Q: My wife and I claimed bankruptcy in 2009. The original amount of the bankruptcy was $90K. We paid it off in 2018
by paying $18,500 back to him. It did take us a long time to pay it back as my wife is ill and is at home full time. We do have a house valued at $365,000 with $75,000 left owing. The trustee now want $195,000 to clear the bankruptcy because he has a lien on our house. Does the trustee have a right to ask for more than the value of the bankruptcy?
I have no issue in paying back the creditors what they are owed.
A: This is a complex question that cannot be properly answered without reviewing the prior filing. Contact a competent bankruptcy attorney to help you determine your rights.
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