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Archive for November, 2006

Married; One spouse filing

I am married but am considering filing bankruptcy. How does this work if I plan on just filing for myself but we have joint debt on our home and farm.I have credit card, doctor bills, and some other personal loans only in my name that I want to eliminate through Chapter 7 bankruptcy if possible.Just curious on how this will affect my husbands’ standpoint and our home/farm?

Chapter 13 repayment to creditors

I understand that with Chapter 13 mutal payment arrangements are set up with the court and the creditors that you owe. My question is this, I am in danger of having my home foreclosed on because I can no longer maintain the payment. I have considered Ch 13, however are the payment arrangements made accomindating to my financial limitations, since I current can’t afford to pay my mortage?

Chapter 13 & rental property

we just received a letter from the United states Bankruptcy court for the district of Colorado. The debtor has filed a Chapter 13 Plan; a hearing has been set for Feb 12, 2007. The person filing is renting our house and has a lease agreement. Is she obligated to pay the rent on the regular due date until the hearing has been completed? If so, what if she does not pay rent? Do we have legal recourse to terminate the lease agreement? I assume we will need to attend the hearing to find out the ‘plan’ of repayment. It states on this web page that the ’stay’ allows a debtor who is behind on their mortgage payments on their principal residence to cure any defaults by bring payments current over a reasonable amount of time period. Here is a question for that: Since this is a rental for the debtor, yet a mortgage for me, does this statement apply? Also when does this ’stay’ go into effect? Is it already in effect? or will that be after the Feb 12th hearing?

Notice of motion to dismiss

My husband and I filed a Chapter 7 bankruptcy. We have just received a notice of motion to dismiss. What does this mean?

chapter 13

Can you pay off a chapter 13 bankrupcy early?

chapter 7 bankruptcy

Im a client of a business who had declared chapter 7. Im just wondering if I will be able to get my 50% down payment Ive made? Thanks