Join the 9 million people who found a smarter way to get Expert help

Recent Disability questions

Terry, I asked a question on the 20th about a bankruptcy.

HI Terry, I asked a question on the 20th about a bankruptcy. Now 2 days away from court the agency that are trying to sue me for a 33k debt for a car titled to me no liens.They wouldn't negotiate before but now that my credit was been ruined from 780 to 450 they are. They offered 30k with structure payments. That not an option. Can you give me insight on a counter? Or should I go thru with the bk has I now have multiple charged off accounts? Or should I try to negotiate those too?

Read more

Terry L.

Partner

Doctoral Degree

2,928 satisfied customers
I'm in California and I have recently been on disability and

I'm in California and I have recently been on disability and will continue being on disability for awhile. I have been and will be at reduced pay and under financial stress will need to file chapter 7 soon. I have consultation appointments with bankruptcy attorneys however some burning questions keeping me up late at night, mostly involving transfer of vehicles prior to my consideration of bankruptcy.1. Early 2015 purchased honda civic $4k for my son (lives at diff address) and kept title under my name because he didn't have license and because we kept the vehicle on my insurance and under my address. Fast forward Oct 2016 still no license he expressed lack of motivation due to not happy with vehicle and not having at his home. We sold honda civic $4500, and we bought a different vehicle put under son's name due to insurance reasons reflects his current address and his mother paying the insurance. Will this vehicle be demanded back by trustee?2. Mid 2014, my 2 siblings and I pitched in money to buy my older parents a 2014 Nissan altima ($15k price vehicle split 3 ways) and I kept vehicle in my name because I was covering insurance at my father's request. Fast forward Oct 2015 I asked siblings to take over insurance payments because of my reduced income, and long story short there was a disagreement on why vehicle is under my name instead of parents. To resolve the dispute since instead of paying back my siblings for the original cash they had pitched in, I had transferred the title to my siblings and stated as a sale transaction of $8k implying that was the amount they originally pitched in for the vehicle as well as the $800 in tax they'll have to pay for the transaction. Will this now also be flagged as inappropriate transfer of asset and will the vehicle be taken back by trustee?3. August 2015 my wife had a breast augmentation that cost $7k , however, my mother in law fronted the money by paying the surgeon and then I gave my mother in law $5k to cover most of it since she was gifting us $2k of the cost as a gift. Will this also be flagged as inappropriate transfer of cash and will they go after mother in law for the cash?My hopes is to keep my chapter 7 low key and unknown to relatives and friends however these above issues concern me.

Read more

TJ, Esq.

Juris Doctor (JD)

11,622 satisfied customers
I have the following debts: 42,000 student loan (Feds)

I have the following debts:42,000 student loan (Feds)14,000 car loan12,000 signature loan26,000 credit cardsI've been unemployed 5 monthsAssets:22,000 in pension account600 in Series e savings bonds2000 in stock and bonds account3200 in 401k1000 cashI do receive 1,900 in unemployment benefits a month but that will run out in 2 monthsIs it as hopeless as I feel it is? Should I file for bancruptcy now?

Read more

mmdesq

Attorney

Doctoral Degree

1,066 satisfied customers
BANKRUPTCY: Debtor is filing Chapter 13. The debtor has no

BANKRUPTCY: Debtor is filing Chapter 13. The debtor has no priority debts; and only one secured debt (auto they will pay outside of the plan); can the Debtor specify an unsecured debt (Credit Union Loan in repayment through payroll deductions) to be repaid OUTSIDE of the plan?The Debtor works for the Credit Union where the Loan is in repayment through payroll deductions. If yes, how is that debt identified in the Chapter 13 plan?

Read more

DrakeLAW

Juris Doctorate

1,064 satisfied customers
Do you have to include VA disability as income on the

Hello...Do you have to include VA disability as income on the chapter 13 and/or chapter 7 means test, Debtor is not 100% disabled but is 80% disabled...thank you in advance for your assistance

Read more

DrakeLAW

Juris Doctorate

1,064 satisfied customers
I am retired Navy and 100 percent service connected disabled

I am retired Navy and 100 percent service connected disabled veteran. I am married and my husband and I may have to consider bankruptcy as our debts have become out of control. I recently tried to commit suicide. Can the V.A. turn my VA Compensation money over to a fiduciary if they find out that we had to file for bankruptcy?

Read more

LawTalk

Attorney at Law

Juris Doctor

35,922 satisfied customers
Someone owes a so called PLUS loan, a type of federal

Someone owes a so called PLUS loan, a type of federal student loan that he acquired to pay for his son's college. He cannot afford it anymore and is considering default. If he defaults, can the liability be transferred to the son? Also, please confirm if there is any chance of including it in bankruptcy.

Read more

Alex J. Esq.

Managing Attorney

Doctoral Degree

22,646 satisfied customers
We fell out of bankruptcy due to my income is dropped due

we fell out of bankruptcy due to my income is dropped due disibility, our income is now half. the problem is my creditors are wells fargo and the IRS. What do I do? how can I get the bankruptcy done?

Read more

LawTalk

Attorney at Law

Juris Doctor

35,922 satisfied customers
I am a disabled vet with 60%, and I want to file bankruptcy

I am a disabled vet with 60%, and I want to file bankruptcy with my spouse. We accrued all debt while serving actively. My question is since I already pass the means test according to the SCRA, does my wife also automatically pass or does she have to use her income and take the means test. No Bankruptcy lawyer that I have spoke with could tell me a definitive answer.

Read more

LawTalk

Attorney at Law

Juris Doctor

35,922 satisfied customers
View more bankruptcy law questions
In The News