Articles from Robert Weed

Get Your Money Out of Wells Fargo

If you are filing bankruptcy, Get Your Money Out of Wells Fargo. People filing bankruptcy get kicked when they are down, if they bank  at Wells Fargo. Wells Fargo sees your bankruptcy on your credit report and they freeze your checking and savings account.  At least they do if you have more than five thousand […]

After bankruptcy….the car still has to pay!

…But the Car Still Has to Pay. When you file Chapter 7 bankruptcy, that means you don’t have to make the car payments. But that does not mean you get a free car. You don’t have to make the car payments, but the car still has to pay. That’s because the car finance company is […]

Bankruptcy Hearings: Now Telephonic

The Alexandria Bankruptcy Court Trustee Hearings are now by Telephone. Bankruptcy Trustee hearings are now telephonic. That’s the policy of the Alexandria VA bankruptcy court, effective April 9, 2020. (Richmond and Norfolk, too.) People who file bankruptcy are required by law to “appear” in front of the bankruptcy trustee to answer question.  (For most people, […]

Required fine print notices

I’m required to give you three legal disclosures Now that most consultations are by phone and zoom, I’m posting these on my webpage.  The first disclosure This first disclosure tell you that you have four choices under the bankruptcy law. Chapter 12 is only for farmers, and fisherman. I’ve never done a farmer Chapter 11 […]

Can’t Make Your Chapter 13 payments?

The Big Bailout Helps If You have to Skip Chapter 13 Payments The big bailout law, just passed, includes some slack for people in Chapter 13. If you can’t make your Chapter 13 payments, we can ask the bankruptcy judge to add up to 24 months to your payment plan. Before that law was passed, […]

Bankruptcy Trustee Hearings Postponed Due to Virus

The Bankruptcy Court is Alexandria is Postponing the Trustee Hearings. Because of the corona virus, bankruptcy hearings in Alexandria VA scheduled up through April 10 are postponed. (I’m guessing the rest of April will get postponed, too.) Postponed Until When? There’s no news on when they will be reschedule, or how. Some courts have adopted […]

Many Foreclosures Get a Virus Hold

The Federal Government is Pausing Foreclosures on Mortgages They Control. Last week the Federal Housing Finance Agency announced a 60 day pause on foreclosures on mortgage loans the government controls. Those are mortgage loans controlled by Fannie Mae or Freddie Mac.  (Fannie and Freddie were government backed, private businesses. The government bailed them out during […]

Robert Weed Chapter 13 Fee Agreement

Here’s our fee agreement for Chapter 13 in the Alexandria VA  Bankruptcy Court.   c13 2020 fee
The post Robert Weed Chapter 13 Fee Agreement by Robert Weed appeared first on Robert Weed - AE.

Virus update–March trustee hearings cancelled

Virus update–March trustee hearings cancelled. No rescheduling plan has been announced yet. (Will there be a call-in plan instead??) The Judges here in the Alexandria VA bankruptcy court have invited the lawyers to a conference call on Wednesday. We may know more after that. This announcement applies only to the trustee hearings.  Those are the […]

After Bankruptcy, OneMain Offers Car Reaffirmation Negotiation

In the last few months, OneMain has been contacting me about reaffirmation negotiation on car loans. That took me by surprise. With the exception of Ford Credit, I’ve been strongly opposed to reaffirming cars.  Usually you can keep the car without reaffirming. and then give it back when your credit improves. I explain more about […]

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