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I financed a ring 5 years ago, pawned it 3 years ago and lost it to the pawn shop. Now I am filing bankruptcy and do not know how to approach the debt in my forms?
answered on Nov 2, 2020
List the debt on schedule F and put in the description that the jewelry was lost. A debt cannot be secured by assets of the debtor if the debtor no longer has the collateral. It shouldn't be an issue as long as you tell the truth.
How do I determine the Value of Collateral if this is a credit card debt, Im being garnished for?
answered on Aug 8, 2020
Depending on the procedure in your state--and it varies by state--if the Plaintiff has secured a judgment lien, then it is secured. Otherwise, probably not.
You should consult a lawyer do give you a reading on the law in your state.
d
Form about property you own
answered on Aug 4, 2020
If your license is as a physician, a lawyer, an accountant, or the like, I give them no value because there is not market: it cannot be sold or purchased (lawfully, that is). So if there is no market, there is no value.
answered on Feb 3, 2014
Contact your respective state bar association and file a complaint.
answered on Feb 3, 2014
A: Equitable Distribution is Dischargeable; however, if the payment is in the “Nature of Support” it is not Dischargeable and you can be forced to pay.
answered on Feb 3, 2014
A: This can be viewed as a “Fraudulent Conveyance with the Intent to Defraud your Creditors” and/or “Conversion of an Unexempt Asset to an Exempt Asset in an Attempt to Defraud your Creditors”. In a Bky a Trustee can consider the transfer void and proceed against the property and/or the new owner.
answered on Feb 3, 2014
A: Chapter 7 cases are generally discharged about two months after the Meeting of Creditors, unless there is property being collected from the Trustee. Chapter 13 cases are generally discharged about five years from the initial Plan payment. You can research your case by signing up for PACER, it... View More
answered on Feb 3, 2014
A: The Trustee does not represent a Debtor. It is up to the Debtor to defend their own interests, so if you do not wish the Motion granted you should object.
answered on Feb 3, 2014
A: If you are a natural person, verses a fictitious (i.e. corp, llc, etc.), you are permitted to represent yourself in court. However, Bky is a VERY COMPLICATED area of law, involving a combination of State Laws and Federal Procedures.
answered on May 15, 2012
The Discharge does what it says: it discharges your liability. Once it is granted, a copy goes to all parties included in the case. The filing of the Bky will appear on your credit report for 10 years. A "Certified Copy" of the Discharge maybe required for certain things, such as when... View More
answered on Feb 3, 2014
A: If you are a natural person, verses a fictitious (i.e. corp, llc, etc.), you are permitted to represent yourself in court. However, Bky is a VERY COMPLICATED area of law, involving a combination of State Laws and Federal Procedures.
answered on Feb 3, 2014
A: Sign up for PACER, it is a free governmental service, as long as you use less than $15 a calendar quarter. Then sign on at the District Court's Bky Site for the specific district and perform a search.
answered on Feb 3, 2014
A: When you file Bky everything is included. Everything you own and owe. Does not matter where it is owned; however, if your debt is outside the USA, you must include it, but it may still be collectable outside the USA. You can keep things, such as a mortgaged property via a Reaffirmation... View More
I received a summon from court on Dec. 11 i have within 20 days to answer it. i apply for legal aid services but due to hollidays they are close from the 20th to 28th of Dec. I am running out of time and i haven't talk to anybody for an advice. I just really need advice on what to do. I am... View More
answered on Dec 21, 2010
File a basic answer in court asap. Do the best you can to meet the filing deadline. This will cause the court to schedule a preliminary hearing or " pretrial" about 30-45 days later depending on the court. Find out this court date asap and make sure you appear. You will at least delay... View More
I received a summon letter form court on dec. 11 and i only have 20 days to answer it. i apply for legal aid but unfortunately they are close from the 20 to 28 of dec due to holidays. i really need advice right now but i don't have anyone to answer my questions. if i file for bankruptcy is... View More
answered on Feb 3, 2014
A: If you are a natural person, verses a fictitious (i.e. corp, llc, etc.), you are permitted to represent yourself in court. However, Bky is a VERY COMPLICATED area of law, involving a combination of State Laws and Federal Procedures.
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