Tag Archives: Chapter 7

CAN I SELL MY HOUSE IF THE LOAN WASN’T REAFFIRMED IN A CHAPTER 7 BANKRUPTCY?

Question: Can I sell my house after the loan wasn’t reaffirmed in a Chapter 7 Bankruptcy? Question : Debtor filed Chapter 7 years ago. In looking to get pre-qualified for a new home loan I find out that my loan … Continue reading

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MORTGAGE PAYMENTS AFTER A CHAPTER 7 DISCHARGE

You filed bankruptcy and the lender is still wanting you to make payments.  If you filed a Chapter 7 bankruptcy, you are no longer liable if you fail to make payments on your mortgage payment. This does not mean that … Continue reading

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ARE ASSETS LOST WHEN A DEBTOR DIES BEFORE THE DISCHARGE IS OBTAINED

If a bankruptcy is filed and then the debtor dies, can the discharge still be obtained is a question that is asked more than one would think.  A Chapter 7 bankruptcy case can take 5 or 6 months to complete. … Continue reading

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WHAT IS A REDEMPTION IN A CHAPTER 7 BANKRUPTCY CASE?

If you file a Chapter 7 case and you have a creditor who has a security interest in the property, you may be able to redeem the property and keep it rather than paying for the property pursuant to the … Continue reading

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SHOULD A DEBTOR BE TERRIFIED OF THE FIRST MEETING IN A CHAPTER 7 BANKRUPTCY?

Debtors who attend come to the First Meeting of Creditors also known as the 341 hearing often arrive at the hearing scared, terrified and confused about what is about to happen. The time to worry about your case is not … Continue reading

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TWO TRUSTEES IN SOUTH CAROLINA BANKRUPTCY CASES, WHY?

TWO TRUSTEES IN SOUTH CAROLINA BANKRUPTCY CASES, WHY?  If you file a bankruptcy case is South Carolina under Chapter 7 or Chapter 13, you will always have a Trustee assigned to oversee your case. This person is called the case Trustee and … Continue reading

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