Stuart Gregory Steingraber’s Answers

Stuart Gregory Steingraber

Corona Bankruptcy Attorney.

Contributor Level 18
  1. In an insurance policy limit, what does 30/60 limit mean?

    Answered over 1 year ago.

    1. Stuart Gregory Steingraber
    2. George Chakmakis Jr
    3. S. David Rosenthal Esquire
    4. Albert Lee Crosner
    5. Daniel Nelson Deasy
    6. ···
    11 lawyer answers

    30/60 means that no individual injured person can collect more than $30K from the insurance policy and the insurance policy will pay out no more than $60K for all parties in the accident combined.

    27 lawyers agreed with this answer

    1 person marked this answer as helpful

  2. I received a personal injury settlement and am considering filing for bankruptcy because my debts are just too high.

    Answered 9 months ago.

    1. Shaye Larkin
    2. Stuart Gregory Steingraber
    3. Michael Salanick
    4. Jason Todd Studinski
    5. Christopher John Gansen
    6. ···
    12 lawyer answers

    Personal injury proceeds may be fully or partially exempted. More information is needed to give you useful advice.

    27 lawyers agreed with this answer

  3. How much can a plaintiff obtain from a defendant for an orbital eye fracture?

    Answered over 1 year ago.

    1. Stuart Gregory Steingraber
    2. Daniel Nelson Deasy
    3. Scott J. Corwin
    4. Cary Michael Johnson
    5. Paul J Molinaro
    6. ···
    12 lawyer answers

    I agree with attorney Deasy. The amount of money damages for personal injury is based on many factors. Your friend needs to consult with a personal injury attorney ASAP.

    21 lawyers agreed with this answer

  4. Are sales tax dischargeable in bankruptcy?

    Answered 9 months ago.

    1. Stuart Gregory Steingraber
    2. Shaye Larkin
    3. Sandra Maria Nutt
    4. David Thomson Egli
    5. Jonathan Stone
    6. ···
    8 lawyer answers

    You will not get a discharge for sales taxes owed by a corp w/o assets. Don't waste your time or money bankrupting the corporation.

    17 lawyers agreed with this answer

  5. Can an attorney-debtor file a chapter 7 bankruptcy?

    Answered about 1 year ago.

    1. Stuart Gregory Steingraber
    2. Matthew Scott Berkus
    3. James Liu
    4. Ray Choudhry
    5. Ivan Trahan
    6. ···
    6 lawyer answers

    Attorneys can and do file Chapter 7 cases for themselves. Unless there are 11 USC §523 issues, it is unlikely that there are any relevant ethical undercurrents. As long as your Client funds account contains client funds exclusively, there should not be a problem there. All unsecured debts can be discharged absent any objections by creditors and/or adversary actions. If you make an accurate report of all assets and all debts, including your accounts receivables, you should be OK. When in...

    Selected as best answer

  6. Bankruptcy

    Answered over 1 year ago.

    1. Stuart Gregory Steingraber
    2. Diane L Gruber
    3. Filemon Kevin Samson
    4. Helene Thaissa W. Bergman
    5. Brad Francis Weil
    6. ···
    6 lawyer answers

    Every bankruptcy filing involves a trustee. The functions of the trustee is different. In a Chapter 7, a trustee is selected at random by the court when a case is filed. The trustee is selected from a panel of persons approved to function as a trustee. A Chapter 7 trustee is tasked with a duty to investigate the facts of the case, examine the debtor and satisfy him/her self as to all requirements having been met by the debtor. Depending on the specifics of each case, the trustee may...

    14 lawyers agreed with this answer

  7. In a Chap. 7 Bankruptcy when you finally have to go to the courthouse and tell the judge why one couldn't pay one's debts.....

    Answered about 1 year ago.

    1. Stuart Gregory Steingraber
    2. Andrew A Moher
    3. Jonathan David Leventhal
    4. Brian Crozier Whitaker
    5. Ivan Trahan
    6. ···
    7 lawyer answers

    Rarely does a debtor appear before a bankruptcy judge. Instead, the debtor will be required to appear before a Trustee at a meeting of creditors or Section 341a meeting. There, the trustee will ask a series of questions common to all debtors, then any specific questions pertaining to your case. After 37 years practicing bankruptcy law, I cannot recall a single instance where the trustee asked a debtor the reasons for filing. Usually, it is apparent from the paperwork you or your attorney...

    Selected as best answer

  8. Do I have to attend credit counseling class for business bankruptcy chapter 7?

    Answered about 1 year ago.

    1. Stuart Gregory Steingraber
    2. Carl H Starrett II
    3. Sandra Maria Nutt
    4. Robert Charles Russell
    5. Jonathan David Leventhal
    5 lawyer answers

    I am wondering why you are filing BK on behalf of the corporation? Most of the time it is unnecessary and the more important question is did you co-sign any of the corporation debts? If so, you will be personally liable for the debts. Corporations do not need financial credit counseling. Call any other AVVO BK lawyer offering a free consultation if you have further questions.

    13 lawyers agreed with this answer

  9. Can I quit claim my house over to my son (who is over 18) wait couple of years and then file chapter 7?

    Answered over 1 year ago.

    1. Stuart Gregory Steingraber
    2. Derek R. Caldwell
    3. Myron Wayne Tucker
    4. Brad Francis Weil
    5. James Geoffrey Beirne
    6. ···
    6 lawyer answers

    Transfer of property for the purpose of hindering, delaying or frustrating a creditor's efforts to obtain satisfaction of a debt is classic fraudulent conveyance in CA. It is not only the passage of time between the transfer and the contemplated BK, it is also the intent at the time of the transfer. It may be possible to accomplish the transfer in the context of valid estate planning by an experienced attorney.

    13 lawyers agreed with this answer

  10. Filing for Chapter 7, must I include bank statements with my filing?

    Answered over 1 year ago.

    1. Stuart Gregory Steingraber
    2. Michael J Corbin
    3. Susan Schmeidler Blum
    4. Sarkis Jacob Babachanian
    5. Brad Francis Weil
    6. ···
    6 lawyer answers

    No bank statements are required as part of the filing documents. However, if you are self employed, the Trustee may legitimately request all kinds of documents including bank statements at the Meeting of Creditors. Also, you need to obtain the first half certificate of financial counseling as part of the filing documents. Your question tells me you're intending to try doing it yourself. You are getting into a difficult and complex matter and you should really obtain help from an experienced...

    13 lawyers agreed with this answer