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  1. Im asking this on behalf of my husband. He wants to know when he will be able to file for bankruptcy again. He last filed on Dec2003 and was discharged on 2004.

  2. When a corporation files bankruptcy are they obligated to pay the employees earned wages, vacation pay or benefits?

  3. what is the protection when filing BK 7 for your IRA's and savings account

  4. MY hUSBAND HAS A 2ND LOAN ON THE HOUSE FOR $111,000.00 BUT WE CAN NOT AFFORDED IT ANYMORE HE WAS LAID OFF NOV 2009 HE IS WORKING NOW BUT MAKING LESS MONEY. DOES HE QUALIFY TO FILE BANKRUPTCY ON THE 2ND LOAN WE LIVE IN SAN DIEGO?

  5. Two questions, How much of the current debtors information do I need to find? a lot of my debt is from Medical Bills and I don't know who all of them are. Second question, I currently receive Social Security for my son, (he was born with Down Syndrome in 2008) and I wasn't sure if filing would affect the checks I get (as small as they are, they are still very much needed) I would call your office now, but your most likely closed, it's almost 7pm here in San Diego. Thank you for your help with these questions...(assuming you can even answer them)

  6. Are judgments arising from a divorce dischargeable in a bankruptcy proceeding?

  7. Does there exist either in case law or elsewhere a statement of what constitutes "undue hardship" as it pertains to student loans?

  8. We have already sold the house. We don't have credit cards, however; we have a mountain in Student Loans that are burying us. People (creditors) are coming out of the woodwork! Is there anything we can do. They have sent notices to garnish our wages!

  9. What do I have to do to re-negotiate my loan terms with a bank? I have an investment property in NV that is quickly becoming a money pit. The property went down in price, renters left leaving a significant damage to the property, and renting it out is taking a long time. We applied for a loan modification 3 times, but were denied every time. We are making payments every month and do not want to walk out or foreclose, but it is becoming more and more difficult to stay with this house. What we are looking for is a real estateattorney who can re-negotiate the loan conditions for us. We want someone in San Diego who can meet with us and go over the details.

  10. When I file Chapter 7. Will that eliminate all school loans (Sallie Mae) and owed taxs to the goverment? Both State and federal?

  11. My husband has a 2nd loan on the house. We want to see if he qualifies for chapter 7. I would like to make an appt for a consultation. Do I need to bring any documents with me?

  12. I need to print out my current credit report, whom do you recommened I get that from.

  13. I have a home (the loans are in my name only) which I have a 1st and a HELOC (2nd). Because I had to re-locate to accept a job in San Diego I rented my home out last May. I would like to retain the property if the HELOC can be discharged, is this possible? Also, my wife does not want to file and keep her credit cards out of the bankrruptcy, can this be done?

  14. What if you have 2 homes and 1 is a rental and 1 is the one you live in and both are upside down. Can you continue to pay on these properties and still file banruptcy? And the secured debt amount is 1.7mil for the 2 properties.

  15. I have a few questions. 1) My husband lost his job about a year ago and still has not been able to obtain a job. Our credit card debit skyrocketed to $20,000. I took up a second job just to pay the minimums. I can no longer afford to pay this debit. I have taken out loans from my retirement just to try and pay it down to no avail. Do i stop making payments to them before I declare bankruptcy? Do I need to file bankruptcy or should I go to a debt relief clinic? Please let me know asap. I make $45,000 a year

  16. I purchased a car recently and was told that the best way to get rid of my 2nd mortgage, which is an equity line of credit that is over $75,000, would be to file for chapter 7. Will my car be taken if I file?

  17. Do 2nd & 3rd Mortgages count towards the unsecured debt limits? If they add up over the $336,000 in unsecured debt, does that mean you don't qualify for a chapter 13?

  18. Do you have proven experience with Bankruptcy for student loans? I believe I would qualify based on what I have researched but need to find someone affordable (obviously or I wouldnt be considering bankruptcy) and with specific knowledge of student loans Thank you SO much for any information

  19. I am thinking of bankruptcy; however the credit cards are in my name only and I am the one who used them. Does my husband have to file as well or can I just do it on my own?

  20. Hello, I was tricked into doing investments years ago with my family. The bad guys are in jail but left fraud victims with debt. My wages are being garnished and other companies are still trying to take my money. This has left myself and my family in a pot hole. Do you think filing bankruptcy is the way to go?

  21. if i file bankruptcy will i lose my house and truck

  22. I am overwhelmed with debt and would like to find out what my options are. I no longer know how much money I owe or where it is owed and my wages are now being garnished and I am about to have my driver's license suspended due to a debt that I am unable to pay in full. I would very much like a fresh start and to see where I stand. Will I be able to do a credit check/report and find out if I am eligible for bankruptcy even if I do not know the details of my debt? How do I get this process started? Any information will be greatly appreciated! Thank you, Matt Kahlor

  23. Just curious. We own a house in Missourri that we have been unable to sell. The balance is 38,660.00. Our credit cards total8,00.00. We reside in Cali and our rent is 960.00 Our mortage is 358.00 monthly Seems like I cant get the cards down withe the mortage and credit cards. I have a pension of !850.00 monthly and my pay from a retail job is 1300.00 a month. Is there a way we can claim chapter 7

  24. Bankruptcy and military Security clearance. I want to file since I m in deep debt. I want to file but I dont want to lose my job in the Navy.

  25. Is it possible to file Chapter 13 after a debt has been referred to a collection agency who has filed legal action via court?

  26. How much payment is required up front to file Chapter 13? I understand that a portion can be prorated with the debt consolidation, but I'd like to have a ballpark figure on what the total cost would be, along with the required "down payment." Thanks.

  27. hi, I did short sale my town house in june 2010. I had 2 mortgages.but since last couple months, I am getting phone calls from collecting agency regarding my second mortgage. they are saying I have to pay that amount. Because of my financial condition, I can not afford to pay. In this condition what is my options? thank you.

  28. I'm underwater on my mortgage. The home is worth below my first mortgage and on top of that I have a second mortgage as well. One of my vehicles was stolen and found a year later. The bank is coming after me for the whole debt even though they got the car. Insurance didn't cove me. I would be interested in a CH 13 but Right now I make a good income. I'm a commissioned employee and I'm having a good year, but that's not always the case. Please advise.

  29. I want to let the bank foreclose on my rental in Reno, NV. I need to know if they 1099 me, and if I go bankrupt, will I have to pay taxes on all of it or some of the approximate $150k. This house was purchased as primary residence--closed escrow May 2006--the absolute height. I've been losing money on it for 5 years. It's now worth 350% less than what I paid. Paid $268k. Now worth $75k, at best. Put 20% down & about $25k into it, and w/the 5 years’ loss, that’s around $85k. More than it is now worth. I just had a rental changeover. I had to rent it for substantially less. I cannot afford to keep it. I just got a new job that pays $48k/year. Was self-employed in real estate before and only made $33k this year, so got a job five weeks ago. After taxes with just rent, health insurance, and other true basics, I barely have enough to eat. Will, because I now have a job, have to do a Chapter 13 and pay back the taxes on the approx. $150k loss the bank will hit me with? Nevada is a recourse state and the loan is a recourse loan and unfortunately it is no longer a primary residence. I have an 800 credit score. I have no debt other than my car and a small low interest credit card loan. I can pay them both off now which would only leave me with around $3k. Should I pay them off now if I am thinking about bankruptcy? Also, I am a tiny partner in an LLC on an office bldg. in L.A. that hasn't made me any money for 3 years (too many vacancies), but thank goodness no capital calls. I go bankrupt, will my partners in the LLC be affected? The lender, ING Direct, is only willing to MAYBE lower the interest rate for 2 years. It was built in 1955. Over the next 25 years it will need a new roof, new plumbing, etc. I'm tired to throwing money into this albatross, that I am sure won’t sell for more than $50k, and am willing to let my great credit end. But will it really be wise? Will I actually owe more to the IRS even with a bankruptcy when ING Direct 1099s me? Now that I have a job, I'm sure that changes things. I want to stop paying the mortgage, but I want to know the consequences if I do. Thank you so much. Deena Fischer

  30. My sister just finished a chapter 7 and it was discharged including her 2nd mortgage on her primary residence. How is this possible when it is a secured debt?

  31. I have a home (the loans are in my name only) which I have a 1st and a HELOC (2nd). Because I had to re-locate to accept a job in Los Angeles. I rented my home out in 2010. I would like to retain the property if the HELOC can be discharged, is this possible? And lower my 1st mortgage payment. Also, my wife does not want to file and keep her credit cards out of the bankrruptcy, can this be done?

  32. I have a home in San Diego (the loans are in my name only) which I have a 1st $375k and a HELOC (2nd) for $74k. Because I had to re-locate to accept a job in Los Angeles & now in San Diego, but not in my house. I rented my home out in 2007. I would like to retain the property if the HELOC can be discharged, is this possible? And lower my 1st mortgage payment, my current rate is 4.375% and move into our house. Also, my wife does not want to file and keep her credit cards out of the bankrruptcy, please advice?

  33. What if a couple is divorced after 5 years and has bad credit when they were married, can one of the two file bankruptcy?