Melissa Cain

For over 10 years I have worked with clients to help resolve their financial hardships and plan for a solid future. My clients range from 20-somethings trying to get on the right track, families looking to save their homes, individuals interested in protecting their assets, and businesses that are restructuring debt in order to stay competitive.

I would love to learn about you and how I can help you achieve your goals!

• FaceTime
• Skype
• Zoom
• RingCentral

Alabama

Alabama State Bar Association

California

State Bar of California

Florida

The Florida Bar

Nevada

State Bar of Nevada

UNLV William S. Boyd School of Law

J.D.

2004 - 2007

Activities: Pro Bono Project.

University of Nevada-Las Vegas

B.S. | Business Administration and Management

2000 - 2004

Honors: Magna Cum Laude

Activities: Alpha Delta Pi Sorority, Ronald McDonald House, Golden Key Society.

The Florida Bar  # 1015664

Member

Current

Alabama State Bar

Member

Current

State Bar of California

Member

Current

Nevada State Bar

Member

Current

Q. Chapter 7 in Florida, my Car is paid for, Kelly Blue Book says 14K ..but I need a Car! What should I do? thank you.

April 4, 2022

A: Hello -

If your vehicle is reporting a private sale KBB value of $14,000, then there is likely going to be an exemption issue. Under these circumstances a Chapter 13 filing may make sense - allowing you to keep your vehicle and pay off the equity over a period of time. It is possible that a Chapter 7 Trustee will work out a payment plan with you, depending on your budget, age of car, etc. It is best to discuss your best and worst case scenario with a local bankruptcy attorney. You can also have them explain what a Chapter 13 filing would look like in your situation.

I wish you the best of luck!

Q. If I am a co signer and my name is on a vehicle loan, can I file bankruptcy without filing on that loan?

June 21, 2021

A: Yes, however, even though you have to notify them in your bankruptcy pleading, you will decide if you are going to reaffirm that debt or not. Your co-signor will still be obligated to pay on the vehicle.

Q. Can I get a uncompleted Bankruptcy off my credit report?

April 16, 2021

A: Your bankruptcy will stay on your credit report, whether or not you completed your case. It is likely to stay on there for 7-10 years from the filing date.

If you are looking to finance a large purchase in the future, you should develop a working relationship with a bank you like and trust. This will help you plan and override any objection from the case reporting.