Legal Question in Bankruptcy in California

Bankruptcy on a SBA loan

A sba a loan was given to my ex-husband after the 1994 earthquake. Through a divoce a got the loan it is still in my ex-husbands name but I am the responsible party (per the divorce decree)this loan is attached to my home. I am having finincial problems and want out of this loan. But I am in a catch 22. My home is attached and his name is on the loan. How an calim bankruptcy on thi and be reliefed of this loan?????


Asked on 2/19/99, 12:03 pm

1 Answer from Attorneys
Mark Markus Law Office of Mark J. Markus

Re: Bankruptcy on a SBA loan

Well, you have several options available, but I cannot advise you without having a lot more information. I suggest that you visit my web page and give me a call at (818)509-1173 for a consultation and I will be happy to assist. Among other things, I will need to know the current fair market value of your house, the amounts and priority of all mortgages and liens against your home and a list of any other assets and liabilities you may have.

I look forward to hearing from you.

Sincerely,

Mark

http://www.bklaw.com/bklaw

Mark Markus

Law Office of Mark J. Markus

11684 Ventura Blvd., Ste. 403


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Answered on 2/23/99, 9:11 pm


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