged in a bankruptcy filed after the foreclosure sale takes place. ...
|
| Geting sued | 3/5/2007 |
Q: I just want to know under florida law,if i applied for bancruptcy about 8 years ago can i get suied? ...
A: The bankruptcy case does not protect you from debts that you incurred AFTER the date you FILED your ...
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| Chapter 13 Dismissal | 3/3/2007 |
Q: What happens if I fail to complete the terms of my bankruptcy? I get out before I receive a ...
A: Basically, you will be giving up the court protection that you have had during the case. If you ...
|
| Assets in bankruptcy | 3/3/2007 |
Q: I filed bankruptcy in 5/2005 and my debt was discharged. I am leaving my job 4/2007 because its ...
A: At a minimum, a lawyer will need to know which kind of bankruptcy you filed, and whether or not the ...
|
| Report | 3/1/2007 |
Q: bankruptcy code and I was wondering if I could ask you some questions. 1. What is the bankruptcy ...
A: I think these are very good questions and will result in an excellant report. I hope you get an ...
|
| To file or not to file? | 2/21/2007 |
Q: Our small business has failed and we are in the negative for cash. We have no debt but our landlord ...
A: I'm sorry to hear about your problem. Your partner needs to consult with an experienced local ...
|
| Judgments | 2/1/2007 |
Q: Can you include judgements in your bankruptcy?
A: Yes, unless the judgement is based on a debt of the kind that is not dischargeable. Please read the ...
|
| refiling Chapter 13 | 1/25/2007 |
Q: I was in Chapter 13 and dismissed for not enough payment can I refile again
A: Unless the court imposed special restrictions when it dismissed your case, you can refile. However, ...
|
| How can late car payments affect a Chapter 7 | 1/19/2007 |
Q: I have already been qualified to file a Chapter 7 and I am in the process of saving money to pay for ...
A: There is no legal requirement that you must be current on car payments to file bankruptcy. However, ...
|
| CAN I DO A BANKRUPTCY WITH A JUDGEMENT ALREADY AGAINST ME ON THE CAR | 1/16/2007 |
Q: Behind on carnote 9months was planning on playing catch up around tax season. Was summons to court ...
A: A Chapter 13 case is always subject to the requirement that the plan is proposed in "good faith." If ...
|
| chapter13 refile | 1/16/2007 |
Q: im in a chapter13 right now, but i recieved a letter from the trustee a motion to dismiss because ...
A: You may be able to refile, but the proceedures to get a stay against your creditors is complicated ...
|
| Federal Student Loans | 1/12/2007 |
Q: I no longer have the records of my bankruptcy and would like to get them to pass on to the ...
A: I doubt you can get actual copies very quickly. However, you should be able to go to the local court ...
|
| Paying off Chapter 13 earlier than Plan | 1/9/2007 |
Q: I recently filed Chapter 13 and have pretty decent payment arrangements. That leads me with a ...
A: What is the percentage of unsecured debt that you are paying? If you are paying 100%, then the ...
|
| Chapter 7 private student loans and cosigners | 1/7/2007 |
Q: My wife and I recently filed chapter 7 in Georgia, we are awaiting our discharge which we have been ...
A: I believe that the loan can still be paid by the guarantor according to it's normal terms. Your ...
|
| he's not wanting to give up a car | 1/5/2007 |
Q: A long story made short. A friend of mine has a 03 Jag and hasn't made payments on it in 8 months ...
A: I completely agree with you, your friend is not making any sense. I think his credit is already ...
|
| Bankruptcy & Insurance Claim | 1/3/2007 |
Q: My husband & I filed Chapter 13 Bankruptcy October 4, 2005. Said bankruptcy was discharged in April, ...
A: I am terribly sorry that you are going through all of this. I am a little confused, because you ...
|
| Bankruptcy Business and Personal | 1/2/2007 |
Q: Several years ago I started a small business (as a sole pr./dba) about 3yrs ago I changed to an ...
A: I am sorry to hear that your busness was unsuccessful. Financing a business with credit cards is ...
|
| Am I eligible for Chapter 7? | 12/30/2006 |
Q: I am being sued for an auto accident in which the demand is MUCH more than my policy limits. ...
A: I really can't answer a question like this without the benefit of an in depth personal consultation. ...
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| Deed in leiu of | 12/13/2006 |
Q: I know this doesn't pertain to BK but do you know the difference that a deed in lieu of instead of a ...
A: Here is a wild guess: I would expect them both to affect your credit the same, unless the account ...
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| Bankruptcy 7 | 12/11/2006 |
Q: We hired an attorney in March and was paid in full in April 1006. This was when we were having ...
A: What a disaster. I'm really sorry that you are going through this. Facing bankruptcy is tough enough ...
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| Chapter 13 Dismissal | 12/6/2006 |
Q: We have been in 13 for about 1-1/2 years. Our home in MS was under foreclosure when we filed. I was ...
A: I am sorry to hear about this. I get very disturbed when lawyers fail to adequately represent their ...
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| Charge off | 12/4/2006 |
Q: My bankruptcy was discharged 06/2004. Since then I have had no reporting from a Capital One credit ...
A: I am curious to know if you have contacted your attorney about this? In any event, most likely you ...
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| bankruptcy loss of house | 11/16/2006 |
Q: if we were to go bankrupt as we have no equity in our home would that mean we could keep our home as ...
A: Generally speaking, if there is no equity, a person should be able to keep the home provided they ...
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| bankruptcy | 11/15/2006 |
Q: My debt is 17,000. Half is unsecured debt and the other is for a car that was reposessed. I have ...
A: I feel your best course is to hire an attorney for debt negotiation. You can probably get these ...
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| bankruptcy | 11/14/2006 |
Q: The LLC is owned by my siblings and myself. My father is in the process of giving us as much of his ...
A: A key requirement of Chapter 13 is that your payment Plan must pay creditors as much as the value of ...
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| bankruptcy | 11/14/2006 |
Q: I filed bankruptcy when my husband left in 2001. My income has dropped and I'm having financial ...
A: I'm sorry to hear that you are having problems again. Is the LLC owned by your father, or is it ...
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| What happens to new money after bankruptcy | 11/13/2006 |
Q: I was hoping to settle some credit card debts when I received a settlement from an injury claim that ...
A: The injury claim is one of your assets, and whether or not your will be allowed to keep it depends ...
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| Will me filing bankruptcy effect co-signers credit | 11/12/2006 |
Q: I thinking of filing chapter 13, but my co-signer don't want me to include the car. They say it will ...
A: You don't have a choice. If you file bankruptcy, the car loan will be listed. Your consignor will ...
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| No attorney and 18 creditors left off the papers | 11/12/2006 |
Q: I filed a ch7 No Asset Bankruptcy in Maryland that was discharged in Feb 06. I went through an ...
A: You should immediately consult with an experienced local bankruptcy attorney about this. It sounds ...
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| Chapter 7 Bankruptcy Fees, doing it without a lawyer | 11/10/2006 |
Q: When filing for bankruptcy, do you have to pay the full amount before your attorney mails a letter ...
A: Financial arrangements are between you and your attorney. Fees vary according to what a client needs ...
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| new credit | 11/8/2006 |
Q: If I claim bankrupcy can I get a student loan afterwards or within a year? or two years? Can I ...
A: You should have no problem getting a student loan that you are otherwise eligible for. However, for ...
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| CHAPTER 7 BANKRUPTCY | 11/3/2006 |
Q: Can payday loans be discharge in a chapter 7 bankruptcy.
A: Yes! If you are going to file, go to your bank and discuss with the bank on how to stop payment on ...
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| File Bankruptcy again | 11/2/2006 |
Q: I filed for bankruptcy in July 1999 and have recently be separated in process of divorce from my ...
A: You can't have another Chapter 7 discharge unless your new case is filed more than 8 years after the ...
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| bankruptcy | 10/31/2006 |
Q: i am thinking about bankruptcy i owe about 350,000 in back taxes and about 50,000 in back child ...
A: I am sorry to hear about all of these problems. Unfortunately, what you are looking to accomplish ...
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| thinking chapter 7 | 10/27/2006 |
Q: My ex step-dad (47 yo) was in a horrible accident. Now has medical bills from hospital and other ...
A: I am very sorry this has happened to him. It's more complicated than you think, because he owns a ...
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| Chapter 13....Chapter 7 | 10/27/2006 |
Q: My husband and I filed chapter 13 a little over a year ago, we live in Michigan. We filed to stop ...
A: I'm sorry you are going through this. At least you gave it your best try. I am assuming that you ...
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| student loans | 10/25/2006 |
Q: I have a lot of debt, my biggest debt is my school loans. my ex-husband refused to pay any of the ...
A: To answer a question about whether or not to file bankruptcy, an attorney needs much more detailed ...
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| social security income | 10/22/2006 |
Q: Are social security benefits included in the chapter 7 means test to count as income if there are ...
A: Your Social Security will not be counted as income for purposes of eligibility under the "means ...
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| Foreclosures | 10/21/2006 |
Q: Recently I had a conversation with a friend about bankruptcies and foreclosures. It appeared that ...
A: It will stay on your record anywhere from 7 to 10 years, depending on the type of foreclosure ...
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| judgement/lein on new home | 10/20/2006 |
Q: how is it that a lawyer tells you everything is fine after filing bankruptcy and then you buy a ...
A: I'm sorry to hear that you have this problem. Was the lien recorded before you filed bankruptcy, or ...
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| Banckruptcy Process | 10/19/2006 |
Q: If I go to banckrupcy and I want to buy a house in the near future. Do that impact me very ...
A: You may be able to discharge the taxes in bankruptcy. Just so you know, income taxes may discharge ...
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| Back taxes for banckrupcy | 10/19/2006 |
Q: I had accumulated about 30K in debt with the IRS and NY Tax Department. I do not have assets such ...
A: You may be able to discharge the taxes in bankruptcy. Just so you know, income taxes may discharge ...
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| bankruptcy and ex husband | 10/12/2006 |
Q: I need some questions answered and not sure where to go. My ex husband just told me he filed for ...
A: It may depend on what kind of bankruptcy a person files. For example, there is now a provision in ...
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| Can I still usr chapter 13 for filling?? | 10/11/2006 |
Q: I have a dedt ove $30,000.00. And I am just six and tired of it paying for everything.. I just got ...
A: It sounds to me like you are probably more interested in Chapter 7. Chapter 7 is the kind of ...
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| how much time between bankrupcies | 10/10/2006 |
Q: My husband had a chapter 7 bankrupcy that he filed in 1998 and was discharged in 1999. We are in ...
A: A new law took effect on October 17, 2005. Under the new law, the time has been increased from 6 ...
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| katrina bankruptcy | 10/9/2006 |
Q: bayer, ive been reading alot of these postings trying to educate myself but bankruptcy law seems ...
A: Please go see a local bankruptcy attorney expert right away. Your husband's interest in the business ...
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| bankruptcy questions | 10/8/2006 |
Q: My husband and I have considerable (well, in our opinion) debt. We have about $20k in credit card ...
A: I'm very sorry that you are going thru all that, but it sounds like you can probably get out of it ...
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| FILING BANKRUPYCY | 10/7/2006 |
Q: I AM THINKING ABOUT FILING BANKRUPTCY. MY CAR IS PAID FOR AND I AM WONDERING IF IT WOULD BE TAKEN ...
A: For starters, see the "Exemptions" section in my bankruptcy guide at: ...
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| My Credit History | 10/5/2006 |
Q: I have paid off all of my bills but 3 even though most of them I am settled for the settlement offer ...
A: Frankly, I am rather puzzeled. If you are thinking about bankruptcy, why did you already pay out any ...
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| mortgage bk 13 and credit worthiness | 9/28/2006 |
Q: I read from a expert in real estate investments regarding bk chapter 13 which I beleive maybe in ...
A: I think the "rules" on this are ambiguous. I believe that the Chapter 13 case can remain on a ...
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| Liens included in ch 7 bkruptcy | 9/20/2006 |
Q: We filed for CH 7 in April 2005, both person & included a small business that I owned. It was ...
A: I really am sorry that you are in this mess. At the same instant when you obtained legal title, any ...
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| Liens included in ch 7 bkruptcy | 9/20/2006 |
Q: We filed for CH 7 in April 2005, both person & included a small business that I owned. It was ...
A: Have you read the "settlement" carefully? From what you have said, I'm guessing that the settlement ...
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| Bankruptcy final in 1986 | 9/19/2006 |
Q: After getting out the paperwork to my bankruptcy I filed in November of 1986 and the bankruptcy was ...
A: I'm glad you checked on that. If you graduated in late 1980, then your first payment was probably ...
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| Bankruptcy final in 1986 | 9/19/2006 |
Q: I filed bankruptcy in 1985 finalizing in 1986. Included was an Illinois loan for beauty school. ...
A: I'm afraid I might have some bad news for you, along with a suggestion on how to try and resolve ...
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| judgement lein 4 yrs after bk discharge | 9/13/2006 |
Q: This is coming up now because we are in the process of a re-finance on our home and the title ...
A: Find out the name and phone number of the "Title Advisor" at the title company that your lender is ...
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| surrendered car bank doesn't want | 9/10/2006 |
Q: I surrendered a car in bankruptcy and the bank doesnt want it back because it isnt running. Wont ...
A: You are legally responcible for the car. In some jurisdictions, you can be held responcible for ...
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| Judgement Lien after Chapter 7 discharge | 9/7/2006 |
Q: One of my credit cards placed a lien on my house. With a chapter 7 discharge, does that lien go ...
A: The lien does not automatically go away. There is a proceedure that must be followed. If the case is ...
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| divorce and bankruptcy | 9/5/2006 |
Q: I am currently in divorce proceedings, we don't have any assets together (home, car, etc.), we do ...
A: You can file your own individual bankruptcy case right now, on your own, (assuming you are otherwise ...
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| Chapter 13 | 9/1/2006 |
Q: We had filed a Chapter 13 bankruptcy around a year ago. We have found a lender that will refinance ...
A: This can only be answered by a lawyer who has reviewed your entire case. If you simply quit making ...
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| Credit card debt? | 9/1/2006 |
Q: I've heard that even if your credit cards are declared in the bankruptcy, you still have to pay the ...
A: False! If the court finds that you are eligible for relief, that your debts were incurred under ...
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| Bankruptcy Credit Reporting Mortgage | 8/31/2006 |
Q: We filed banruptcy (TX) and it has gone throught the court. We did not reafirm our mortgage but ...
A: I am assuming that you filed before the law changed on 10/17/05. If so, the law did not require you ...
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| Bankruptcy | 8/29/2006 |
Q: In July of 2005, my husband and I filed for chapter 13. We have since requested a conversion to ...
A: The new bankruptcy law effective October 17, 2005 provides for an 8 year rule. If your case was ...
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| getting out of a ch 13 bkt | 8/25/2006 |
Q: we filed a ch 13 bkt 1/2 years ago. it has been difficult to keep up the mortgage payment since the ...
A: I would not want to suggest that without reviewing your case thoroughly. There might be danger in ...
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| Hiding Assets and Money in Kansas | 8/24/2006 |
Q: I know of a couple that are in the process of filing bankruptcy (chapter 7). He is doing numerous ...
A: If the bankruptcy case has been filed, or as soon as it gets filed, you can notify the United States ...
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| Tax refund & EIC | 8/21/2006 |
Q: I filed my bankruptcy(ch 7) in MN last Oct. before the new laws took affect and it was discharged ...
A: The trustee will probably agree to pro rate the refund, and let you keep a percentage of the money ...
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| quitting a job | 8/17/2006 |
Q: My husband hasn't worked in 4 years. He cooks, writes and plays music. I don't have a problem with ...
A: You asked, " If you haven't worked and don't intend to, how is that fraud?" I didn't say that is ...
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| quitting a job | 8/16/2006 |
Q: my husband and I must file bankruptcy. He is a musician and also writes. Both of those translate ...
A: The bankruptcy law examines all household income earned during six months prior to the month that ...
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| Do i file Bankruptcy or not? | 8/15/2006 |
Q: I currently live in Indiana. My husabd and I have a total amount of credit card debt of around ...
A: To completely answer your question I would need extremely detailed information concerning your ...
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| How to file amendment on debt not included in BK | 8/13/2006 |
Q: I have been discharged from Ch.7 since November 2005. I recently got a letter from collection agency ...
A: I suggest that you immediately inform them of the bankruptcy. The general rule provides that debts ...
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| roomates and bankruptcy | 8/10/2006 |
Q: I have a roomate and I am filing Chapter 13 in NC They are requiring her income, but not her ...
A: The only reason I can think of is perhaps you have you given them some reason to believe that the ...
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| Can I filed bankruptcy again | 8/8/2006 |
Q: I filed bankruptcy back in March 2001 and now I'm being sued civilly by two big name brand companies ...
A: A person is not eligible to discharge any debts under Chapter 7 until it has been more than eight ...
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| Judgement lien | 8/7/2006 |
Q: I filed for bankruptcy in 1997 and it was discharged in the same year. Prior to me fiing I recieved ...
A: I encounter this a lot. When this comes up, I have had very good success talking to the title ...
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| h | 8/6/2006 |
Q: how strategic is credit repair? how expensive and how long does one ahve to pay for? is it worht ...
A: The credit repair fixes you are describing sound very bogus to me. The world doesn't work that way. ...
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| credit repair | 8/5/2006 |
Q: How long does it take for respectable credit to be established after agreeing to repay delinquent ...
A: I will answer what I can, and for advice that is too case-specific I will have to tell you to see an ...
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| Tax returns | 7/30/2006 |
Q: My husband and I are going to be filing chapter 7 bk pro se real soon. I know that we have to have ...
A: After you file, mail a complete copy of your most recent state and Federal returns to the trustee, ...
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| Lesbian partner's bankruptcy | 7/26/2006 |
Q: We are a lesbian couple living in Ohio. We got married in Ontario, Canada, but are American ...
A: There are no special provisions regarding gay couples and bankruptcy. If the vehicle is "exempt", ...
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| Bankruptcy and rent | 7/11/2006 |
Q: We are about to file for chapter 7 and rent an apartment on a month to month basis (we've requested ...
A: The bankruptcy itself will not cause you to lose your apartment. In fact, I see no reason to inform ...
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| Changing jobs in chapter 13 | 7/7/2006 |
Q: Me and my wife filed a chapter 13 bankruptcy last october. Tis spring I was on unemployment for ...
A: It may be possible to reduce your Plan paments, but there is no way to answer this without making a ...
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| Chapter 7 or 13?? | 6/29/2006 |
Q: My question is: I live in TN. I am a single mom w/3 depen.for tax purposes and I know I need to ...
A: You have raised a very legitimate question, but there is just not enough information given. That's ...
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| credit card 90 day rule | 6/29/2006 |
Q: Will you explain the rules surrounding credit card use prior to filing chapter 7? The reason I ask ...
A: I'm truly sorry to hear about your difficulties. The answer to your question is: Yes, and no. ...
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| Student loans, divorce & bankruptcy | 6/27/2006 |
Q: My bankruptcy was discharged in 6/2005. Per my divorce degree I'm supposed to pay my ex's student ...
A: If your attorney seems unable to provide you with effective representation, then you better find ...
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| Removal of Public Records | 6/19/2006 |
Q: How or what can you do to remove a the fact that you have file for Banruptcy but it has been ...
A: Bankruptcy will stay on your credit record for 10 years. If it has been more than 10 years, notify ...
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| abandonment of property after bankruptcy | 5/31/2006 |
Q: My husband and I filed bankruptcy in 2003 and discharged in 2003. My problem is that after we were ...
A: Here are three ideas that may work. You can call the lender and offer them some money, maybe $50 to ...
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| credit report | 5/25/2006 |
Q: i am a resident of virginia who do i get the proper credit report from in the proper form? who ...
A: Bankruptcy is an absolutely incredible legal remedy for people with debt trouble. It really can give ...
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| Chapter 7 and Spouses Income | 5/15/2006 |
Q: I am in Michigan and am looking at filing for Chapter 7. I would have a hard time passing the means ...
A: The law is so new that we just don't have definitive court rulings on this yet. However, the "means ...
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| home equity | 5/13/2006 |
Q: I have a home in my name, my nieces name and her husbands name on title. They, however, are not on ...
A: For the most part, it depends on where you live. The home equity you can keep when filing for ...
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| bankruptcy | 5/4/2006 |
Q: In February of this year I became ill and was forced to shut down my Ebay business. Currently I owe ...
A: You are not alone in this. Many people find themselves in serious debt problems again, and luckily ...
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| Mariage & Bankruptcy | 5/3/2006 |
Q: I have acquired approx 25,000 in credit card debt. Some prior to getting married and some after. ...
A: This is a popular question that many people ask. The short answer is you may file a single case by ...
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