Fiduciaries appointed outside of New York State do not have the authority to act in New York. In your situation, an ancillary proceeding may be...

Can I be held liable for my wife's credit cards? Will a judgement creditor force a sale of our home for her credit card debt?

The New York State homestead exemption for Tompkins County is $75,000. The exemption is per debtor so you can protect up to $150,000 of equity in a...

In New York, a judgment creditor can serve a judgment debtor with a subpoena to appear at a deposition to aid enforcement of the judgment. The...

What action should I take?

You should contact the Bankruptcy Court clerk to find out if a claim should be filed. Most Chapter 7 cases are "no asset" cases, and filing a claim...

If i go bankrupt on my business am I personally liable for an debts?

There is always personal liability for credit cards in a business name. If you are the sole owner of the business, then you will be liable for any...

I am filing chapter7 and I own (clear title) a vehicle worth 23000.00. What is the likelyhood the court takes my vehicle?

If your valuation is accurate, a Chapter 7 trustee will demand that you turn the car over, or, as stated in a prior answer, you will have to pay...

If you intend to contest the will, then you should not sign the waiver and consent form. Keep in mind that under certain circumstances, a photocopy...

Bankruptcy question for New York

A bank may take money that you have in a bank account to satisfy a debt owed to the bank, even if you file for bankruptcy. This is known as a right...

We are filing a joint chapter 7. Car is in my name. Can I double the exemption because it's a joint petition. It's worth 6,000

If title to the vehicle is in the name of one debtor only, the exemption cannot be doubled in a joint bankruptcy filing. You may take only one...

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How can a lien be removed from a house after the bankruptcy of a previous co owner?

Under certain circumstances, judgment liens can be avoided (removed from real property) in bankruptcy. However, in order to do so, the person...