Theodore Lyons Araujo’s Answers

Theodore Lyons Araujo

Syracuse Chapter 7 Bankruptcy Attorney.

Contributor Level 20
  1. Talked with Bankruptcy Attorney and is he correct?

    Answered almost 2 years ago.

    1. Gregory Howard Wiley
    2. Theodore Lyons Araujo
    3. Gary D. Bollinger
    4. Hale Andrew Antico
    4 lawyer answers

    Income Taxes are (possibly) dischargeable in bankruptcy if they are for taxes that became due for tax years greater than three (3) years ago; the tax return was filed at least two (20 years ago; the taxes were “assessed at least 240 days ago, and there was no indication that there was fraud or evasion of taxes. Having stated the broad general rules, let me note that there are many, many, many ways that taxes can become non-dischargeable in the event certain things happened or did not happen...

    13 lawyers agreed with this answer

    1 person marked this answer as helpful

  2. How does filing a ch 7 affect taxes that are 7 years old?

    Answered about 1 year ago.

    1. Theodore Lyons Araujo
    2. Michael Hal Schwartz
    3. Scott Russell Needleman
    4. Robert Thomas Demarco III
    4 lawyer answers

    Income Taxes are (possibly) dischargeable in bankruptcy if they are for taxes that became due for tax years greater than three (3) years ago; the tax return was filed at least two (2) years ago; the taxes were “assessed at least 240 days ago, and there was no indication that there was fraud or evasion of taxes. Having stated the broad general rules, let me note that there are many, many, many ways that taxes can become non-dischargeable in the event certain things happened or did not happen...

    11 lawyers agreed with this answer

  3. Can I get my bankruptcy discharge revoked or withdraw my bankruptcy petition?

    Answered 11 months ago.

    1. Michael Hal Schwartz
    2. Theodore Lyons Araujo
    3. Albert Cohen
    4. Ray Choudhry
    5. Scott Benjamin Riddle
    6. ···
    7 lawyer answers

    Revoking the discharge would do no good even if you could...the bankruptcy is still filed and on your credit report. Think of the bankru[ptcy as holding creditors at bay while you litigate your rights. Also, you may not have to pay all of the debts as it is not uncommon for creditors to failt to file a "Proof of Claim" in an asset chapter 7, so you may make out better anyway with the filing.

    10 lawyers agreed with this answer

  4. Can i include my husband's debts ( in collection company ) except his income when i file bankruptcy chapter 7 singly ?

    Answered over 1 year ago.

    1. Robert E. Vosburg
    2. David Samuel Shevitz
    3. Richard Edmund Hawkins
    4. Justin Drayton Graham
    5. Theodore Lyons Araujo
    6. ···
    9 lawyer answers

    You must include his income and expenses and your bankruptcy will do nothing about his liability for debts.

    9 lawyers agreed with this answer

    1 person marked this answer as helpful

  5. How does a bankruptcy discharge affect my income tax filings

    Answered over 5 years ago.

    1. Theodore Lyons Araujo
    1 lawyer answer

    It will not affect the filing of taxes. however, many creditors whose debst are discharged then send the debtor a "1099" form. When debt is forgiven outside the context of Bankruptcy it can result in income to the person in whose favor the taxes were forgivien. There are IRS regulations that state that even if the debt is forgiven the person is not taxed n that "income" (yes, the forgiven debt is treated as income) if the person was "insolvent" when the debt was forgiven. Even though you...

    19 people marked this answer as helpful

  6. If my wife and I filed a chapter 7 bankruptcy jointly, can I file a 13 immediately afterwards to make car payments?

    Answered almost 2 years ago.

    1. Theodore Lyons Araujo
    2. Alan D. Walton
    3. Eric M Lee-O'Brien
    4. Stephen M Trezza
    5. William J. O'Connor
    6. ···
    6 lawyer answers

    Since the vehicle is in your name only you can file the 13 any time you like. If the vehicle was owned by your wife as well you'd have to waait for her case to be closed, but the automatic stay in your case would protect you. Since your vehicle is not a part of her bankruptcy estate your decision to file has nothing to do with her 7.

    Selected as best answer

  7. Bancruptcy Law Question

    Answered over 1 year ago.

    1. Theodore Lyons Araujo
    2. George Robert Roles
    3. Alan James Brinkmeier
    4. John P Fazzio III
    4 lawyer answers

    If you set this up to avoid the bankruptcy process and are lying, then you should not do it. If Mom is really looking after the kids and you pay her a fair wage, then it should not be a problem, but it will certianly depend on how much you are paying her.

    6 lawyers agreed with this answer

    1 person marked this answer as helpful

  8. I am in the process of filing chapter 7 I owe the expressway can I list them on my chapter 7 as well

    Answered about 1 year ago.

    1. Theodore Lyons Araujo
    2. Dorota J. Trzeciecka
    3. Kevin Christopher Gleason
    4. Matthew Scott Berkus
    5. Andrew Daniel Myers
    5 lawyer answers

    You must include all debts, but they may not be dischargeable. Ask your attorney.

    8 lawyers agreed with this answer

  9. What is the general price for a chapter 7 bankruptcy in my area including lawyers fee?

    Answered over 1 year ago.

    1. Andrew M. Doktofsky
    2. Theodore Lyons Araujo
    3. Howard E. Knispel
    4. Alan D. Walton
    5. Michael Avanesian
    5 lawyer answers

    Approximately an $800 to $1200 attorney fee, depending on the complexity, along with filing costs (court $306 plus credit report and courses you must take.)

    6 lawyers agreed with this answer

  10. How do I find out if I have a judgement against me from creditors?

    Answered 10 months ago.

    1. Scott M. Tanner
    2. Theodore Lyons Araujo
    3. Christine B. Adams
    4. Richard Scott Lysle
    4 lawyer answers

    you can look at your credit report at www.annualcreditreport.com or you can go to the local clerk for the courts and search the county database. If there are judgments in other jurisdictions you would have to look there as well.

    7 lawyers agreed with this answer

    1 person marked this answer as helpful

Call now for a free consultation.

866-445-6966