How long it takes to file for bankruptcy?

Speak to the lawyer directly about your concerns. Coincidentally, the official bankruptcy forms in use nationwide changed as of December 1, 2015,...

Is there any quick way to collect or get paid from him?

The advice given to you is sound. If you have a signed promissory note you could have your attorney commence an expedited summary judgment action...

A proof of claim in a chapter 11 bankruptcy typically relates to the debtor's pre-petition debt activity. In most cases such claims must be filed...

Doesn't their reply increase the likelihood that there are disputed facts and increase my chance of the case going to trial?

The reply will not per se increase the likelihood that the court will find material contested facts that require a trial. Indeed, the most...

Investing bootstrap capital in to C-corp without dilution, debt or valuation issues.

There may be a way to set up a second class of shares but much more needs to be known. Regarding dilution, you might offer anti-dilution or...

What are my options in this case,do i have a reason to feel i could be arrested at some point?

As my colleagues advise there is no longer any debtor's prison in New Jersey or within the United States. This is a civil rather than a criminal...

Do I have anything to worry about as far as loosing my dog and is there any possible way she can win him?

You have been given sound advice,. This is all a matter of proof and it appears you have the proof. There was a reported case recently decided by...

Is it possible to cancel a bankruptcy after it being filed?

I agree with Ms. Bunce. You need to investigate non-profit credit counseling and meet in person with an experienced bankruptcy attorney near you...

Do I need to create an LLC to protect my personal assets, or will a sole proprietorship with proper insurance suffice?

Good luck with your new venture. Insurance is good up to a point but will not keep you out of litigation as a potential defendant (target) much...

Under what circumstances would a company not be permitted to file bankruptcy to escape paying a judgement?

Companies are permitted to file for bankruptcy protection so long as they follow the bankruptcy statutes and rules and list all assets and...