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If you sold a property to your son 2 years ago and he just paid the last payment last month and the property is in your name can you exclude it from your bankruptcy?
Wiki User
∙ 18y ago
Exclude it from what? The best way to deal with this one is to file a "quit claim" deed, assigning all of your interests to your son. It needs to be filed in the county recorders office before it takes effect.
Wiki User
∙ 18y ago
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If your friend is on a house loan with you and you pay the payment every month on time but he is filing bankruptcy could they still take the house from you?
The deed to the property is what determines ownership and what action can be taken against the property during bankruptcy or the execution of judgment.
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If you file bankruptcy chapter 13 and tax refund same month will you still get it?
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The payment due for the 1st is for present month.
Will a chapter 7 bankruptcy petitioner be allowed to keep a home if there is a 3 month arrearage in the mortgage payments?
Two factors would detemine what if any action would be taken concerning the property. If the homestead exemption protects the house from bankruptcy seizure and/or if the lender is willing to reaffirm the mortgage rather than foreclose on the property.
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What are the requirments of eviction?
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If you filed bankruptcy in Illinois and have not made a car payment this month but notified the bank of the bankruptcy will the car be repossessed or will you be notified to return it?
If you are not going to reafirm the loan, in other words- keep and pay for the car, then yes the bank will want the car back. Usually they will try to get the car back shortly after your 1st court date when the court has oked your petition to go thru bankruptcy.
What is the monthly payment every month on WOW?
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How does a bankruptcy trustee decide how much of a car payment you can have?
each bankruptcy court in each city or state has a standard format. In my county, the cost of the car cannot exceed $18,000.00 and the payments cannot exceed $500.00 a month, for anyone under the plan. They take a realistic median priced car and a median car payment (based on poor credit) to come up with an amount. It is also based on cost of living in that area.
Can you use your deposit for a month payment?
NO!
What is ZMN2 payment term?
Payment settled on 2nd day, 2nd Month
