Keep House In Bankruptcy

Summary

In a Chapter 7 bankruptcy in Minnesota, you may keep your house and cars if you are current on your payments, can continue making payments, and the equity in your property is covered by an exemption. Verbal or written agreements about property lines can be legally binding, and changing them may require consulting a real estate attorney. Both medical and credit card debt are typically discharged in a Chapter 7 bankruptcy, but the filing affects all of your debts. For harassment by a neighbor, document instances, contact local law enforcement, and consider obtaining a Harassment Restraining Order. The equity in your property means the value after subtracting secured loans, protected under bankruptcy exemption laws. You dont need equity to keep your home if you can make mortgage payments and the equity is protected by exemptions. You can keep vehicles if the equity is within the states exemption limit and youre current on loan payments. To manage medical debt, negotiate with providers, apply for assistance programs, set up payment plans, or consider medical bankruptcy. Private student loans are generally not dischargeable

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wondering if you can keep your house and cars in a chapter * bankruptcy if we can keep making those payments?
Hello ****, in a Chapter * bankruptcy in Minnesota, you may keep your house and cars if:
- You are current on your payments.
- You can continue making payments.
- The equity in your property is covered by an exemption.
Please consult a bankruptcy attorney for personalized advice.
if I sign a non legal document that someone can put their fence closer to the property line but want to change that and have them push their fence back, is that legal to do?
Hello ****, typically in Minnesota:
- Verbal or written agreements about property lines can be legally binding.
- If you want to change this agreement, it's best to consult with a real estate attorney.
- They could help negotiate a new agreement or determine if the initial agreement is enforceable.
can I bankruptcy just medical debt and credit card debt?
Hello ****, in Minnesota:
- Both medical and credit card debt are typically discharged in a Chapter * bankruptcy.
- It's important to know that a bankruptcy filing affects all of your debts, not just some.
- Consult with a bankruptcy attorney for personalized advice.
is this AI?
Yes, I am an AI developed to provide general legal information. I can't replace a lawyer but can guide you with general information about legal issues.
What can I do about a neighbor who harasses us about everything?
Hello ****, in Minnesota, you can:
- Document instances of harassment.
- Contact local law enforcement.
- Consider obtaining a Harassment Restraining Order.
Please consult with a local attorney for the best course of action.
Do you enjoy being an AI?
As an AI, I don't have feelings, but I'm programmed to help answer your legal questions to the best of my ability. Can I assist with any other legal concerns you have?
what does this mean: The equity in your property is covered by an exemption
The phrase "The equity in your property is covered by an exemption" means that the value of your property, after subtracting any secured loans, is protected under bankruptcy exemption laws. In Minnesota, these exemptions allow you to keep certain property in Chapter * bankruptcy.
do we have to have equity in our home to keep it during a chapter *?
In a Chapter * bankruptcy in Minnesota, you don't necessarily need equity in your home to keep it. The key factors are:
- You can continue making your mortgage payments.
- The equity in your home, if any, is protected by Minnesota's bankruptcy exemptions.
Always consult a bankruptcy attorney for personalized advice.
can you keep your vehicles in a chapter *?
In Minnesota, you can generally keep your vehicles in a Chapter * bankruptcy if:
- The equity in the vehicle is within the state's exemption limit.
- You're current on your loan payments and can continue making them.
For more specific advice, consult with a bankruptcy attorney.
how can you keep medical debt down?
In Minnesota, you can manage and reduce medical debt by:
- Negotiating with healthcare providers for reduced charges.
- Applying for medical bill assistance programs.
- Setting up a payment plan.
- Considering medical bankruptcy if debts are overwhelming.
Always consult with a financial advisor or attorney for personalized advice.
what is medical bankruptcy?
Medical bankruptcy isn't a specific term in legal parlance. It's often used to describe a bankruptcy case where overwhelming medical debt is a primary cause. In Chapter * bankruptcy in Minnesota, medical debt is generally dischargeable. Consult with a bankruptcy attorney for personalized advice.
can I discharge private school loans?
In Minnesota:
- Private student loans are generally not dischargeable in a bankruptcy.
- Exception: if you can prove 'undue hardship', a very high standard.
- Always consult a bankruptcy attorney for personalized advice about your situation.