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Related Bankruptcy Law Questions
Repossession can only be done if you pledged an asset in
repossession can only be done if you pledged an asset in return for a loan. Only that asset my be repossessed if the loan is defaulted upon. If you have a judgment against you though the court then a … read more
Christopher B, Esq.
Christopher B, Esq.
Attorney
Juris Doctor
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Mainly the only time a lien would be put on is if you
mainly the only time a lien would be put on is if you default on a loan for a home or car and they cant get the funds to payoff that loan correct?… read more
Christopher B, Esq.
Christopher B, Esq.
Attorney
Juris Doctor
12,752 satisfied customers
Repossession can only be done if you pledged an asset in
repossession can only be done if you pledged an asset in return for a loan. Only that asset may be repossessed if a loan is defaulted upon. correct? But if youve not gotten a loan they cant go after y… read more
Christopher B, Esq.
Christopher B, Esq.
Attorney
Juris Doctor
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Esq. 1) There is a credit card bill (Capital One) that I
This Question is for Phillips Esq. Hello, 1) There is a credit card bill (Capital One) that I defaulted on and now I've been sued and a default judgment has been made regarding the payment. I did not … read more
Adam Yarussi
Adam Yarussi
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Can I discharge a real property lien with Chapter 7
can I discharge a real property lien with Chapter 7 bankruptcy in California … read more
Jessica B
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im trying to get a loan modification on my home. and during
im trying to get a loan modification on my home. and during this process a lien came up on my property from over9 years ago. The lien is from Bank of America in March 2004. I filed bankruptcy in May 2… read more
wallstreetfighter
wallstreetfighter
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Doctoral Degree
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what do I need to do if my ex owes child support arrears and
what do I need to do if my ex owes child support arrears and is filing chapter 13 bankruptcy?… read more
wallstreetfighter
wallstreetfighter
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What are my options to keep my car from repossession if my
What are my options to keep my car from repossession if my creditor has filed a motion for relief from stay in my Chapter 7 bankruptcy case to repossess it because I am behind on my payments and there… read more
TJ, Esq.
TJ, Esq.
Juris Doctor (JD)
12,633 satisfied customers
Tell me about unsecured debt. What option does a credit card
Tell me about unsecured debt. What option does a credit card company have if I fail to pay the debt?… read more
Roger
Roger
Litigation Attorney
Doctoral Degree
27,236 satisfied customers
If a creditor with a secured debt files a claim in the bankruptcy,
If a creditor with a secured debt files a claim in the bankruptcy, then the claim is disallowed, can the creditor take the property that is for the secured claim and sell it to pay the secured claim t… read more
TJ, Esq.
TJ, Esq.
Juris Doctor (JD)
12,633 satisfied customers
My mother is in her late 80s and has a large credit card debt
My mother is in her late 80's and has a large credit card debt and wants to file for bankrupcy. Her mind is starting to go, she has cancer and probably doesn't have much longer to live. What would hap… read more
Roger
Roger
Litigation Attorney
Doctoral Degree
27,236 satisfied customers
My Ch. 7 bankruptcy petition is due to discharge on 6/2/10.
My Ch. 7 bankruptcy petition is due to discharge on 6/2/10. Does that mean that all of my debt is discharged except for taxes, medical bills and educational loans? And if that's true, on what legal ba… read more
Terry L.
Terry L.
Attorney
Doctoral Degree
2,879 satisfied customers
A debt owed to a secured creditor by reason of a lien on a
A debt owed to a secured creditor by reason of a lien on a motor vehicle, was discharged in bankruptcy, pursurant to Section 727(a) of Title 11 (The Federal Bankruptcy Code).(The court found that the … read more
socrateaser
socrateaser
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I live in the state of Missouri. I have an SBA loan from US
I live in the state of Missouri. I have an SBA loan from US Bank which I took out about 1 year ago to offset operating expenses for LifeLong Fitness,LLC. I have allowed it to become 118 days late due … read more
Roger
Roger
Litigation Attorney
Doctoral Degree
27,236 satisfied customers
I am considering defaulting on a boat loan. This loan is considered
I am considering defaulting on a boat loan. This loan is considered unsecured. Other than repossession, what are the legal and credit repercussions in doing this. I live in the state of New Hampshire.… read more
VanDLaw
VanDLaw
Attorney
Juris Doctor
828 satisfied customers
I live in Oklahoma and I was recently served with a summons
I live in Oklahoma and I was recently served with a summons stating that I am being sued by a creditor to have my wages garnished. The debt in question was a car loan, the car was repoed in Sept. of 2… read more
VanDLaw
VanDLaw
Attorney
Juris Doctor
828 satisfied customers
I recieved court papers filed by my creditor for a ...
I recieved court papers filed by my creditor for a unsecured loan, to seek judgement against me and I''m worried to death about it, what is the legal process and does it have the same result on my cre… read more
TJ, Esq.
TJ, Esq.
Juris Doctor (JD)
12,633 satisfied customers
i am laid off. i have 45000 in credit card debt. i always ...
i am laid off. i have 45000 in credit card debt. i always thought that if need be i would get a home equity loan to consolodate my debt with 100000 dollars equity. i was turned down because i am laid … read more
VanDLaw
VanDLaw
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Juris Doctor
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Meet the Experts:

Terry L.

Terry L.

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JoeLawyer

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Paul K, Esq.

Paul K, Esq.

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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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