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If I file a chapter 7, and want to reaffirm my mortgage, that is past due 120+days , would I have to become completely current or up-to-date before the mortgage company will agree to reaffirm or work with me on making arrangements. And after I file chapter 7, if I understand correctly, the mortgage... View More 
answered on May 10, 2019
It varies from lender to lender what they will require or permit. The stay prohibits all contact. If you reaffirm the mortgage, you must do so before the case is closed. If not, you simply walk away.
Filed emergency 13 in sept was dismissed. I did not follow through I just filed again will it stop the sale of my home?
I was disabled by injury 6 months ago and can no longer work. I receive regular money from the government but have next to nothing left over after basic expenses. I am now severely in debt due to medical bills and less income and can’t afford my minimum payments anymore. I contacted my credit... View More
answered on Mar 18, 2019
You need to consult competent bankruptcy counsel who is knowledgeable in student loan modifications and/or forgiveness. Only after you run the guidelines can you have a real idea of what your actual payment could be.
I now have the car we figured I would just switch it in my name when it’s paid off. The interest is really high on it though. I am able to still pay it off but my credit is not high enough to put it in my own name, or to even get a refinance. But when she claims bankruptcy does that affect my... View More
answered on Feb 3, 2019
Unless there is equity in the car, it won’t matter. Even then, she can protectabout $3,560 in equity. If you keep paying for it, you should be able to keep it.
Looking at the definitions there isn't anything really explaining "income". "income" has been defined by the Supreme Court very well when dealing with the Income Tax. Would this be the correct definition to fall back on?
"Equally well settled is the rule that... View More
In bankruptcy involving ex-wife, dual ownership of the home, we have jointly owned vehicle and RV that have loans. Don't mind losing the rv, but where we live a car is necessary. 1. Would he lose the whole house even if it jointly owned with the ex-wife? 2. Would we be able to keep the car?... View More
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answered on Dec 2, 2018
Hire a bankruptcy lawyer.
If filling for Bankruptcy would be a better alternative for a fresh start?
answered on Nov 27, 2018
Not enough information to answer your question. In any event, you should consult an experienced bankruptcy attorney regarding your financial situation before you do anything.
answered on Oct 26, 2018
If you file a Chapter 7 bankruptcy and receive a discharge of your debts then all listed unsecured debts in your petition will be gone and uncollectible by the hospital. Any new charges after you file bankruptcy would still be yours to pay. Good luck!
I have questions regarding whether to file bankruptcy or not.
1. I have total of over $60000 debts including $12000 on multiple credit cards, $1400 my last apartment, over $50000 on my student loans, and about $600 debt to district court for my traffic ticket. Can I get rid of all my... View More
answered on Sep 30, 2018
You cannot discharge the student loans or the fine and cost on the ticket so I’m not sure bankruptcy would help you much.
answered on Sep 19, 2018
Really you cant keep it private. It is considered public information and is accessible via the PACER court system to the public if they register and are willing to pay 10cents a page to look at your bankruptcy pleadings.
answered on Aug 31, 2018
Depends on when he wins the lottery. Before filing, the money is part of the estate. After filing, you may have to pay off your creditors and keep the balance. After discharge, the money is all yours.
answered on Aug 31, 2018
Yes, although it may bring serious inquiries from the Court as to where the money came from and how you were able to do so.
answered on Jul 20, 2018
Depends on your income and equity in the property. Contact an experienced local bankruptcy attorney who can help to determine the right move.
I'm a homeowner who is now homeless with an arrest record and public deffimation of character mearly because a city wants their water plan and new road built, without care for those less fortunate
I have a car loan-the car is my only method of transportation. I have some furniture in storage and some small electronics (computer, iPad). Do I lose those ?
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answered on Jun 27, 2018
The simple answer is no, if the value of your assets fall within the allowable exemptions then you do not lose those belongings. However, bankruptcy is complex thus you should consult with an experienced attorney for a complete evaluation.
answered on Jun 18, 2018
Many factors go into answering your question, such as value of house, amount owed on mortgage, equity in house, your income, plus chapter filing type. Consult a local bankruptcy attorney who can help you plan and execute the right decision for you.
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