Katrina bankruptcy Letter to "Ask Leon"Hi Mr. Bayer, i've been reading a lot of these postings trying to educate myself but bankruptcy law seems very complicated. My husband and I are in n.o. and went thru Katrina. I lost my job, company still closed and my husbands company had 5 ft. of water. They are [...]
How much time between bankruptcies? Letter to "Ask Leon"My husband had a chapter 7 bankruptcies that he filed in 1998 and was discharged in 1999. We are in need of filing again due to a disabled mother that is to move in with us. How much time has to pass between bankruptcies?Leon Says...A new law [...]
Filing Bankruptcy Letter to "Ask Leon"I AM THINKING ABOUT FILING BANKRUPTCY. MY CAR IS PAID FOR AND I AM WONDERING IF IT WOULD BE TAKEN FROM FILING BANKRUPTCY.Leon Says...For starters, see the "Exemptions" section in my bankruptcy guide at: http://www.debt-relief-bankruptcy.com/faq-browse11-6/bankruptcy-guide.aspit all depends on what state you live in, the value of the vehicle, and the [...]
Bankruptcy questions Letter to "Ask Leon"My husband and I have considerable (well, in our opinion) debt. We have about $20k in credit card debt, and I think $11k in student loans for my husband, plus repossession that he had I think 8 years ago (before I met him) for $7k and a few smaller debts [...]
Liens included in chapter 7 bankruptcies Letter to "Ask Leon"We filed for CH 7 in April 2005, both person & included a small business that I owned. It was discharged in July 2005. (We paid a settlement of $32,000 to debtors because we had too much equity in our home.) Included in this debt were [...]
My Credit History Letter to "Ask Leon"Hello, I have paid off all of my bills but 3 even though most of them I am settled for the settlement offer which is much cheaper then the bill. These 3 bills add up to about 5,000.00. My question is do u think bankruptcy is necessary. If I [...]
Judgment lein 4 years after Bankruptcy discharge Letter to "Ask Leon"This is coming up now because we are in the process of a re-finance on our home and the title company is showing a lien on our property by this finance company from a judgment that was discharged in my husbands BK in 2001. We [...]
Bankruptcy final in 1986 Letter to "Ask Leon"I filed bankruptcy in 1985 finalizing in 1986. Included was an Illinois loan for beauty school. The loan was not disputed and removed from my credit report. The attorney who handled the bankruptcy led me to believe that all debt was discharged. Now a company (collection agency) is [...]
Should I file bankruptcy? Letter to "Ask Leon"Dear Leon: I am contemplating declaring bankruptcy and need some guidance as to why I should do so, as opposed to trying to clear up my credit otherwise. I am also wondering why I should choose the services of a lawyer as opposed to doing it myself. Basically [...]
Surrendered car bank doesn't want Letter to "Ask Leon"I surrendered a car in bankruptcy and the bank doesn’t want it back because it isn’t running. Won’t give me the title or a statement with a note stating they don't want the car. Car is in storage and I don’t want to pay storage. Nobody will [...]