Archived
Can an attorney for the Unsecured Creditors' Committee show the Trustee's lawyer a letter he is supposed to send to the Judge?
Wayne's answer
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Answered on February 04, 2018
Everyone's answers are correct. I'll address your outrage.
1- No letter can be sent to judge without the other side seeing it.
2-A letter...
Archived
Can interest on a mortgage accrue from the time you file a chapter 11 until the reorganization plan is approved?
Wayne's answer
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Answered on February 04, 2018
You get credit. The question is where it's applied. The prior answer is spot on correct. Whether interest and charges accrue depend on whether...
Archived
Transferring large sum from Company account to personal account. Is it ok for immigration of wife?
Wayne's answer
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Answered on February 04, 2018
This is a banking / immigration question. My concentration is bankruptcy and debtor-creditor law. Therefore, I am ill-equipped to answer your...
Chapter 11 to 7 Conversion - Should the owner of the debtor (DIP) pay legal fees when the Chapter 7 pending?
Wayne's answer
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Answered on January 06, 2018
The individual and entity are two separate "persons."
After conversion, the individual may need a lawyer more than the entity. The entity's...
Information Subpoena. How Do I Fill It Out?
Wayne's answer
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Answered on January 06, 2018
The information subpoena should include instructions. You can answer on a separate sheet. Your answers should be notarized. However, if you...
Archived
If a girl calls me liar and pyscho, Can I file a case against her?
Wayne's answer
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Answered on January 06, 2018
Mr. Bayer gives sound advice. You can sue. But there are so many things which you can do that are unwise and regrettable.
It may be best to...
Archived
Personal bankruptcy can include business?
Wayne's answer
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Answered on January 06, 2018
You don't say whether these "companies" are corporations or you as a d/b/a. If you as a d/b/a, the foreclosures are stayed in a 13. If they are...
Archived
I filed bankruptcy and it was discharged. My husband had a loan that was in default now the finance company lawyer?
Wayne's answer
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Answered on January 06, 2018
Both prior answers are correct. The best thing is have your lawyer send the letter. If you filed pro se, you do it. Did you schedule this...
Archived
Should I file bankruptcy chapter 13 or 7?
Wayne's answer
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Answered on January 06, 2018
The decision to file for a 7 or 13 is asset based. You say your only asset is a car valued at $4,000. Most of its value is exempted by NY law. ...
Can I spend money that my ex boyfriend has direct deposited into my account?
Wayne's answer
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Answered on April 15, 2017
Unless he owes you money, your spending any portion of it isn't a good idea. He's entitled to receive his money. If you spend his money, you owe...
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