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Your situation requires more details, but a written contract between the parties describing the terms of the contact will be enforceable barring any defenses. Your buyer may still file a lawsuit, but the details of your situation will determine whether he will succeed.
See questionI'd suggest you seek out local counsel. An attorney is not required, but it might be a wise investment in your situation.
See questionThe summons would be from the creditor and you would be the debtor in this case. You will need to answer the complaint and/or settle the balance with your creditor. Further, I would contact local counsel for guidance in this matter.
See questionI'd recommend checking out your county's court website and contacting your local bar association for guidance. Each jurisdiction is different in the methods used for judgment satisfaction.
See questionThere is no magic number, but I would suggest sparing use and payment in full for bills that go out each month anyway. For example, your electric bill, cable bill, etc.
See questionNo you are not. Your creditors must be listed in your schedules and will be notified by the court.
See questionI agree with Mr. Hackard's assessment as framed.
See questionThere may be some legal recourse based on the minimal facts you've presented. I'd urge you to seek local counsel to discuss your issues.
See questionUnfortunately, this is a scenario I see all too often. I'd advise seeking guidance from local counsel.
See questionCorrect, this bill has not passed. As mentioned, the EB-5 investor visa may interest you.
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