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they're afraid that I would not sell the house so they said I have to reduce it by 10k every month until I get an offer or we go back to court. I'm wondering if there is a law or some kinda of stipulation that I won't be so caged in this tight constraint but still give them the... View More
answered on Nov 5, 2023
It's crucial to review the terms of any agreement or court order that's currently in place regarding the sale of your home. If the agreement seems unfair or imposes unreasonable constraints, you might consider negotiating new terms that are satisfactory to both parties. Alternatively,... View More
they're afraid that I would not sell the house so they said I have to reduce it by 10k every month until I get an offer or we go back to court. I'm wondering if there is a law or some kinda of stipulation that I won't be so caged in this tight constraint but still give them the... View More
answered on Oct 16, 2023
What the other party demands has no force if a court does not order accordingly.
Assuming, though you have not said so, that you are in a Ch. 13 bankruptcy, the more common provision is to provide, in a Plan, a one-year (or shorter) "drop dead date", by which the property will be... View More
They just stop taking from you after you paid court up in arrears
If I am using someone else's money and a house that I flip sells for less then previously estimated am I out anything more then my time? Or can the private money lender sue me and make me cover the loss?
What if I am using an LLC?
I am mostly worried that the private lender... View More
answered on Mar 19, 2022
If you find a private lender who would not require your personal guarantee and, often, security of your home co-signed by your spouse, you should hold that lender very close… or share his name with me. You will be completely liable on your project unless the lender is an idiot, and most hard... View More
I thought it was a certain number of time that debt would have to be returned to the person once they filed bankruptcy. I reside in Virginia.
answered on Jan 5, 2021
Generally, a debtor or bankruptcy trustee can recover payments over $600 to any unsecured creditor within ninety days preceding a bankruptcy filing, as a "preferential transfer".
But that's not true about secured claims (debts secured by collateral).
Credit unions... View More
This is after the case was closed and after the defendant is filed a 7 bankruptcy. DC, the plaintiff has requested a 60-day continuance
answered on Dec 11, 2019
If the defendant has filed bankruptcy and listed that debt, all action on it is stayed unless relief is given by the court.
I want to pay my debts that FDR is helping me with. AAFES debt was @ $5k when I was forced into medical retirement from the Air Force in 2011. Even though AAFES has diverted @ $3k in tax returns to put towards my debt, they claim I owe them almost $10k now. This is an absolute abuse of power by... View More
answered on Oct 19, 2018
You will have to list all your debts and creditors if you file bankruptcy, whether it is a 7 or 13. You may want to consider 13 if you have assets to preserve or 7 if you don’t, but you must list all your debts and creditors in your petition.
Reason asking my creditors are constantly calling my place of employment all day long every single day and my cell number also. I have asked them repeatedly not to contact my place of employment but they continue to call my job anyway all day. Just need to put a stop to them calling my job and my... View More
Should I wait until after I have file and everything has been done and over with before I apply for my social security.
answered on Jul 21, 2018
The filing of your bankruptcy should not affect your filing for social security. However, consult an experienced bankruptcy attorney before you do anything.
Can a college withhold transcript and diploma after you receive your discharged Chapter Seven?
answered on Apr 3, 2018
Federally Funded Public Student Loans are typically non-dischargeable in Bankruptcy. An actual complaint needs to filed against the lenders and then you must meet an extremely high burden to even have the court consider
discharging your student loans. I'm not sure why a college or... View More
answered on Mar 13, 2011
Need to share more detail. What is being alleged by the Trustee? Does he allege the debtor committed fraud? Or is he simply going after property that was transferred during the preference period, before the filing of the Petition?
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