Questions answered by Douglas Beaton

Archived

In bankruptcy, can I get money back that was attached by a debt collector? Aren't I supposed to keep some assets after filing?

Douglas's answer | Answered on July 24, 2014

Massachusetts uses the federal exemptions, so if you do NOT have equity in a home, you can potentially get up to about $12K back (the exact amount...

Archived

Bankruptcy, looking to discharge credit debt but not home or car!

Douglas's answer | Answered on July 07, 2014

A little primer on keeping your car while filing for bankruptcy in Massachusetts is below:

Archived

We have a failing business, are tennants at will there,and owe 8k to the owner of the building.

Douglas's answer | Answered on July 07, 2014

Conversion to Chapter 7 -- rather than re-filing -- is worth considering. Eventually, if you fall too far behind to the trustee, she will force the...

Archived

In a complex ch 11 bankruptcy, is a trustee always appointed?

Douglas's answer | Answered on June 09, 2014

Judge Melvin Hoffman said that a trustee will be appointed in the TelexFree case at the status hearing held on May 27th. The identity of the future...

Archived

I am on a fix income an I have debt of 25000 on credit cards and cannot afford to pay anymore because I do not have enough money

Douglas's answer | Answered on June 05, 2014

If you didn't get a discharge in 2009 you should look into filing another Chapter 7 case. If you did get a discharge and have run up $25,000 in new...

Archived

Do I have to wait for my father to pay off his chapter 7 bankruptcy before purchasing his house?

Douglas's answer | Answered on May 21, 2014

This sounds like it's really a Chapter 13 case, which is the kind where regular payments are made by the debtor. If so, the answer is simple: your...

Archived

Why did my soon to be ex file chapter 13?

Douglas's answer | Answered on April 21, 2014

What you should do to answer the question is get a copy of her Plan and go through it. Chances are the answer is there.....it may be "in between...

Archived

Second bankruptcy which one?

Douglas's answer | Answered on March 31, 2014

It sounds like you might want to file another Chapter 7 case. Like the lawyers above said, enough time has gone by since the last case. You might...

Archived

I understand that a landlord with a bankrupt tenant can claim one year of rent as damages. What if I have only one month

Douglas's answer | Answered on March 04, 2014

First, there is no general rule in New Hampshire that awards a year of rent in damages for an eviction case. Second, if you file the case right now...

Archived

Chapter 7

Douglas's answer | Answered on February 27, 2014

One thing you didn't mention is how the business is organized. If it's an LLC, S Corp., etc., you may be home free, because your bankruptcy estate...

Douglas Beaton's Answers (185)

In bankruptcy, can I get money back that was attached by a debt collector? Aren't I supposed to keep some assets after filing?

Bankruptcy, looking to discharge credit debt but not home or car!

We have a failing business, are tennants at will there,and owe 8k to the owner of the building.

In a complex ch 11 bankruptcy, is a trustee always appointed?

I am on a fix income an I have debt of 25000 on credit cards and cannot afford to pay anymore because I do not have enough money

Do I have to wait for my father to pay off his chapter 7 bankruptcy before purchasing his house?

Why did my soon to be ex file chapter 13?

Second bankruptcy which one?

I understand that a landlord with a bankrupt tenant can claim one year of rent as damages. What if I have only one month

Chapter 7