I became disabled. I need to file chapter 7 bankruptcy. I am about to receive inherited money in new few months. The problem is i owed more than I will receive. don’t know what to do. can someone help
answered on Apr 19, 2023
As you may know, there is a provision in the Bankruptcy Code that would include assets you receive by inheritance within six months of your inheritance. In other words, kiss your inheritance goodbye.
You don't include any real facts, like, amouts of debt or probable amount of... View More 
Some body told me that want help me financially and just asked me to buy something for her then she will give me 300$. She asked me for login and then did a quick deposit for 3300$, the bank returned the money to her but blocked my account for that reason.
answered on Nov 16, 2020
His obligation to repay that debt is/will be discharged. Your joint obligation to repay will not be discharged, so you're still on the hook for the whole debt.
I intend to continue being paying rent in full and on time.
answered on Sep 19, 2020
No, as long as you are current, remain current and marked in your petition your intent to reaffirm your rental lease
I have over$8000.00 in debt. My total income is $970.00 a month. I’m struggling terribly. Please help.
answered on Sep 9, 2020
Bankruptcy would definately help you. I strongly urge you to consult counsel in your area
answered on Feb 11, 2020
Bankruptcy is generally for an inability to pay the overall debt, not so much a matter of being unable to keep track of paying bills on time. If a party is having difficulties managing their finances and keeping track of their bills, there are a lot of options. Sometimes a family member or... View More
answered on Feb 9, 2020
Depends on many factors, largely her financial situation. You may want to consult a bankruptcy attorney, although I would consider a Power iof Attorney or disability guardianship as well.
answered on Aug 26, 2019
You can file a motion to reopen and reaffirm if the lender is in agreement.
I explained to him what I wanted /needed,I paid the fee, I don't understand, why I need another attorny,do u,,chapter 13 is suppose to help me reorganize I thought
answered on Jul 6, 2019
More information is needed to answer this question. Is he suggesting a foreclosure attorney to defend the action? The stay is in place unless the Court has terminated it.
We are a community college. I was filing a Proof of Claim that had a portion with a student loan. What code do I use on the claim under Priority Unsecured debt 507 (a) ____ or do I need to use 523 (8) (a)? The online form defaults to 507 (a)___.
We did this so that we could continue to operate our farm and pay back our operation loan to our creditor. Now we are working on taking our the family operation and are looking at getting an operating loan and wondering what to do and where to go? I have been keeping track of our credit scores... View More
answered on Jul 30, 2018
Challenge those erroneous entries on your credit report and unless the creditor can prove the delinquency, it should come off your report. Then you should be able to obtain an operating loan with the permission of the bankruptcy court.
I filed on Dec 13. Prior to this I made arrangements with a collector to have $50 come on the 15th of each month. I did not personally inform them of my bankruptcy until the 19th, when I saw the payment come out. They have now cancelled the remaining payments. Do I get the $50 back that came out... View More
answered on Dec 19, 2017
They should send that back, call and ask them.
Information provided for informational purposes only and should not be taken as legal advice.
My parents owned the home but we're letting the bank foreclosure on my childhood home because of bankruptcy . So I started to make the mortgage payments to try to get it put into my name for my new home, but now the bank is talking about for taking about foreclosing on me/her (my step mother).... View More
answered on Jul 24, 2017
You should save the payment money and approach the bank to take over the loan. Yet, the bank in not likely going to be able to talk with you about it since your not on the loan. Making payments may take your dad out of default but you won't get any credit for the property and your just helping... View More
their stuff. Can they do that. Judge set the case for june 19th but didnt sign paperwork til june 23rd. Sheriff isnjust now serving me the papers and wants to take stuff with them. They did fine a relief from stay about 1 month ago or so
answered on Aug 11, 2015
Well, did the judge lift the stay or not? That is just the first question that I have, and I am sure a local bankruptcy attorney would have many more in order to answer this question.
$37,000 in credit card debt. Annual income is $30K. Fixed income. I'm a mortgage payer. Maybe $10K of equity in the house. I own a 1998 VW Jetta. Age 49, on SSDI, paying $10K in health costs annually.
answered on Feb 5, 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.
Debt is not the only thing to look at when considering... View More
answered on Feb 5, 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. From the Docket (Journal), you can print copies of the pleadings. Amongst the pleading... View More
answered on Feb 5, 2014
A: Unless there is unexempt property, usually a Creditor does not receive payment. Even when something is unexempt and administered, Creditors generally only get pennies on the dollar. Unless you can show some fraud, the most you can do is file a Proof of Claim and pray.
answered on Feb 5, 2014
A: During the pending of the Bankruptcy the Statute of Limitations (SOL) tolling is stayed. If the Bky is dismissed it restarts, omitting the period that the Bky is pending. Example: If you have a four years SOL and you filed a Bky during the third year, then the Bky is dismissed during the... View More
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