Two questions relating to Ch 7 and taxes:
1) In November of 2021 I sent in an OIC and it has been pending consideration ever since. I haven't heard back from the IRS if they have accepted or rejected my offer. How does the Ch 7 interrupt this process? I'm aware of the 2/3/240 rule, but I noticed...

Hello,

Currently, I am getting my ducks in a row with the objective to file for Chapter 13 next month. I have already hired an attorney and he estimated the payment based on my income and amount of debt. The estimated payment seems high but still better than paying minimum payments on credit...

My husband received a Capital One Quick silver offer yesterday and according to the US postal notifications we get as a daily email since the move, he also was sent an offer today from PenFed.
This question is primarily for you shipo, since you are the absolute CC rebuilding guru (no offence intended...

Hi Everyone. I filed Chapter 13 on April 7th of 2022. The trustee is disputing my home value and wants documents. The Trustee went to Zillow for his home value. Zillow estimate is so high. The trustee just said documents. I'm trying to avoid having to get a home appraisal as they are expensive...

When we applied for our current car loan, we were surprised that both our scores were at least 30 points higher on Eqifax and Transunion than Experian (which currently has my mine listed as a dismally unchanged fair.) Just how important is Experian in credit scoring? If we need say, a 700 score, to...

I recently started getting hounded by a collection agency (CACI). So when they called me (I didn't answer) I logged into their "customer" portal. Listed on their site were three collections. A newer one that I had already paid direct to the hospital. And two old ones from 2009.... My first...

Hey, car gurus (@shipo,etc.) what is too much to pay for a car? How much milage should we be looking at?
Today we looked at my husband's first choice (for now), a pre-owned certified 2020 Subaru Outback with around 24K miles, a CD player, etc. The cash total would be about $40,000 total (with...

What happens in Chapter 7 when the debtor is uncooperative, refuses to produce documents, isn't truthful at the 341 meeting or in their filings?

In this specific case, the debtor isn't seeking [and doesn't care about] a discharge.

The debtor sought Bankruptcy [Ch 11] protection...

My husband's new company HSA card issued by hsabank automatically charges a $1.75 monthly maintenance fee if your daily total balance ever falls below $3000. Additionally, there are charges for monthly mailed (printed) statements ($1.50) but these are free on-line if you opt- out of the paper ones and...

I'm been in 100% repayment Chapter 13 for 44 Months...according to my remaining balances minus the trustee percentage of my payments and the actual amount applied to my debts of my monthly payments on NDC.org ....it looks as if I should be done by the end of this year which would be around 51 months....

Hi, my father has some serious health issues and so our bk attorney suggested we ask my dad to modify his will such that anything my wife and I were going to inherit would instead go to our children. We've done something similar with our life insurance - kids are primary beneficiaries now instead of...

First, I would like to say I am new to the forum - started reading when we were contemplating filing a couple of weeks ago and saw a lot of good advice
I searched through the FAQs and topics and couldn't find a similar question.

We filed on 5/17/2022 so first payment is due no later...

Can someone avoid a 341 meeting or not show up in hopes of getting the involuntary Chapter 7 case dismissed?

I'm a creditor in a Chapter 7. The Debt was obtained by Fraud and in a Dissolution of Marriage so it should not be able to be discharged. In short the debtor committed Fraud and...

I filed Chapter 13 bankruptcy to stop a property tax foreclosure (tax sale) on a house that I wanted to keep. Before filing BK, I also owned another house and put it up for sale, hoping that the closing would go thru before the need file bankruptcy, so I could pay-off the back taxes on the house I...

Hi,

We recently were able to purchase our leased truck from Chrysler using subprime lender Westlake Financial.

We got a rate of 9.49% which seemed pretty good, given the circumstances.

When I went to plug the loan details into Quicken, however, for the given amount,...