If the trustee in a NC chapter 7 bankruptcy sells my home will I receive payment?
My spouse and I owe $53,000 in unsecured debt and we are going to file Chapter 7 bankruptcy. We don’t want to file chapter 13 we can’t afford the repayment plan. I’m the owner of our house and I still owe $18,000 to my mortgage company the listed value is $80,000 that puts the equity over the NC homestead exemption of $35,000 if the trustee sells our home how will the money be distributed? Will I be paid the exemption of $35,000? After the creditors and mortgage company are paid or will the mortgage balance be taken out of the $35,000 leaving me with only $17,000? I’m confused on that part. Thanks for any information.
BankruptcyNorth Carolina1 attorney answer
if i were were charged with a refusal to take a drug test, can that cop tell his fellow cop buddies in other towns to pull me over ?
i was charged with an o.v.i for refusing a drug test, two weeks later i get pulled over in another town and the cop admitted he pulled me over because he knew my licence was suspended before he ran my name, not my plate, specifically my name.i am transgender and feel i am being targeted