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Niicss
Joined: 03 Oct 2005
Posts: 4770
Location: New Jersey
499.28 Dollars($)
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Randall
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Post subject: Pro - Se Paralegals |
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Do you have pro se paralegal company's to do all the paper work and docs ?
How much ? |
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jameshogg
Joined: 20 Dec 2005
Posts: 10148
Location: Nevada
941.94 Dollars($)
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Post subject: |
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Hi Randall,
If you want to file bankruptcy, then you should contact a bankruptcy attorney and take his opinion in this matter. The charges of the attorney can vary. He will check out your financial situation and let you know which chapter of the bankruptcy filing will be best suited for you.
Thanks |
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sunny
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Post subject: filing chapter 7 & owning a car |
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| a person should be able to keep their car if filing chapter 7 bankruptcy in Florida shouldn't they? |
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jameshogg
Joined: 20 Dec 2005
Posts: 10148
Location: Nevada
941.94 Dollars($)
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Post subject: |
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Hi sunny,
If the person has a car loan, and if he or she reaffirms the debt with the lender when he or she is in Chapter 7, then the person will be able to save his car.
Thanks |
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ginabina
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Post subject: |
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| Can I file bankruptcy with just the credit cards and medical bills that I owe and not my vehicle? Also if I file would i be able to get approved to get an apartment after filing???? Also If my credit card bill went to a collections agency and they are offering to settle for just less then 1/2%, should i do that and will it come off of my credit report If i were to settle??? Thank you |
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grandma3
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Post subject: 1st, 2nd, chpt 7 bk and grandkids |
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| I was divorced after 9 year marriage on 3/27/09. I was in extreme debt because of the divorce and was forced to file chpt 7 bankruptcy-it was discharged in May 2009. My first mortgage owed is $429,000 w/payment of $2,386 a month-not on bk nor reaffirmed- my second is $90,000 w/payment of $586 a month-that got put on bk (not at lawyers nor my request-we think it was the bank's error) These are two separate banks. I have attempted 3 times this yr and attended a public workshop to get both loans modified, but because I was not yet behind they would not even help even though I more than qualify under the Obama plan. Recently my ex-husband has filed Chptr 7 bk including both the mortgage loans and stated that the home was quitclaimed back to me at 0 profit (it was my childhood home in the first place!) My job is somewhat secure (26 yrs) but I will be having a few paycuts due to furlough days and possible medical costs so my income will be less in the very near future. On top of that, my three grandkids have been homeless and the parents want me to take temporary custody - I have the room, I just need the financial help in order to feed, cloth, provide medical and continue to pay my utilities and mortgage payments - I am trying to quickly get set up as a foster care grandparent with the state to assist me with that. The question I have; Since both my ex and I have now filed chptr 7 bk on the 2nd mortgage with that amount of money still owed on the first (home current value is approx. $430,000) What would the odds be that the second mortgage bank would foreclose on the home I need to have to raise the kids in now IF I quit making the monthly payments to the second? Right now the $568 would help with food and utilities until I can get set up. Please advise this working single grandparent raising 3 teens. |
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jameshogg
Joined: 20 Dec 2005
Posts: 10148
Location: Nevada
941.94 Dollars($)
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Post subject: |
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Hi ginabina,
You will be able to file bankruptcy in order to get rid of your credit cards and medical bills. However, immediately after your bankruptcy filing, you will not be able to get a mortgage for buying an apartment. You can go for a settlement with the credit card company in order to get rid of your credit card bills. However, it will be your creditor's discretion whether or not he would remove the negative item from your credit report. Normally, a negative item remains on the credit report for the next 7 years.
To Guest,
The second mortgage lender will have the rights to foreclose in order to recover the dues. However, as there is a first mortgage on the property, if the second lender forecloses it, he will be liable for paying the dues of the first lender before satisfying his own dues. So, in most cases, the second lender does not foreclose the property.
Thanks |
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silas075
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Post subject: quitdeed a property I own and then file bankrutpcy? |
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| I own a property and it does not have a mortgage on it. It is residence for my mentally ill father. It is one of the main reasons I can not file chapter 7 bankruptcy. Can I deed it to someone else and then be able to file bankruptcy? |
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jameshogg
Joined: 20 Dec 2005
Posts: 10148
Location: Nevada
941.94 Dollars($)
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Post subject: |
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Hi silas,
You cannot file bankruptcy immediately after deeding the property to someone else. After you transfer the property, you'll have to wait for at least a year in order to transfer the property to someone else.
Thanks. |
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atate
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Post subject: mortgage ch 13 ? |
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| We are currently in a high interest rate mortgage and we keep falling behind each yr then tax time hits we get it caught up, so were wanting to file chapter 13 to help lower our mortgage payment, can this be done in a chapter 13? |
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jameshogg
Joined: 20 Dec 2005
Posts: 10148
Location: Nevada
941.94 Dollars($)
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Post subject: |
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Hi atate,
Rather than going for Chapter 13 bankruptcy filing, you should contact your lender and apply for a loan modification. This will help you in getting a repayment plan to pay off your dues at an affordable rate.
Thanks |
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anonymous1967
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Post subject: |
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| I filed a Chapter 7 in 2005 and was discharged prior to the laws changing in Illinois. I have since lost my job and I have personal loans and payday loans that i need to eliminate. Can i file a chapter 7 again? |
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adonis
Joined: 22 Oct 2005
Posts: 10250
Location: ALASKA
1043.57 Dollars($)
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Post subject: |
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Welcome anonymous,
As per the new rules, you'll have to wait for 8 years in order to file Chapter 7 bankruptcy again.
_________________
Procrastination is the enemy of your financial success |
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seahorse
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Post subject: Chapter 7 question..... |
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| If my father cosigned on my mortgage and I file chapter 7 bankruptcy but FULLY intend to keep paying my mortgage as usual, will he be notified and aware that I filed bankruptcy? |
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