Bankruptcy Law

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I have small third mortgage ( trust deed and a note) on a
I have small third mortgage ( trust deed and a note) on a residence. Wells Fargo has the first TD and the 2nd TD . The owner is in foreclosure and I fear being cut off by a sale. what can I do? Can i … read more
Mark
Mark
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Doctoral Degree
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Chapter 7 filing. State: In a simplified example, if a Chap
Chapter 7 filing. State:In a simplified example, if a Chap 7 filing successfully results in the cancellation of $100K of unsecured debt, does the person filing the Chap 7 owe federal taxes on the $100… read more
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Phillips Esq.
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I have some questions about bankruptsy. I have about 7k in
I have some questions about bankruptsy. I have about 7k in credit card debt at the moment. I'm on SSI Disability and my monthly income is less that $800. I'm just about to finish my masters in Educati… read more
Loren
Loren
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I had a BR case in 2005 that the trustee filed to get the corpus
I had a BR case in 2005 that the trustee filed to get the corpus of my trust. He was granted this motion due to my attorney not answering the motion. He has since been disbarred. The case has been hel… read more
Attorney2020
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My husband and I were both disabled from a car accident in
My husband and I were both disabled from a car accident in 1998. Over the years (we couldn't get any help whatsoever) we had to resort to credit cards for medical bills and medications. We both haqve … read more
wallstreetfighter
wallstreetfighter
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in a consumer bk filing, (chap. 7), the debtor set up and operated
in a consumer bk filing, (chap. 7), the debtor set up and operated multiple business entities (corporations) over a period of years. several of the entities kept imperfect books and records or none at… read more
Roger
Roger
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Florida Resident - need Florida legal response. Retired
Florida Resident - need Florida legal response. Retired from military in Jun - Have military pension and VA Disability - have been unemployed except for a part-time adjunct job for six month that has … read more
cfortunato
cfortunato
J.D.
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I have a $310,000 1st Mortgage and a $53,000 Equity Line on
I have a $310,000 1st Mortgage and a $53,000 Equity Line on my home - each loan is with a different lender. The home is now only worth about $150,000. I am in Foreclosure on the 1st Mortgage and have … read more
Terry L.
Terry L.
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In the state of Colorado, how much of your vehicles will they
In the state of Colorado, how much of your vehicles will they take in a Chapter 13 bankruptcy. They have an old fifth wheeler and an old four wheeler. Can they sell them to pay their legal fees? Or do… read more
cfortunato
cfortunato
J.D.
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In PA, does the per diem portion of the pay for a temporary
In PA, does the per diem portion of the pay for a temporary contract job (3 mos, 6mos etc) count as income in a bankruptcy filing if the contract location is "out of state (or more than 100+ miles awa… read more
Roger
Roger
Litigation Attorney
Doctoral Degree
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I have been sued by a credit card company. I have 20 days
I have been sued by a credit card company. I have 20 days to supply the answer. I am weighing whether to file Chap 7 or Chap 13 Bankruptcy. I have some farmland and tractors and implements. Also, have… read more
cfortunato
cfortunato
J.D.
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Im in a chap 13 from a Chapter 7 because of equity in house.
I'm in a chap 13 from a Chapter 7 because of equity in house. I have made 6 monthly payments of $960 and cannot make payments because of lost income. Chap 13 Trustee filed a motion to dismiss, and my … read more
Ellen
Ellen
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Filing Chap 7 in California, just waiting on discharge hearing
Filing Chap 7 in California, just waiting on discharge hearing to be scheduled. Weighing options for current vehicle, (surrender, reaffirmation, redemption, replacement), which I am not current on. Pl… read more
Terry L.
Terry L.
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I am a 56 year old diabetic, with High BP, I have had a divorce,
I am a 56 year old diabetic, with High BP, I have had a divorce, loss two toes left foot, had two strokes and a right leg amputation, I have lost vision in my felt eye, I have lost my full time job an… read more
socrateaser
socrateaser
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If someone is preparing to submit Chap 7 paperwork & they have
If someone is preparing to submit Chap 7 paperwork & they have an LLC that is sold before the Chap 7 is initiated, is the income transfered to the new owner from the point of the sale? What about work… read more
Roger
Roger
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Doctoral Degree
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My wife filed for Chap 13 (16 months ago) My question is I
My wife filed for Chap 13 (16 months ago) My question is I have 2 children with my wife and take care of a younger sister who I claimed this year. We already filed and I am expected to get 11,000. The… read more
Ellen
Ellen
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My wife live in Ta. Fl. We are in the process of filing b.k.
My wife live in Ta. Fl. We are in the process of filing b.k. and are so confused about the chap13. We are filing because I had a loss in income and we have 5 invest properties that have tanked as well… read more
socrateaser
socrateaser
35,655 satisfied customers
The debt was incurred before i married my husband in NY state
The debt was incurred before i married my husband in NY state 2 months ago. I have not worked for past 2 yrs but my new husband does have a job. Will I still be forced to file Chap 13 instead of Chap … read more
VanDLaw
VanDLaw
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Meet the Experts:

Terry L.

Terry L.

Attorney

2,772 satisfied customers

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

cortrightlaw

cortrightlaw

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

JoeLawyer

JoeLawyer

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376 satisfied customers

Attorney in the practice of Bankruptcy Law since 1996

A.J.

A.J.

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Experienced consumer bankruptcy attorney.

Fritz

Fritz

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

Law Girl

Law Girl

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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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