Recent content by despritfreya

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    Personal Bankruptcy U.S. trustee hired a trial lawyer

    The UST did not "hire" an attorney. Rather, the UST assigned the case to an attorney in his/her office. That attorney filed a Notice of Appearance. While it is quite possible that this was the result of your inquiry, it may have nothing to do with it. Is the debtor represented by an...
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    What are reasons this Chapter 13 Plan/Repayment Plan would be rejected?

    Assuming this is a residential lease and the landlord does not have a judgment for possession, are you planing on moving or staying? If staying, this appears to be your biggest problem. How are you going to cure this default while staying current? At your suggested $260 per month (carved out...
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    Sole Creditor on LLC Bankruptcy

    OP holds a default judgment against an LLC that apparently has no assets and either has or is about to stop operating. Bankruptcy or no bankruptcy IMHO, the judgment is worthless. Des.
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    Block Fi bankruptcy - do I have to pay final bill - they will keep my crypto

    I am not sure why you even think this is an issue. You did not use FTX to finance your credit card purchases, no more than I used Fry’s Food Store to finance my purchases on my “Fry’s” sponsored Visa card. You “borrowed” money from a real bank, not some pie in the sky Ponzi scheme (which is...
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    Block Fi bankruptcy - do I have to pay final bill - they will keep my crypto

    You are correct. You need to pay the bill. You do not owe the money to the “sponsor” of the card (Block Fi/FTX). You owe the money to the bank that issued the card. Even the servicing platform’s website references this: “Deserve is a trademark of Deserve, Inc.. . .The BlockFi Bitcoin...
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    Multiple LLCs creates bankruptcy confusion

    1. It is not unusual for someone to set up more than one LLC. I have a number of construction company clients whose principals have numerous LLCs. Typically only one or two of them actually operate. 2. You are not a creditor of Tom’s Construction Company, LLC unless, a) your contract is...
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    Bankruptcy, foreclosure and 2nd mortgage?

    OP (Bobby B) is not personally liable as he discharged the debt in a Chapter 7. But, as we all know, that discharge did not get rid of the lien. OP's loan matured on January 1, 2020. He could file a Chapter 13 and provide for full payment of the balance due (lien amount) with interest over a...
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    Bankruptcy, foreclosure and 2nd mortgage?

    "I could not find any mention of a "maturity" date in the loan docs the only thing close was the listing of the final payment date of January 1, 2020." Not only do the others have it correct that January 1, 2020 was the maturity date, the reason you have been recently contacted is that there is...
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    Veteran, Gambling and bankruptcy

    I agree with the above post. The first thing is to get healthy by taking control of the illness that is dominating your life. The second thing is to find a good bankruptcy attorney in your area. You have too many issues for any Internet forum to properly address. Those issues include, but...
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    Personal Bankruptcy Help

    @adjusterjack I just saw your post. IMHO, the Dallas bankruptcy attorney's website should not be relied upon. The following is a misstatement of the law unless this attorney can point to case authority that stands for such proposition: “. . . the Bankruptcy Code does provide that if the...
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    Personal Bankruptcy Help

    From your posts above, accident happened before you filed and your accident related claims have not been settled so here are the general rules: Chapter 7: Any potential recovery, no matter when it comes in, is an asset of the bk estate and can only be protected to the extent of an allowed...
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    Ch 7 discharged and closed 6/2019 personal injury award

    If you fully disclosed as an asset that you were part of this Multi District Litigation - I assume a class action lawsuit - and your Chapter 7 trustee closed the case without administering the asset, the asset was abandoned and should now belong to you. It is possible that the administrator...
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    Garnishment Credit Union Seized 1st Stimulus - Options?

    Ergo my general rule: "Never bank where you owe money." Des.
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    Repo 15 years ago... Wage Garnishment now!?!?

    The answer is “yes”, unless you pay the judgment, settle with the creditor or file bankruptcy. You signed a contract. It does not matter how long you had the car. If you breached the contract the creditor had the right to repo and then sue you for the balance owed. If you failed to defend...
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