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01 January
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What is a Co-Debtor Stay in Chapter 13 Hawaii Bankruptcy?

Posted by Ed Magauran
in RECENT ARTICLES

The Co-Debtor Stay applies in Chapter 13 bankruptcy toconsumer debts. It does not apply in a Chapter 7 bankruptcy. The co-debtor stay stops collection against people who are not in bankruptcy.  When a person files chapter 13 that filing also protects any one else who owes onthe debt as well.  It protets them even though they did not file bankruptcy. A co-debtor is someone who agrees to be liable on the debt with the debtor, the person filing bankruptcy. It does not matter if they sign as "secondary" or "primary" or as "guarnator" or as a "surety." All of those persons...

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01 December
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What is Lien Stripping In a Chapter 13 Hawaii Bankruptcy?

Posted by Ed Magauran
in RECENT ARTICLES

Lien Stripping is available in a Chapter 13 bankruptcy. It is not available in a chapter 7 bankruptcy. Lien Stripping is permissible, with several caveats, when the Fair Market Value of the property is worth less than is owed on the secured lien to be stripped. For example, if the fair market value of your residence is $450,000.00 and you have two mortgages. The first mortgage balance is $450,001.00 then the second mortgage is "wholly undersecured" and may be stripped. If you are successful in stripping the lien, in order for it to stay stripped, you must fully complete the Chapter 13...

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01 October
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WHAT HAPPENS IN A CHAPTER 13 BANKRUPTCY?

Posted by Ed Magauran
in VIDEOS

Honolulu Bankruptcy attorney Ed Magauran explains what happens when filing a Chapter 13 Bankruptcy. Call us today at 808-585-1000 for a free no obligation consultation. Dump the debt and get a fresh start. We file bankruptcies on all the Hawaiian Islands, Oahu, Big Island, Maui and Kauai. Find out what we can do for you today!...

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01 September
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CO DEBTOR STAY

Posted by Ed Magauran
in VIDEOS

Honolulu Bankruptcy attorney Ed Magauran explains the co debtor stay. Call us today at 808-585-1000 for a free no obligation consultation. Dump the debt and get a fresh start. We file bankruptcies on all the Hawaiian Islands, Oahu, Big Island, Maui and Kauai. Find out what we can do for you today!...

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01 September
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WHAT IF MY HOUSE IS WORTH LESS THAN I OWE?

Posted by Ed Magauran
in VIDEOS

Honolulu Bankruptcy attorney Ed Magauran explains what can be done if your house is worth less than what is owed. Call us today at 808-585-1000 for a free no obligation consultation. Dump the debt and get a fresh start. We file bankruptcies on all the Hawaiian Islands, Oahu, Big Island, Maui and Kauai. Find out what we can do for you today!...

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