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Stars of the hit reality television show Real Housewives of New Jersey may be in hot water due to their previous bankruptcy filing. Joe and Teresa Giudice recently appeared in court answering a 39 count indictment which included 39 fraud counts. Their brief appearance included surrendering their passports and each posting $500,000 bond before being [...]
Sometimes after a client files bankruptcy, a creditor who had an unsecured debt files a lien with a judgment obtained before the bankruptcy was filed.
The lien is likely invalid and can be removed. Most likely, the creditor did not have knowledge of the bankruptcy when the abstract judgment was recorded. By contacting the creditor or their lawyer directly they will voluntarily remove the lien.
If the creditor refuses, an adversary proceeding in the bankruptcy court can be filed to remove the lien and possibly seek monetary damages for a violation of the fair debt collection acts. Because of the time and cost, hopefully this will not be necessary.
But you should review all of the facts with an attorney and then take steps to get it removed as soon as possible.
Ken Jorgensen, California Attorney
www.fresnobankruptcylawgroup.com
Photo credit: http://www.flickr.com/photos/jaxxon/
Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for August 06, 2013 Detroit Bankruptcy Lawyers Break a Glass Ceiling A Bankruptcy Guide for Business Owners Hawk Electronics to declare bankruptcy
Rapper DMX, aka Earl Simmons, 42, filed for Chapter 11 bankruptcy protection recently just days after leaving a South Carolina jail. The filing took place in the rapper’s native state of New York in Manhattan. According to his representative the filing will assist in reorganizing his finances to enable him to perform oversees this fall. [...]
Former Real Housewives of New Jersey star Danielle Staub was facing similar allegations to what Teresa Gudice is currently facing: bankruptcy fraud. Yet, a recent court appearance in July worked to settle out details from Staub’s 2012 filing. As a result, Danielle agreed to pay creditors $35,000 as part of the proposed settlement terms. The [...]
Schools cannot refuse to release your transcript or diploma just because your bankruptcy case discharged a debt for tuition. This ruling came down recently from the Seventh Circuit Court of Appeals, which covers Illinois, Wisconsin and Indiana. It is true that student loans cannot be discharged in bankruptcy, except in special circumstances, such has financial […]
Schools cannot refuse to release your transcript or diploma just because your bankruptcy case discharged a debt for tuition. This ruling came down recently from the Seventh Circuit Court of Appeals, which covers Illinois, Wisconsin and Indiana. It is true that student loans cannot be discharged in bankruptcy, except in special circumstances, such has financial […]
The very first thing you need to do before filing for Chapter 13 is to meet with an experienced attorney in your area to talk about your case. Most attorneys will have a bankruptcy questionnaire which you will fill out in advance or at your meeting. The questionnaire is a detailed listing of all of+ Read MoreThe post What do I need to do before filing for Chapter 13? appeared first on David M. Siegel.
Chapter 13 bankruptcy helps debtors reorganize debt obligations into an affordable 3 to 5 year repayment schedule. The amount you pay depends on a few factors such as your monthly income and the type of debt. Some debtors are under the impression that they must repay all of their debt under this plan. In many [...]
Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for August 01, 2013 AMR Nears Bankruptcy Exit as Creditors Approve US Airways Merger Ambulance Company Fights to Avoid Bankruptcy Is Blackberry Doomed for Bankruptcy?
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