Recent content by Gregeney

What is the name of your state? Kentucky A person is in need of a bankruptcy. They come into an inheritance just prior to filing a Ch7. The amount of the inheritance is not sufficient to offset the need for bankruptcy but it is a cash asset beyond what can be normally exempted using all...

What is the name of your state? Kentucky I have an interesting situation and I'd like to hear anyone's opinions. A mortgage was discharged in a previous Ch7 and is now in foreclosure with a 3 month arrearage. Normally, An arrearage could be cured in a Ch13. But this arrearage isn't actually a...

What is the name of your state? Kentucky My aunt died recently and my uncle and cousin want to have the deed changed from my uncle and deceased aunt to my uncle and cousin. (his daughter) FYI: the real estate is unencumbered and worth ~$120,000.00 I know that there will be no transfer tax to...

What is the name of your state? KY If someone who co-signed a car loan for her daughter files chapter 7, does she need to reaffirm the debt so her daughter can keep the car? In other words, can the creditor call the non-filing daughter's note if they lose the reassurance of the co-signer?