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Applications including two co-applicants who have applied for my rental property have filed for BK chap-7. Two of the applicant's BK is in Discharge status (2018) but the third one's BK (Oct 2020) is in filed status. Should I rent my property for them? What are the pros and cons? Would my... View More
answered on Dec 31, 2020
It appears that you are dealing with them in what we call "post petition". The fact that a Chapter 7 is pending may present an issue if the bankrupt proceeds without the consultation with his counsel, and probably the trustee, but I cannot see how your property would be included in any... View More
How much time does Movant have to reposed the vehicle?
answered on Dec 19, 2020
The vehicle can be repossessed anytime after entry of the order granting the motion. I suggest you contact attorney that filed the motion and arrange a time for repossession. Be sure to remove your personal items from the vehicle. After repossession and sale, you may receive a letter regarding... View More
Creditor is for secured for vehicle I do not want.
answered on Dec 19, 2020
Creditor has to serve the executed order on you and then they can take the vehicle
This is for a vehicle that had interest rat of 20.8% owed more then car was worth.
answered on Dec 19, 2020
The motion is heard 21-30 days after filing depending on when the hearing date is set. You can call the court and and ask and thr creditor has to serve a copy of the order on you.
After an OSC, the court ordered the sale of a residence in October. The homestead granted was $75K. If a BK is filed in December and later dismissed in January/February, does the Judgment Creditor need to file a new OSC in order to get another court order - or is the original OSC restated? The... View More
answered on Dec 9, 2020
the an order is already entered, no further order is necessary. the bankruptcy will only delay but not prevent the sale. You have to take the appropriate action in state court to reverse such an order.
answered on Dec 3, 2020
generally yes. you my want to speak to your chapter 7 lawyer as well.
We brought an administrative mandamus action in State Calif Superior court against local city agency for land use decision on a property whose prior owner was in Chapter 11 bankruptcy. Superior court judge ordered that due to auto stay provisions(11 USC 362), no further proceedings until AFTER... View More
answered on Dec 2, 2020
You can file a motion for relief from stay in the bankruptcy case and then you are allowed to continue with your case in state court.
My son is the defendant of a multi million dollar civil suit. He is a broke college student. If found guilty can he file bankruptcy to wipe out the debt?
answered on Dec 2, 2020
There are some things that can be objected to and then cannot be discharged in Bankruptcy. You might contact a BK attorney with more specificity to get a more detailed analysis. I think it might be worth try and then hope no one objects but without more facts it's hard to know for sure without... View More
but didn't include it on my chapter 7 (this debt was about a year before filing). 13 years later i get a letter from a german collection agency adding 1000's in fees and they continue to do this. being a us citizen living in california can i disregard this?
what if anything... View More
answered on Nov 25, 2020
inform them of the bankruptcy and provide them with your bankruptcy information. they are passed the california statute of limitations to collect against you as well.
I am about to file bankruptcy Chapter 7 in California. My debt exceeded 180.000$ and I have no assets and income coming in. But I still have 60.000$ in Crypto currency. My lawyer will be able to protect 35000$ for me. I have a few personal loans that I would like to pay off, its 2 people and total... View More
answered on Nov 24, 2020
There is no best way!
Personal loans to people you know (and obviously care about) can be reached by the trustee and clawed back into the Chapter 7 estate. Should you lie about in on your schedules is is bankruptcy fraud.
I have never dealt with crypto currency in any 7 or 11 I... View More
Yes I’m retired, can’t receive my unemployment and the IRS, Franchise Tax Board is coming after me.
I need to file for bankruptcy.
answered on Nov 16, 2020
Contact your local bar association or legal aid society for a referral.
answered on Nov 14, 2020
Hallelujah! And Amen.
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answered on Nov 3, 2020
Electronically. The deadline will be listed on the bankruptcy notice you received in the mail.
Debtor did not list me as a creditor, so I got no notice. He let me proceed with lawsuit confirming my arbitration award against him until I won. I served him with notices and documents and still neither he nor his attorney told me about bankruptcy. 5 days after I obtained judgment and noticed... View More
answered on Oct 23, 2020
If the case is dismissed, then everything is back at square one.
Whether your judgment is valid is a decision that must be reached upon examination of all the facts--both procedural and substantive--by your own lawyer there in California. Your facts are too specific to ask a lawyer to... View More
Soon to be ex left with kids to AZ. She left me with a house in California we cannot afford. I need it gone before foreclosure. How can I get her to make the payments for a few months? She lives with her parents and teaches. She REFUSES to sign realtor contract just to be mean. I feel helpless.... View More
answered on Oct 21, 2020
As long as there is no legal action pending (i.e. a divorce) and as long as you are not represented by counsel, you are helpless. The first step towards getting control over the situation is getting court orders. Start by filing a petition for dissolution.
Timely claims of general (unsecured) créditos totaling $35,118 have been allowed and will be paid pro rats only after all allowed administrative and priority claims have been paid in full. Does this mean I have to pay that or they telling me they will pay it or they paid it??
answered on Oct 20, 2020
The Trustee's report is about what the trustee will pay, or has paid, to creditors. Secured and priority claims are always paid before any distribution to general unsecured claims, which in either a Ch. 13 or Ch. 7 are usually discharged at the end of the case.
A quicker way to get... View More
My soon to be ex left me with the house in California. I cannot afford it and she won’t sell. Cannot afford to get atty involved as there is no gain. Should I just go through foreclosure?
answered on Oct 19, 2020
Is a divorce pending? Will you be entering into some type of property division agreement? If so, and she releases her interest in the property, you may want to consider selling the property. If there is no equity in the property (is that what you mean by "there is no gain"?) - a short... View More
*California* atty. preferred:
My mother and grandmother live in Seal Beach Leisure World.
If they are both co-owners and residents (joint tenancy) of this property and one passes away (God forbid) with some credit card debt, can the creditor(s) put a lien on the property postmortem... View More
answered on Oct 14, 2020
For a creditor to put a lien on real property there usually must first be a judgment. Once there is a judgment against a certain individual then that judgment creditor can enforce their judgment by either placing a lien on real property, garnishing wages, or placing a levy on a bank account. The... View More
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