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AV Preeminent Peer Rated Attorneys
Voth Residents, consider several factors when selecting a lawyer ... Learn More
AV Preeminent Peer Rated Attorneys
Voth Residents, consider several factors when selecting a lawyer including their experience, expertise, and reputation. AV Rated Attorneys represent a distinguished group of lawyers who have received top ratings from their peers for their exceptional ethical standards and an A grade (4.5 or higher).

Donald B. Moye, Inc.

  • 1519 Boston Avenue, Nederland, TX 77627

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Commonly Asked Bankruptcy Questions From Users Near You

This information is not legal advice and is not guaranteed to be correct, complete or up-to-date. It is provided for general informational purposes only. If you need legal advice you should consult a licensed attorney in your area.

How do I or where do I list the co-signed loan for a friend to get a house in my chapter 7 bankruptcy?

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Answered by attorney Dorothy G. Bunce (Unclaimed Profile)
Bankruptcy lawyer at A Fresh Start
If the property has not been foreclosed on, you list the property on Schedule A, the mortgage debt on Schedule D and your friend on Schedule G. Use the best name & address you can find for the mortgage company. Your credit report may be a good place to start.
If the property has not been foreclosed on, you list the property on Schedule A, the mortgage debt on Schedule D and your friend on Schedule G. Use the best name & address you can find for the mortgage company. Your credit report may be a good place to start.
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Iam a 40 yr old man living in my parent's house. If I file for bankruptcy can my creditors expect my parents to pay my debts? I have about $30,000

Richard Alan Alsobrook
Answered by attorney Richard Alan Alsobrook (Unclaimed Profile)
Bankruptcy lawyer at Law Office of Alan Alsobrook
It really depends on whether the debt is yours solely, or are your parents cosigners, named on any credit cards, or any other arrangement where your parents agree to guarantee the loan. A loan is a contract where one party agrees to give money at a certain time, and the other party agrees to repay the loan at a later date.  The contract can only involve the parties in interest.  As such, a creditor can only collect from the party or parties that acquire the debt.  If your parents were involved in the acquiring of the debt, then they may be held responsible for repayment.  If your parents did not help in acquiring the debt then they should not be help responsible.   This is not intended to be legal advice, and is general in its nature.  No attorney-client relationship exists or is formed by this information.  Furthermore, this does not represent the views or opinions of LexisNexis or its affiliated companies.
It really depends on whether the debt is yours solely, or are your parents cosigners, named on any credit cards, or any other arrangement where your parents agree to guarantee the loan. A loan is a contract where one party agrees to give money at a certain time, and the other party agrees to repay the loan at a later date.  The contract can only involve the parties in interest.  As such, a creditor can only collect from the party or parties that acquire the debt.  If your parents were involved in the acquiring of the debt, then they may be held responsible for repayment.  If your parents did not help in acquiring the debt then they should not be help responsible.   This is not intended to be legal advice, and is general in its nature.  No attorney-client relationship exists or is formed by this information.  Furthermore, this does not represent the views or opinions of LexisNexis or its affiliated companies.
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Is criminal restitution excused on bankruptcy or not?

Marjorie A. Guymon
Answered by attorney Marjorie A. Guymon
Bankruptcy lawyer at Goldsmith & Guymon, P.C.
Criminal restitution is nondischargeable. However, your judgement in civil court is not criminal restitution. It is ordered by the criminal courts. You may still have a nondischargeability claim against her under another argument, such a willful destruction of personal property or conversion. There are deadlines to being these claims.
Criminal restitution is nondischargeable. However, your judgement in civil court is not criminal restitution. It is ordered by the criminal courts. You may still have a nondischargeability claim against her under another argument, such a willful destruction of personal property or conversion. There are deadlines to being these claims.
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