Archived
Out of ignorance,i cashed my retirement money of 12,000.00 dollars and i am in a chapter 7 bankruptsy. will i loose that money ?
Jonathan's answer
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Answered on December 12, 2013
You hopefully disclosed where that money is now located. If under the mattress, then under line 1 of Schedule B. If in the bank, the. Line 2 of...
Archived
Should I list my LLC (as d/b/a) when I file Chapter 7 if I have 2 corporate (business) debts listed under my LLC's name?
Jonathan's answer
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Answered on December 11, 2013
You must list your business interests on Schedule B. Make a list of all assets of the business interest. List the debts as well on a Schedule F and...
Archived
So I'm back on here with a follow up question. An HOA has hired a debt collector to come after me and I need advice quick.
Jonathan's answer
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Answered on December 11, 2013
You may want to consider filing a chapter 13. Prepetition HOA assessments are dischargeable. But so are post petition HOA assessments under...
Archived
I am considering filing personal bankruptcy but I own a small restaurant business. Can I file bankruptcy and protect business
Jonathan's answer
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Answered on December 11, 2013
Do not under any circumstances change your corporate ownership without proper advice. Normally, for those New Jersey clients, all things being...
Archived
I will be receiving pension payments from when I was employed in New York state government.
Jonathan's answer
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Answered on December 11, 2013
Agreed with above. Exempt from creditors, unless the creditor the the IRS or the State.
Archived
My daughter got kicked out of college because her boyfriend kept her distracted. Now she owes $2000. Can i sue him for half?
Jonathan's answer
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Answered on December 11, 2013
This boy seems to have done everything correct. He got his jollies with your daughter and he has a silver spoon in his mouth. Your daughter is the...
Archived
If I file bankruptcy on my S corp will it affect my other LLC corp?
Jonathan's answer
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Answered on December 11, 2013
Normally, I advise clients to let the corporation die on the vine. Then file for bankruptcy. There are exceptions to this. One is if there are no...
Archived
Is it legal for a collector law firm to transfer an account I just paid for to another collector?
Jonathan's answer
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Answered on December 11, 2013
Always make copies of the money orders. Additionally, a debt collector may sell the account to another.
Archived
Bought home, lost job,so I rented home out. Year later need to file BK. Do I need to live in the home first? Would they know?
Jonathan's answer
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Answered on December 11, 2013
This question is state specific. While you are not required to live in the home, it may make a difference when calculating your exemptions....
Archived
I have an attorney that does not answer my calls or emails. Can i file a motion against him to at least recoup my fee?
Jonathan's answer
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Answered on December 10, 2013
You can hire another local attorney. The new attorney will substitute into the case. Provide that attorney with all the facts. That new attorney...
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