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Is Bankruptcy right daughter? A single mother (Son is 2

Is Bankruptcy right for my daughter? A single mother (Son is 2 1/2), living w/ an aunt. Full-time job, biweekly pay; net $720-ish. ridiculous ($432)car payment 2008 Dodge Grand Caravan (111k mi) ** Car dealer told her to return previous vehicle to get rid of debt obligation so previous vehicle is considered to be repo'ed** : Student Loans w NelNet, sold to Sally Mae; Current approx living expenses w/ aunt $400/mo + food; add car & health insurance, normal medical costs + other incidentals...

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DrakeLAW

Juris Doctorate

654 satisfied customers
I lost my rental property to foreclosure and filed bankruptcy.

I lost my rental property to foreclosure and filed bankruptcy. My dad was a co guarantor on the loan. I filed 7 and converted to 13 based on the means test. The creditor did not confirm and my attorney did not add them. He told me that they were out and couldn't collect now. I ask him if my dad was protected and he said yes under the stay. The creditor had already ask for release from the stay and my attorney didn't tell me. They are coming after my dad now. They got the property back and sold it and now are coming after my dad. What can I do now to stop them from taking my dads property?

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Roger

Litigation Attorney

Doctoral Degree

33,582 satisfied customers
I need to get information about bankruptcy. Due to my divorce

I need to get information about bankruptcy. Due to my divorce my funds have been depleted. I am aware that due to my income level (gross) that I am not eligible for Chpt 7 but only Chpt 13. I have been forced to defer my payments to my credit cards to pay for my ex-wife's attorney fees. So now I am looking to see if I can file bankruptcy since there are no funds remaining to pay the cards. I am also in CNC status with the IRS. Am I eligible for Chpt 13 and if so, what does that mean and how should I go about this?

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Terry L.

Partner

Doctoral Degree

2,870 satisfied customers
I was searching the web for an answer to an almost identical

I was searching the web for an answer to an almost identical question to this. I am a U.S. Citizen, took out loans in Sweden for much longer than two weeks (several years) but that was all before I immigrated and subsequently got my green card and became eligible for student loans here to pursue my higher education.I am paying my US loans as planned but have completely ignored my Swedish loans and now I keep getting quarterly letters from them.The loan has grown to almost 10-15 times what I started with which is ridiculous in and of itself. I have, as mentioned, just ignored them. I heard of a Swedish/US policy being worked now that will allow swede to come after its ex patriots. I was wondering if you knew anything about this? Was also wondering what kind of lawyer I should higher or look for to help me with the communication you have suggested? (To tell theTo leave me alone, etc., or worst case, make up a repayment plan to the principal of the loan not the ridiculous amount they are demanding).

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37,986 satisfied customers
I owned the house with my sister here in Maryland. We have

I owned the house with my sister here in Maryland. We have a hard time paying our mortgages (1st & 2nd mortgages) but still current. Do I need to be behind my payment just to get the banks attention? I will be moving out of the country at the end of the year for a job but my sister is staying. We are planning for deed in lieu of foreclosure (short sale might be a long sale). If worst comes to worst, I will apply Chapter 13. My problem is, will the bank go after my sister with deficiency since she is also the owner of the house? Does she needs to apply for bankruptcy too? Is moving overseas justifiable as reason to move or return the house to the lender? Thanks

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Roger

Litigation Attorney

Doctoral Degree

33,582 satisfied customers
My daughter is 55 years old and lost her job in January, 2013,

My daughter is 55 years old and lost her job in January, 2013, had rotator cuff surgery in February, 2014 and is a legal secretary/paralegal. She has not been able to find a job and has health issues. She is broke and owes about $60,000 which includes $30,000 student loans. She owns no real estate, has a 1999 Saturn, and no funds. I have a subscription to Just Answer and pay a monthly fee of $30.00. She lives in Illinois. I have not used the account for some time. Would she be able to sign on under my account. And if not, is she eligible for a Chapter 7 bankruptcy?

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5,238 satisfied customers
How long does it take to file bankruptcy chap 7 in CA, and

How long does it take to file bankruptcy chap 7 in CA, and how should I plan the payment of current obligations (mostly credit cards and medical bills) while filing? I am not sure how long I can continue making payments and wonder if I should file now, but not sure when or if I need to appear in person at some point. Could you share what you know?

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5,238 satisfied customers
Following a controversial construction project, a legal judgement

Following a controversial construction project, a legal judgement is entered in a civil law suit against a non corporate sole proprietorship with a lien attached on their personal residence. Interest on the judgment is to be paid from 2011.Does that mean that a creditor can seek to go back to 2011 and request all the money be returned from a "pool" of all of the subcontractors that have been paid in order to satisfy the lien? If so, would this still be the case in either a Chapter 7 or 11 bankruptcy?

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5,238 satisfied customers
I have a lot of credit card debt and I have lost most of my

I have a lot of credit card debt and I have lost most of my income. I moved to Colorado from California. I rented my home in California. I am not currently late on any of my debt, but I will become delinquent this month. My home is current as well.If I file Chapter 13 will I be made to sell my home in California particularly since I rent it out?If I lived in my home would I be forced to sell it to get the equity out to pay off my debt.

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37,986 satisfied customers
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