I am the owner of a Corporation S - a trucking company with two trucks worth about 20,000.00 each. If I file for bankruptcy
Bruce's answer
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Answered on February 28, 2013
The bankruptcy code allows you to keep one motor vehicle valued at about $3500 (value after deducting liens) and any asset valued up to about...
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I am considering returning my vehicle which I can no longer afford the payments and then filing for bankruptcy.
Bruce's answer
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Answered on February 09, 2013
You can file for Chapter 7 bankruptcy so long as you meet the income requirements. Most of your debt will be wiped out. There is a chance that...
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Bankruptcy and Child Support
Bruce's answer
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Answered on January 16, 2013
Child support is considered income. It is not subject to execution outside of bankruptcy. In bankruptcy you do not need to worry about creditors...
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A property that I half own is in foreclosure in N.J.,the lender changed the locks and winterized the home,Is everyone locked out
Bruce's answer
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Answered on December 09, 2012
The mortgage document gives the lender the right to enter and secure the home if it is vacant. You and the co-owner still own the property until...
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