Potential bankruptcy client wants to sell car in return for promissory note. I don’t see a point. If she does it make sure she is listed on the title as a lienholder. I’m in a contested situation with Wells Fargo over valuation of real estate in a Chapter 13. The appraisal we got before filing [...]
You need to compare credit cards among the hundreds of different credit cards. This helps to know what type of credit card, you should use. If you are also covered in extinguish any balance each month, then you can take full advantage of the effective “interest free” period between purchase and each monthly settlement date. [...]
Old friend sold produce to a restaurant over many years. Good customer and good pay until early summer when it had quadrupled to midteen thousands a fire destroyed premises and produce etcetera. Landlord and tenant carried insurance as did ten other occupants of the building. Friend sues customer for goods sold and delivered. Ten tenants [...]
Since client is dumping unsecured debt she is in a good position to pay her monthly payment on the car. Retain and pay is what I would like since I think that is the best avenue for the client. We have not signed any reaff yet. It just came in mail yesterday. Despite [...] View [...]
The ongoing economic depression affects people around the world. Individuals have difficulty in maintaining themselves. And many borrowers will find it almost impossible to redeem their debts and become debt free. To find a way out, the declaration of bankruptcy may seem the way out. Even if one fails to find solutions to long-term benefits, [...]
Potential client (dad) received notice from the Chapter 7 trustee asking dad to return $15,000 that daughter (debtor) paid to dad six months before filing her petition. Daughter used a convenience check from her credit card to pay a debt she owed to dad. Dad does not have the money. It does not appear any [...]
Section 554b of the bankruptcy code provides on the request of a party in interest and after notice and hearing, the court may order the trustee to abandon any property of the estate that is burdensome to the estate or that is of inconsequential value and benefit to the estate. The Oklahoma City bankruptcy attorneys [...]
I have a discharged Debtor who was being sued in state court (along with other defendants) when bk commenced for attorney fees on a contingency case that she walked away from (attorney claims he is still owed money because Debtor walked away from case and had placed of her home -that has no equity- in [...]
Your health should be the top priority for your finances – However, as the results may sometimes be devastating. According to a Harvard University study, medical expenses fully motivated half of all documentation for bankruptcy. Furthermore, all three quarters of those bankruptcy filers had health insurance, in any case in which first became ill. Thanks [...]
Treasury Secretary Henry Paulson was asked by a reporter during the Sept 2008 bombshell announcement hearing, where the current era of bank bailouts was born, whether the foreign buyers of our nation’s debt had contacted him to express their frustration in the quality of the debt and the debt reporting. Paulson did not respond but [...]
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