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I'm interested in filing bankruptcy. I'm about 2 to 6 months overdue on some accounts. If I file, can they take my tax refund?
Michael's answer
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Answered on February 03, 2013
You are entitled to a $11,975 exemption in NY assuming you have no other assets that may need that exemption.
However, if you repay your family...
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My husband passed away 2 months ago and had a credit card debt with bank of america I was not on the account do I have to pay it
Michael's answer
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Answered on February 01, 2013
You voluntarily paid the debt of your husband. You did what you thought was right. It is unlikely that Bank of America will return the payments to...
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I have old credit card debt, about 5 1/2 years old. I want to start my own "small" business
Michael's answer
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Answered on January 31, 2013
Yes
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Are future retroactive lump sum disability lumps sum payments received post-Chapter 7 filing exempt in bankruptcy? Thank you
Michael's answer
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Answered on January 30, 2013
Disability payments and awards are generally exempted from creditors in bankruptcy but used to determine income.
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Will home owner's insurance payments due to Sandy will be counted as income for Chapter 7 means test?
Michael's answer
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Answered on January 30, 2013
If the homeowner's insurance payment is applied to an expense related to the damage, i.e. replacing your porch, the answer is no. It is not a...
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Bankrupcy
Michael's answer
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Answered on January 28, 2013
Check around for legal services or the same.
What happens if I file for Chapter 7 and my salary increases by $1000 or so after my filing date? Will I have to refile?
Michael's answer
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Answered on January 28, 2013
No. Your income is based on the 6 months prior to filing bankruptcy. Also, I do not see how except in the rare case a $1,000 per year increase...
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Deed in lieu after bankruptcy?
Michael's answer
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Answered on January 25, 2013
Maybe, you can't force the bank to take the deed.
Archived
I filed for Chapter 7 bankruptcy in July 2011 - am I going to receive a federal refund ??
Michael's answer
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Answered on January 24, 2013
If your case is closed and you received your discharge you will also receive your tax refund assuming you do not owe any taxes.
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I am calling because I am in debt about 10,000.00. A big part of the debt is paydayloan advances. I am in a very despert situati
Michael's answer
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Answered on January 22, 2013
I really have no idea where Camillus is located so I would strongly suggest that you look for a local attorney on the NACBA.COM website. And most...
