Archived
I have personal debt in the amount of $44,000. In order to avoid bankruptcy can I tap into my 403b to pay off debt.
Michael's answer
|
Answered on December 09, 2010
As a general rule I would NEVER advise to borrow from your retirement acccount to pay off personal debt.
You may be able to wipe out your debt...
Will my bankruptcy follow me abroad
Michael's answer
|
Answered on December 02, 2010
Although this question has been amswered, I think the key is that IF the companies that you are discharging your debts with report that information...
Archived
Bankruptcy
Michael's answer
|
Answered on December 01, 2010
You can declare bankruptcy but it is very unlikely you will be able to discharge your student loans. FYI there is a second circuit case on this...
Archived
If I seek to have a judgment declared non-dischargeable, do I waive my right to share in any distribution of the estate?
Michael's answer
|
Answered on November 26, 2010
No.
Archived
Small business / personal bankruptcy and continued obligations?
Michael's answer
|
Answered on November 23, 2010
A personal guaranree is like nay other debt in bankruptcy. Unless there is a valid reason to except it from discharge, it will be discharged.
Archived
What exactly do I need to do in order to file for chapter 7 bankruptcy?
Michael's answer
|
Answered on November 19, 2010
If you are unemployed you should save your money for food and such and not on a bankruptcy lawyer. If you have someone who can assiist you with the...
Archived
What can a family of four make in income to file chapter 7 bankruptcy.
Michael's answer
|
Answered on November 15, 2010
Although income is determined on a state level, your housing allowance depends on the county in which you live. Also, there are several deductions...
Archived
GA Bankruptcy
Michael's answer
|
Answered on November 15, 2010
You should contact a bankruptcy attorney who practices in the same location as your husband's case in GA; Also s/w your divorce atty immediately.
Archived
Will my father's home, used as collateral for my business loan (closed 2004), be lost if I declare bankruptcy?
Michael's answer
|
Answered on November 15, 2010
If the loan was secured to your father's house the obligation will be paid from the sale of the house if and when it is ever sold.
Could the...
Archived
Am I allowed to get a loan AFTER filing but not before discharge
Michael's answer
|
Answered on October 30, 2010
Short answer, yes. You may borrow money to pay the trustee.