Posts in August, 2013

Should I Reaffirm My Mortgage in a Chapter 7 Bankruptcy? Aug 30

I get asked this question frequently. The short answer in California is “no,” but there are rare exceptions. To understand those ...

Will My Mortgage Servicer Continue to Automatically Take My Mortgage Payment From My Account After I File Bankruptcy? Aug 27

Many homeowners have a system with their lender where the lender automatically pulls the mortgage payment from the homeowner’s ...

Paying for Lots of Vehicles in Chapter 13 Not a Problem, Says the Ninth Circuit Aug 22

In In re Welsh , 711 F.3d 1120 (9th Cir. 2013) , the Court decided that secured debt payments could be taken as a deduction on the ...

What Happens When I Let My House Go as Part of a Bankruptcy? Do I Owe Anything Else? Aug 19

When a debtor decides to surrender a house in bankruptcy, there are many considerations. First, it is important to know that there ...