There is no such thing as "too late" under the bankruptcy code. Sometimes you will hear people use this terminology after a home has been foreclosed on or a vehicle repossessed because, at that point, it is too late for the bankruptcy stay to stop the secured creditor from taking the...Read more »
I am getting ready to file chapter 7 and just realized that I am a joint title holder on a vehicle that my father owns. In 2013 my father accrued the loan in his name only and I guess my name never got off the title probably for registration costs. I have not had the car in my... Read more »
The vehicle will be an asset of your bankruptcy estate that you must list and then apply to your interest any available exemptions that you may have. Whether or not the trustee pursues liquidation of the vehicle will depend upon the amount of nonexempt equity.
If a dismissal order has been entered, then you would normally be free to sell your property. The title company may simply want to wait until the bankruptcy case is officially closed. If you were represented by an attorney in your bankruptcy, then you should contact that person to make sure there...Read more »
The program itself is working very slowly, but with our two kids who are in elementary school along with a cut in wages from work, make it hard to get by every paycheck. We are currently probably about 40 to 45 thousand in credit card debt and hospital bills. Was wanting to know the likelihood of... Read more »
Participation in a debt management program is never a bar, in and of itself, to seeking debt relief in bankruptcy. Whether or not the attorney fees may be paid in installments depends upon the policies of the individual attorney that you hire to represent you. I personally offer payment plans,...Read more »
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