I own a small S-corp. I am considering filing PERSONAL bankruptcy chapter 7. How will by small biz and income be looked at in bk

The biz will be valued as the shares of the company will be in schedule B of your bankruptcy. Good Luck! REQUEST: Please give this answer a...

If you kept up on the payments you may be able to successfully oppose the repossession. If you did not make all the payments early or right on...

Can you have back child support thrown out with filing bankruptcy?

Child support arrears cannot be discharged in bankruptcy.

House lien on business loan

Unless they are paid in full they will probably refuse to release the lien they have on your home. Depends on the company, how much equity you...

I live in the state of Texas and am being sued by Target National Bank. Please advise on what actions I need to take.

The first thing you need to do if and when you get sued is file an Answer. The summons will tell you that you must “appear” by way of an Answer in...

You do not want to be late until after the case is confirmed. Better to be current with mortgage and car payments and if you must be late on...

The usual number is 1.5% per month, or 18% per year. Any more then that and you may upset and lose your clients. Commercial contracts really...

Asset Protection from Judgements

IRA plans are...do you mean life insurance proceeds after the insured died, cash value of a whole life policy or the value of a term insurance...

The court cannot force you to get a job. if your disability runs out that will be taken into consideration. The analysis does not matter if it is...

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Need advise for secure debt problem?

If the lien is for property taxes you will have very little negotiating room. Is the lien held by American Tax Fudning? if so you may be able to...