Bankruptcy Law

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Related Bankruptcy Law Questions
This pertains to a chapter 7. I am surrendering the car I
I am surrendering the car I have so I financed another car a week before filing. When I went online to set up my profile the recording told me that my account has been included in a bankruptcy filing. I still owe $1000 to the dealer as part of a $1500 downpayment. Do I return the car and wait for the trustee to give me the go ahead to make purchases? … read more
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Question /Bankruptcy Lawyers: I am about to be served a
Question for Foreclosure/Bankruptcy Lawyers: I am about to be served a foreclosure notice for my primary residence Florida home. This is the 2nd time. A loan mod was taken and the trial period complet… read more
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My credit cards are almost completely maxed out and very high
My credit cards are almost completely maxed out and very high limits and I will likely not be able to pay them down. I am considering filing bankruptcy. I have a friend who went through this process i… read more
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I am filing a chapter 7 bankruptcy and i have a car that i
I am filing a chapter 7 bankruptcy and i have a car that i am going to reaffirm. With that being said i also have a cosigner on my car loan. Can my cosigner object my reaffirmation agreement and force… read more
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I have to file bankruptcy. I do not know the difference in Chapter 7 and Chapter 11. Can
I have to file bankruptcy. I do not know the difference in Chapter 7 and Chapter 11. Can you help me. I live in Florida. Thank you… read more
Dylatess
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My wife and I are considering filing either Chapter 7 or Chapter
My wife and I are considering filing either Chapter 7 or Chapter 13, but she has a car that already has 130K miles on it. It will not make it through the bankruptcy period. We have three kids so would… read more
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My wife and I will be filing chapter 7 in Florida with a combine
My wife and I will be filing chapter 7 in Florida with a combine debt load of over 500,000. I was at one point a extremely successful businessman, I got hurt - worked my way toward geting back to work… read more
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I think I would qualify for Chapter 7 bankruptcy, except that
I think I would qualify for Chapter 7 bankruptcy, except that my mother put my name along with hers on the deed to her house. I would not want her home to be sold by the trustee in order to pay off my… read more
Terry L.
Terry L.
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I have been in a same sex relationship with my boyfriend for
I have been in a same sex relationship with my boyfriend for almost 16 years. I have been on ssi for 14 years because of depression and hiv. We bought a house together 4 years ago and he cosigned on m… read more
Roger
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We are considering filing chapter 7 or 13, I need to know if
We are considering filing chapter 7 or 13, I need to know if we in fact even qualify for chapter 7 and 'if' some of my assets will be protected.. we live in CA, we are married we have 2 small children… read more
wallstreetfighter
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Even though I am a neurologist and on this site as a expert,
Even though I am a neurologist and on this site as a expert, I am still confused about my own legal situation. I am default on a corporate loan for my practice. With fees etc the amount I am being sui… read more
Ellen
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My parents live in Florida and owe $180,000 in credit card
My parents live in Florida and owe $180,000 in credit card debt. They also owe about $270,000 on their mortgage. But they have social security and a pension worth about $80,000/yr. What is the most li… read more
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My mom used my car to get a secured loan, now Im stuck making
My mom used my car to get a secured loan, now I'm stuck making the payments. Is there a way for me to transfer the title to her name and get from under this debt. What happens if I file Chapter 7 bank… read more
Terry L.
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I have 3 real estate investment properties...bought during
I have 3 real estate investment properties...bought during the heyday of easy financing=lousy rates! I cant refi. because now my credit is damaged. All the properties have tenants, but none pay the fu… read more
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My parents bought a rental property in 1999 which I currently
My parents bought a rental property in 1999 which I currently in the state of Wisconsin rent from them. I am in the middle of Chapter 7. When I was in court on the Chapter 7 it was disclosed that my f… read more
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My sister took out a business loan and due to her credit was
My sister took out a business loan and due to her credit was unable to secure it by herself. My mother co-signed the loan with her home and assets as colateral. Since, my sister's business has gone un… read more
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Terry L.
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I was laid off from my job 10/30/2008, I was earning 6k+ a
I was laid off from my job 10/30/2008, I was earning 6k+ a month in the auto finance biz. All I have comming in now is $1100 x mo unemployment comp. I live in Florida, I own a home that is aprox. 50k … read more
Ellen
Ellen
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I was separated for 2 years then divorced. During that separation
I was separated for 2 years then divorced. During that separation time my ex husband was suppose to sell our marital home. He held the mortgage alone. He waited so long to but the house on the market … read more
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Roger
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Meet the Experts:

Terry L.

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Paul K, Esq.

Paul K, Esq.

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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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