Bankruptcy Law

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Related Bankruptcy Law Questions
After being in a chapter 13 bankruptcy for 2 years into the
After being in a chapter 13 bankruptcy for 2 years into the 5 year payment term. I would sell my home that there equally after closing. I assume I would have to report the monies. would they take the … read more
Roger
Roger
Litigation Attorney
Doctoral Degree
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For DrakeLAW****, To recap - 1) I am 11 months into a
ForCustomer***Hi, Rich,To recap -1) I am 11 months into a Chapter 13 bankruptcy. My plan has been confirmed and an order on the Trustee's Motion to Allow Claims has been issued.2) My schedules include… read more
DrakeLAW
DrakeLAW
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In Los Angeles California. I filed bankruptcy chapter 13.
In Los Angeles California. I filed bankruptcy chapter 13. Can my federal and state taxes be discharged?… read more
DrakeLAW
DrakeLAW
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We have 2 mortgages on our house. Back in 2009, we filed bankruptcy
We have 2 mortgages on our house. Back in 2009, we filed bankruptcy on the arrears for the 2nd mortgage in a Ch 13. We stopped making payments on that 2nd mortgage and I guess we are protected until n… read more
socrateaser
socrateaser
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Hello- I am on a payment plan for 2011 taxes with the State
Hello- I am on a payment plan for 2011 taxes with the State of SC and The IRS. I owe 9K to the state and 19K to the Fed. I am about to do a Chapter 13 Bankruptcy. Does the 3 year, 2 year, 240 day rule… read more
Elizabeth Prentice
Elizabeth Prentice
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I heard that If I try to include the debt(default judgment
I heard that If I try to include the debt(default judgment with fraud charge) the creditor will most likely open a adversary hearing. Would it be hard to prove that it wasn't a fraud through adversary… read more
wallstreetfighter
wallstreetfighter
Attorney
Doctoral Degree
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A Chapter 13 debtor owes the IRS for back taxes from 4 years
A Chapter 13 debtor owes the IRS for back taxes from 4 years ago. Because the taxes are so old, they are dischargeable in bankruptcy (the taxes also meet all the other factors for dischargeability). T… read more
Phillips Esq.
Phillips Esq.
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JD
21,477 satisfied customers
An embarrassing and impossible issue Ive never known about
An embarrassing and impossible issue I've never known about bankruptcy laws, as I've always had nearly perfect credit. I'm in a bind. Sickness in my household and important things did not get taken ca… read more
Fritz
Fritz
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Good Day. I may have to file for Chapter 7. Have done everything
Good Day. I may have to file for Chapter 7. Have done everything under the sun possible to attempt to prevent, since I am permanently medically disabled. Prior had excellent credit all my life. Under … read more
Ellen
Ellen
Attorney
Doctoral Degree
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How long can I wait to file for Chapter 7 bankruptcy in North
How long can I wait to file for Chapter 7 bankruptcy in North Carolina? I will possibly have a judgment lien placed on my home for a mortgage default on investment property. If so, can I wait for a nu… read more
cfortunato
cfortunato
J.D.
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I am holding on to a significant amount of debt from a previous
I am holding on to a significant amount of debt from a previous business and am very far behind on my credit card payments as well as a home equity line of credit with a balance of just over $80k that… read more
wallstreetfighter
wallstreetfighter
Attorney
Doctoral Degree
11,809 satisfied customers
My Chapter 13 bankruptcy case was just converted to a Chapter
My Chapter 13 bankruptcy case was just converted to a Chapter 7 case as I couldn't get confirmation on the 13. In the 13 case I had IRS debt. I had $1,200 which was secured, $9,397 of priority debt, a… read more
cfortunato
cfortunato
J.D.
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How many year after someone claims a 7 B K, can they file
How many year after someone claims a 7 B K, can they file it again. I am about to lose my house, and its coming on 7 years.… read more
wallstreetfighter
wallstreetfighter
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Doctoral Degree
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I have a lien on the title of my home. am trying to refinance.
I have a lien on the title of my home. am trying to refinance. Had a BK 07aug2009 discharged. Debt on lien is auto that was repoed. 17,000 dollar lien. Judgement was 11 months prior to BK13 that was l… read more
cfortunato
cfortunato
J.D.
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If I have a 1st loan I owe $117,000 and a home equity credit
If I have a 1st loan I owe $117,000 and a home equity credit line I owe $96,000 Can I claim a chapter 13? The house is worth about $170,000. Is it possible to strip the second if there is equity in th… read more
wallstreetfighter
wallstreetfighter
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Doctoral Degree
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Im currently in the process of claiming bankruptcy, I am doing
I'm currently in the process of claiming bankruptcy, I am doing this with an attorney. We are letting our house go in the bankruptcy, we have two loans on the house, the primary loan and a home equali… read more
cfortunato
cfortunato
J.D.
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I owe approx $16k in back IRS Taxes. Was on payment plan until
I owe approx $16k in back IRS Taxes. Was on payment plan until mom's illness, I receive $1288 per mo spouse ss and just started early pension of $815 per month. Sole caregiver for mom who has advanced… read more
Terry L.
Terry L.
Attorney
Doctoral Degree
2,783 satisfied customers
Im currently unemployed and owe $870K in mortgages (two),
I'm currently unemployed and owe $870K in mortgages (two), $80K in federal income taxes, $100K in student loans and $30K in unsecured debt. I plan to short sell one of the homes and allow the other to… read more
Ellen
Ellen
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Doctoral Degree
21,737 satisfied customers

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Meet the Experts:

Terry L.

Terry L.

Attorney

2,783 satisfied customers

Better Business Bureau. 18yrs bankruptcy experience. Chicago Bar Assoc. American Bankruptcy Institute member.

cortrightlaw

cortrightlaw

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513 satisfied customers

Attorney practicing Bankruptcy Law including Chapter 7, Chapter 11, Chapter 12, and Chapter 13.

JoeLawyer

JoeLawyer

Attorney

376 satisfied customers

Attorney in the practice of Bankruptcy Law since 1996

A.J.

A.J.

Attorney

262 satisfied customers

Experienced consumer bankruptcy attorney.

Fritz

Fritz

Attorney

209 satisfied customers

Florida attorney with extensive experience in Chapter 7 and Chapter 13 consumer bankruptcy cases

Law Girl

Law Girl

Attorney

153 satisfied customers

I am an attorney.

Paul K, Esq.

Paul K, Esq.

Attorney

141 satisfied customers

10 years Exp., Great customer service, Prompt responses.

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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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