Woodstock, NY Bankruptcy Law Firms & Lawyers

Did the acts of Defendant that gave rise to the claim occur before the Bankruptcy was filed? If yes, then it was a claim that existed at the time the bankruptcy was filed. Such claim was an asset of the debtor at the time the bankruptcy was filed. Unless the asset was listed in the bankruptcy schedules as an asset and either exempted or abandoned by the Trustee it is a non-exempt asset of the bankruptcy estate. The Trustee can reopen the old bankruptcy case and use funds to pay creditors. How much, depends on more facts not disclosed.

Your credit will not necessarily be affected by the bankruptcy of your fiance's ex-husband. However, certain steps can be taken to protect your credit.

No, this is a lie that ignorant and unqualified individuals working for your mortgage company will tell you. What the lender is really saying is that it won?t refinance you, so look somewhere else for a new loan.