Trustee not showing good faith with lawyer and debtor to negotiate settlement.
In Eastern District of MO, where I practice, the issue of whether a trustee must show "good faith" in negotiating a settlement of the sale of an asset for a buyback by the Debtor is a matter of case law: put simply, that is not the standard.
The law of your circuit may differ.
1. Live in Kansas, previously worked in Missouri, but didn't live there. How do the laws transfer across state lines? 2. What about joint assets when the judgement is against one?
MO has a joint ownership of property unique to married couples called "tenancies by the entireties," that has unique protections for debts owed by only one of the spouses.
An attorney can determine if the protections applies to your "joint Property."See question
I live with my mother who will be sixty in a month requires an O2 machine and electric wheelchair and on Nov.2nd we got a letter from our banks lawyer telling us our home is being auctioned off on the courthouse lawn Nov.30th and we had to be out ...
MO law allows foreclosure without judicial decree or judgment.See question
My mother co-signed for a laptop for me for school about a month ago. I'm now moving out of state and will be attending a different school, and she's telling me I can't take the laptop with me (I don't even live with her.) She is now claiming that...
While you might be co-owners, with equal rights to possession, I see no basis for her to assert a right to repossess the laptop.See question
the mechanic wouldn't return phone calls and when we went to get the car he didn't have any paper work as to where the car is at
It may have been sold under a Mechanis's Lien law. Consult a local attorney.See question
In 2008 I had a wreck&w/no insurance. Statefarm sued me for damages, $10k. I had just graduated HS & had no means to pay that& eventually my license was suspended after making no attempts to pay. Thereafter it just became normal for me to illegall...
In MO, where I practice, bky would be an excellent option to consider.
But AL law may have a different Interpretation.See question
I've been making payments for a substantial sum in student loans for more than 15 years. Most of the amount is federal, and some is private. I've used up my deferments for all of them, and the monthly payments are currently a disproportionate am...
You wrote, "Is there such a thing as loan forgiveness for student loans, and if so how can I pursue it?"
Yes, there are administrative procedures for foregiveniss of student loans; also bankruptupcy may be an option.See question
I lent a prior coworker / friend $1600 about a year ago that he had promised to pay me back immediately afterwards. After a few months went by without any payment, I decided I needed to get the agreement in writing. I typed up a simple contract ...
Two CA attorneys have weighed in on the issue without raising the issue of the Statute of Frauds, (that requires certain contracts to be in writing).
I can only concur with their advice.See question
I want to get a House for my family soon.
Probably bankruptcy is the better option.See question
Court held property for 3 years. We didn't pay taxes. Then they allowed us to buy it back. County says we owe all back taxes. When we bought it back we were under the impression that we owed taxes from then forward. Below is an excerpt from the Ju...
You wrote, "[the court] allowed us to buy it back. County says we owe all back taxes."
I suspect the County got it right.See question