Grandpa is filling chapter 7 bankruptcy can I keep my car since he was a co signer to me?
He is filling chapter 7 bankruptcy and he is my co signer on my vehicle will I be able to keep my vehicle since he is filling for this or not.
just re-affirm
Does anyone know what the cheapest you can do a chapter 7 bankruptcy for?
We live in Blue Springs MO, we need to file for a chapter 7 bankruptcy and so far all the lawyers we’ve contacted seem very expensive, and my husband does not have a job right now so money is very tight! So if any one knows of a good cheap bankruptcy lawyer let me know!
http://diylegalinfo.com/bankruptcy_Links.html has a lot of information on bankruptcy questions, how to handle them yourself and other information.
Will I lose my work tools if I file for chapter 7 bankruptcy?
I am an auto mechanic and I need to file for chapter 7 bankruptcy. Will I lose my work tools if I file?
You’re required to list all assets when you file for bankruptcy. You take an oath with the court saying you’re telling the truth. If you don’t have a paper trail that follows the tools (such as purchasing with some sort of loan) than hide them in a friend’s garage and don’t list them as assets, that is at least what I would do. If the court knows you have them as an asset you may be required to liquidate them. Talk to a lawyer.
How much does it cost to file chapter 7 Bankruptcy in California?
How much does it cost to file chapter 7 bankruptcy in California?
The filing fee (nationwide, not just CA) for Ch 7 bankruptcy is $299. You can expect your attorney fees to be in the range of $1500 – $2000 in California. Your bankruptcy attorney does far more than "fill out forms."
You can hire a non-attorney form-filling-out service for $300 – $600 but if "filling out forms" is all you want (NO legal advice can legally be given by "form-filling-out" services) you can do that yourself for free (not recommended, but some have done it and managed not to get their cases dismissed for common pro se filing errors).
chapter 7 bankruptcy when do I give my car up?
I am going to file a chapter 7 bankruptcy, and I will surrender my cars. I am up to date with both payments, but will not make March 1st payments on them. When should I expect to surrender them to the banks?
If you want to get rid of them as soon as possible, you or your attorney can arrange for the surrender as soon as the creditors receive the Statement of Intentions indicating that you intend to surrender them… which would be about 2-5 days after the Statement of Intentions is filed in your bankruptcy case.
If you want to be able to drive them longer, you can usually manage to wait about 45 days after your Statement of Intentions has been filed.
Sometimes arranging the surrender can be problematic. If the vehicles are not properly licensed and insured (or if not in drivable condition) most attorneys advise requiring the lender to pick them up rather than you taking them to the lender’s place of business (if you get in an accident on the way to surrender the vehicle, you may be legally liable for any damages to, or caused by, your vehicle — not to mention that it may be illegal for you to drive a vehicle that is not properly licensed, insured or inspected).
If the vehicles are licensed, insured and operable, and you can legally operate them (you are properly licensed, etc.) it may be as simple as driving the vehicle to the lender’s place of business and dropping off the keys. But if it is any more complicated than that, talk to your bankruptcy attorney about arranging for the surrender.
In some cases, lenders may neglect to pick up the vehicle for months (or years) on end. This can be a problem (for example, if your municipality declares them to be "junk" and requires you to remove them from your property). If this could be an issue in your case, talk to your bankruptcy attorney about ways to resolve.
In a chapter 7 bankruptcy, is a property that I own free and clear with a partner considered exempt?
I am considering filing for chapter 7 bankruptcy. I qualify based on the means test, but I purchased an investment property with a business partner 2 years ago. there is no mortgage on the property and it’s only worth about 40k. How would a trustee normally handle this property since there is another owner who is not filing for bk and is not my spouse? does that make that property exempt?
No, neither the fact that you own it with a partner nor the fact that you own it "free and clear" makes it exempt. Florida (which your screen name seems to indicate you may be from) has an exceptionally generous homestead exemption, but that is for a homestead in which you are living.
See a local bankruptcy attorney to discuss how this property may be affected by your bankruptcy filing, and also to discuss other options if the Ch 7 option does not sound feasible.
I recently filed chapter 7 bankruptcy in Illinois will I be able to keep my tax refund?
I recently filed chapter 7 bankruptcy in Illinois will I be able to keep my tax refund?
Maybe. You have not provided enough information.
What happens to my medical insurance if I file chapter 7 bankruptcy and include a bill from that carrier?
I have Kaiser and need to keep my coverage because I may not be approved if I try to reapply somewhere else. But I have a medical bill with them that I plan to include in a chapter 7 bankruptcy. Has anyone gone through this? Will Kaiser drop me if that bill gets discharged? Thanks for the help!
Check all the pros and cons of Bankruptcy here. http://bankruptcy-info.we.bs/
Good Luck…
Joint bankruptcy with a single Chapter 7 on record?
I filed for chapter 7 bankruptcy in 2005 and we did not include the house. Now my wife & I will be getting a divorce. Is it possible to file a Joint Bankruptcy when it has been only 4 years since I filed myself? We’re in Tennessee if that matters.
Sorry, I couldn’t remember the word "re-affrimed" when I was typing my original question. I did re-affirm the house during the Chapter 7 filing.
Since it has only been 4 years since the last time you filed, your only option for bankruptcy at this point is a Chapter 13 where you will be expected to pay monthly toward your debts.
Did you have the mortgage when you filed 4 years ago? If so, you were required to include that debt in the bankruptcy. If you did not, you committed fraud. Look at your BK paperwork or contact your lawyer from 4 years ago to verify the debt was included. If you did include it, unless you reaffirmed the debt, you do not have to pay the mortgage. You can walk away.
If you did not include the house, if you file now, they will figure out you failed to list all your debts and may examine your old case.
Is chapter 7 bankruptcy the right thing to do?
My sister has been on SSI ( social security income ) due to a disability for a few years. She got 3judgmentsered judgments against her from creditors ( about $ 10,000), she has no way to pay now. I advised her to file chapter 7 bankruptcy to wipe out this debt, Is it legal to file for chapter 7 bankruptcy in this case ?
Thanks for help
Your sister can file for bankruptcy but the regulations require spending a year in credit counseling which you pay for, then the actual bankruptcy costs are for the lawyer and around $300 for court costs.
A much easier way in her situation would be to send all her creditors a letter stating she is judgment-proof because she is on SSI and has no assets, and quote the section of the Fair Debt Collection Act in the letter. That will probably end the problem.
Before she gets sued for these debts I suggest sending the letters to each creditor. You can find this form letter on line at several websites.