Questions answered by Wayne Greenwald

Archived

Left employer 60 days ago. They want to rehire me. I had irs garnishment in place there. Would garnishment still be in effect.

Wayne's answer | Answered on November 24, 2016

Yup. Time to try negotiating with the IRS.

Archived

Store which we had a contract with File for Bankruptcy

Wayne's answer | Answered on November 24, 2016

Your question has legal and business aspects. First, I assume the company went into chapter 11 and continues doing business. You are not...

Archived

Can my in laws get into trouble because they hid this from the trustee?

Wayne's answer | Answered on January 17, 2016

Each responder is correct. Assuming your in-lawsite intentionally hid the law suit, that's a bankruptcy crime. 28 USC 152. Bring this to...

Archived

If i give my grandson money and he says he will pay me back and doesn't can i take him to court?

Wayne's answer | Answered on November 23, 2015

You can sue him. Anticipate him saying it was a gift. So, you should have some proof it's a loan. More importantly, what's more important to...

Archived

I need to declare bankruptcy of my private student loans. Which chapter do I pursue and what else do I do?

Wayne's answer | Answered on November 23, 2015

It's unanimous. Filing for bankruptcy is, generally, not the best way to address student loan debt. You should confer with a...

Archived

Are we legally allowed to accept monies from our customer for new orders after they have filed Chapter 11

Wayne's answer | Answered on November 21, 2015

Yes you may. You describe a post petition transaction for which you are receiving a post petition payment. This is permissible. The problem would...

Archived

How far back can a creditor or bank look to see if account was comingled.

Wayne's answer | Answered on July 03, 2015

They can look back at least six years. However, let's face the real issue. You've got your social security account. It's protected. You're...

Archived

What is my personal liability in an LLP and LLC?

Wayne's answer | Answered on July 03, 2015

Ms. Berschler's insight is useful. If you're creating an LLP or LLC for a non professional business (not a lawyer, doctor, cpa, etc) unless you...

Archived

Is it illegal for a bank to turn down a payment on a car loan if your behind and turn around and take the car

Wayne's answer | Answered on July 03, 2015

The loan agreement probably gives them the right. Your practical issues are: a.) do you want the car back, and b.) do you want to be further...

Archived

“Am I Legally Obligated to return a car after defaulting on the loan, and the car is not able to be repossessed?”

Wayne's answer | Answered on July 03, 2015

Check your loan agreement. Odds are it obligates you to deliver the collateral if requested. Repossession, is if you don't cooperate. There...

Wayne Greenwald's Answers (424)

Left employer 60 days ago. They want to rehire me. I had irs garnishment in place there. Would garnishment still be in effect.

Store which we had a contract with File for Bankruptcy

Can my in laws get into trouble because they hid this from the trustee?

If i give my grandson money and he says he will pay me back and doesn't can i take him to court?

I need to declare bankruptcy of my private student loans. Which chapter do I pursue and what else do I do?

Are we legally allowed to accept monies from our customer for new orders after they have filed Chapter 11

How far back can a creditor or bank look to see if account was comingled.

What is my personal liability in an LLP and LLC?

Is it illegal for a bank to turn down a payment on a car loan if your behind and turn around and take the car

“Am I Legally Obligated to return a car after defaulting on the loan, and the car is not able to be repossessed?”