Judgment Lien after Chapter 7 discharge Letter to "Ask Leon"One of my credit cards placed a lien on my house. With a chapter 7 discharge, does that lien go away? The Lien was placed about 30 days before the chapter 7 was filed.Leon Says...The lien does not automatically go away. There is a procedure that [...]
Credit Card Debt and Bankruptcy Letter to "Ask Leon"I've heard that even if your credit cards are declared in the bankruptcy, you still have to pay the remainder under the new law. True or false? Leon Says...False! If the court finds that you are eligible for relief, that your debts were incurred under honest, good [...]
Chapter 1 Refinance Letter to "Ask Leon"We had filed a Chapter 13 bankruptcy around a year ago. We have found a lender that will refinance our house including the payoffs for our two cars. Can we just send the payoffs to the corresponding creditors and quit making payments on our plan?Leon Says...This can only be [...]
Getting Out of a Ch 13 Bankruptcy Letter to "Ask Leon"We filed a Chapter 13 1 ½ years ago. It has been difficult to keep up the mortgage payment since the bankruptcy. We are behind on the mortgage and cannot roll it into the bankruptcy. Is it possible to get out of the Chapter 13 [...]
Converting 13 Case to Chapter 7 Letter to "Ask Leon"In July of 2005, my husband and I filed for Chapter 13. We have since requested a conversion to Chapter 7 but have been denied due to the multiple filings rule in the new bankruptcy act. My question is, does the multiple filings rule apply to [...]
Can I remove a bankruptcy from my credit record? Letter to "Ask Leon"Dear Leon: My ex and I filed bankruptcy in 1998. The major reason was an IRS debt that was unmanageable. For reasons that I won't discuss here my debt was not discharged through bankruptcy. I eventually paid the debt through an offer and [...]
Bankruptcy Credit Reporting Mortgage Letter to "Ask Leon"We filed bankruptcy (TX) and it has gone thought the court. We did not reaffirm our mortgage but have always been on time. Our mortgage company will not report this to the credit bureau. They are reporting that we have not made a payment since Nov 2005 and [...]
Tax Refund & EIC Letter to "Ask Leon"I filed my bankruptcy (ch 7) in MN last October before the new laws took effect and it was discharged Feb 14, 2006. My Trustee has been asking about my 2005 tax returns. I filed my taxes late due to moving and not receiving all my W2s. I'm [...]
Hiding Assets and Money in Kansas Letter to "Ask Leon"I know of a couple who are in the process of filing bankruptcy (chapter 7). He is doing numerous large cash jobs and also acquiring assets that he is hiding from the courts. He also owes back child support that he is hiding the earnings from. [...]
Do I file Bankruptcy or not? Letter to "Ask Leon"I currently live in Indiana. My husband and I have a total amount of credit card debt of around $4000.00. and we have about $2500 in payday loans. We do not own a home. We rent and we have 2 cars that we have loans on [...]