Campbell Hall, NY Bankruptcy Law Firms & Lawyers

You have provided a lot of detail, but your answer ought to be set out in your fee agreement. I charge an additional amount of money to file an amendment in any bankruptcy case, and I suspect most attorneys do as well. If the split to the property occurred after the bankruptcy was filed, I don?t think you have a problem. But if the split occurred before the bankruptcy was filed, you may setting yourself up for a lot more trouble than you can imagine because the unencumbered 5 acres become potential ?liquidation value? that may significantly increase the amount you need to pay into your plan. Now might be a good time to obtain a second opinion with the best Chapter 13 attorney in your community.

When asking legal questions of a lawyer, don't use legal terms you don't understand. Your debtor is not taking money from you, it is your creditor that takes money for a debt. You are the debtor. State laws called exemptions can protect a portion of the money in your bank account, but you need to submit the proper paperwork to the court to use the protection provided by the law. If the total amount of debt you have is large, you may want to consider bankruptcy as an option. Another choice would be to contact your creditors and ask if you can make payment arrangements. But if you fail to stand by the arrangements you make and miss even one payment, a creditor with a court judgment can garnish your pay, taking up to 25% of your check, and can also return to take your bank account.