Bankruptcy? Short term/long term downs? As well as the advantages?

As a general matter, the upside of a bankruptcy is that it provides you with a relatively clean start. In a Chapter 7, most of your debts will be...

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I am a car dealer I received form 9A for bankruptcy, can I still be able to repo the vehicle in the next 24 hours ?

You cannot repo the vehicle without court approval. If you do, you face significant penalties for violation of the automatic stay. Any bankruptcy...

Outside bankruptcy In Oregon, are retirements accounts (ROTH, SEP, rollover IRAs) exempt from garnishment post-judgement?

I am not an attorney in Oregon, however my brief review of Oregon state law indicates that qualified retirement accounts are exempt (inside or...

If one of my RE listings goes into contract after filing ch 7, will my future commission be taken by the trustee.

I don't belief that a real estate commission earned after the filing of the petition would be property of the estate. The trustee would have to...

Was contacted by an R&j consulting in CA saying I owed a $850 phone bill from 20 years ago.

It sounds to me like some company bought an old debt for pennies on the dollar and they are now trying to collect whatever they can using these...

Just started a corporation. Realistically can our vendor come after our shareholders for collecting debts for a small amount?

A corporation (when properly formed and all formalities adhered to) is a separate legal entity. If it is in fact the corporation that subscribes...

[Fast moving Tech Startup] Releasing our first product August 15th w/ 1M+ est rev for NewCo3, Much more for NewCo2. Need Lawyer

There is a lot of work involved in what you need and not a lot of time to get it done. It can be done but wont be cheap or easy.

In addition to the previous responses, you need to keep in mind that the note and the mortgage are two separate documents and that with the...

Regarding debt collector

Please refer to the fair Debt Collection Practices Act. It is a federal law that governs what actions are allowed and what actions are prohibited...

Federally Consolidated Student Loan and threatened wage garnishment

The first thing I would do is ask for verification that they are a party that has a legal right to collect this debt. How did they acquire this...