In North Carolina, am I responsible for my husband's credit card debt? Am I liable for his business debts?
Theodore's answer
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Answered on June 29, 2010
As long as you do not own property or banks accounts jointly AND you did not co-sign any of the obligations, they cannot go after you. Make sure...
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My parents own a home but have deliquent health bills if I pay of the leins &change the home to my name can they come after me
Theodore's answer
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Answered on June 29, 2010
You would have to check with an attorney in your locale, but I would consider this a fradulent transfer and if I were the creditor for the bills...
Can I be forced to sell my house in a bankruptcy proceeding?
Theodore's answer
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Answered on June 29, 2010
People often ask if they can keep homes, second homes, cars, boats, tax refunds, etc., when they are contemplating Bankruptcy. I always tell them...
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Tenant renting a home, the Owner has filed Bankruptcy and we want to purchase
Theodore's answer
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Answered on June 29, 2010
They cannot sell the house without the permission of the Trustee so there will be no sale for a number of months.
Archived
Are we responsible for a deceased relatives debts?
Theodore's answer
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Answered on June 29, 2010
Maybe if you were the spouse. Only if you gauranteed the debt or were a co-signor if you are not the spouse.
Archived
If my wife gets property in divorce an than files bankruptcy on property am i liable for the property?
Theodore's answer
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Answered on June 29, 2010
The divorce agreement, decree or judgment supposedly settled the rights and obligations between you and the former spouse. However, it does not...
Archived
Where can i find instructions for answering to a civil lawsuit(credit card debt)?
Theodore's answer
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Answered on June 29, 2010
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...
Archived
How can I get out of an adversary proceeding without hiring an attorney?
Theodore's answer
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Answered on June 29, 2010
There will not be a judgment that ruins his credit. The adversary will find that the debt is not dischargeable. You could probably negotiate a...
Archived
I owe 2800 in a past debt that has a judgement that was transferred from one state to another. Original principle and interest.
Theodore's answer
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Answered on June 29, 2010
What would be the basis for going to court? You could challenge the transcription of the judgment but you would have to show a deficiency in the...
Archived
My hearing was reschedule and im unable to attend what should i tell them?
Theodore's answer
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Answered on June 28, 2010
Thinking about doing something will not be a basis for failing to attend the hearing.
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