| Author |
Message |
anonymous22
Guest
0.10 Dollars($)
|
Post subject: |
|
|
| We are going through the chapter 7 process--are shares in a company --exempt. they came from the company I worked for and then changed jobs--so I split the 401K and placed some in an annuity and some i left as shares in the company? |
|
 |
Niicss
Joined: 03 Oct 2005
Posts: 4770
Location: New Jersey
499.28 Dollars($)
|
|
|
anonymous47
Guest
0.10 Dollars($)
|
|
Post subject: home exemtion |
|
|
| In FL, if I sell my home before filing ch.7 bankruptcy,can I keep those proceeds? |
|
|
Bekka1973
Guest
0.10 Dollars($)
|
|
Post subject: hello |
|
|
Me and my brother are owners on a mobile home in PA. Him and his wife just filed for bankruptcy just as I was about to pay off the mobile home. I asked him if this will be affected and he said no. Well I just received a call a few days ago with him telling me it will be affected and they may take the home. It is paid off by me. He may have made only $1,000 in payments since we had the trailer. The mortgage company wouldn't put the trailer in my name either even though I have checks back from the 90's proving I paid for this place. I paid the trailer taxes, insurance and 99% of the mortgage payments. This mobile home is still in a park also. Can I save my home?  |
|
|
alexis
Guest
0.10 Dollars($)
|
|
Post subject: federal and state taxes |
|
|
| Can you include federal and state taxes owe in a Chapter 7 bankruptcy? |
|
|
Fort wayne
Guest
0.10 Dollars($)
|
|
Post subject: Chapter 7 |
|
|
I had filed a chapter 7 and it was discharged in 2004, since then with the economy and stuff i had to file a 13. that too was just dismissed not discharge, and due to the attorney not filing papers on time. is there a way i can file another 7? what are my options?? i would like to file on my own as well.
[Email address deleted as per forum rules. Thanks.] |
|
|
Niicss
Joined: 03 Oct 2005
Posts: 4770
Location: New Jersey
499.28 Dollars($)
|
|
Post subject: |
|
|
To Bekka,
It will be difficult for you to save your home when the property is included in bankruptcy. You can consult a lawyer and check out if you would be able to save the property if your brother dismisses the bankruptcy. However, if he dismisses the property, he won't be able to refile again. He will have to wait for at least a year and then refile again.
To alexis,
As far as I know, federal and state taxes won't get discharged in your bankruptcy filing. However, you can include them as your debts.
To wayne,
As far as I know, you will not be able to refile bankruptcy before 8 years. You'll have to wait for 8 years and then file Chapter 7 again. It's better to take the help of an attorney and then file bankruptcy.
_________________
Good is the Enemy of Great. |
|
|
dlZucker
Guest
0.10 Dollars($)
|
|
Post subject: converting from chapter 13 to 7 |
|
|
| I started a chapter13 aug.2009 then in dec2009 had to convert to a chapter 7 due to still being unemployed. To survive , in January 2010 I took money out of my rollover IRA to get make ends meet. Maybe this was the wrong thing to do because I am in bankruptcy. Was i wrong in doing this? |
|
|
Jasmine
Guest
0.10 Dollars($)
|
|
Post subject: |
|
|
| State laws vary in this regard. I would suggest you to contact your bankruptcy attorney in this matter. Rather, you should have contacted him before rolling over the IRA to make your ends meet. He would give you suggestions in dealing with this situation. |
|
|
stein
Guest
0.10 Dollars($)
|
|
Post subject: chapter 7 bankruptcy and 401k |
|
|
| i paid 26000 for my daughters divorse.she had to file chapter 7 bankruptcy after.she is now to get about 16000 from the share of the 401k that they had together.she owes me this money.my question is,can she put the money in my account?who is responsible for the taxes on this money if it can legally go to me?frustrated,and dont want to get into any legal problems. |
|
|
Jasmine
Guest
0.10 Dollars($)
|
|
Post subject: |
|
|
| There are chances that the amount that your daughter gets from the 401k account will be used by the bankruptcy trustee to pay off the creditors. I would suggest your daughter to speak to her bankruptcy attorney and then transfer the money to your account. |
|
|
loveal10
Joined: 18 Feb 2010
Posts: 1
1.26 Dollars($)
|
|
Post subject: what happens to savings account |
|
|
Hi,
I lost my job approx. a year ago and while I've attempted to keep up with my credit card payments, I simply can't do so and pay rent with my unemployment compensation. I'd like to file chapter 7 and had a consultation with an attorney but I was informed that I could only have $4000.00 on hand when the case is filed. I have a bit more, $10,000.00 but that's all the money I have to my name and my unemployment benefits are set to exhaust at the end of March. I would have to use my savings for living expenses until I find some work. Just wanted to confirm that the info that I received from this attorney is correct? I can only have 4000.00 when I file? Does this apply to someone like me who technically doesn't have any income? I living in Illinois if that helps. |
|
|
Niicss
Joined: 03 Oct 2005
Posts: 4770
Location: New Jersey
499.28 Dollars($)
|
|
|
notperfect
Guest
0.10 Dollars($)
|
|
Post subject: credit counseling |
|
|
| where do you get credit counseling, and if you do not have a home, or cd only social security, how much cash can you retain from savings. |
|
|
Marianna
Guest
0.10 Dollars($)
|
|
Post subject: tax refund in chapter 7 |
|
|
Hi,
I filed Chapter 7 last week. I don't have a house or a car .
I am expecting a tax refund though but I haven't filed yet
I am pro se, I can't afford an attorney. Do you think the Trustee will require me to file and turn over my refund? I know it depends on state law but I can't find any concrete info on this. Any help is appreciated
thanks |
|
|
Previous 1, 2, 3, ... 15, 16, 17, ... 42, 43, 44 Next 
