Bankrupt rental properties in calif

People often ask if they can keep homes, second homes, cars, boats, tax refunds, etc., when they are contemplating Bankruptcy. I always tell them...

I filed chapter 7 but now the trustee wants me to pay a crazy amount of $ what happens to me if I cant pay?

You have undoubtedly stated that you want to keep the assets and now the Chapter 7 trustee is seeking there value. You should definitely consult...

My business partner wants to file for bankruptcy.

If the loan is gauranteed by the business then the business will have to pay the loan back and the loan may be accelerated because your partner...

When you get married to some one that has debt does it become something you your self have to take care of?

When you get married the debt you have amassed prior to the marriage do not automatically become the liability of your new spouse. However, the...

I have two unpaid medical bills on a summons, and I have no idea how to handle it. Help, please?

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...

How many garnishments can be take from your paycheck. I have one garnishment and child support taken out. can anymore be taken?

Only one garnishment can be taken at a time, unless the second is for child support! Child support gets a priority in the amount they can take, so...

Will i be affected as a cosigner for my parents bankruptcy?

Yes. As a co signor your credit report could be affected. If your parents reaffirm the debt and there are no late payments this will minimze the...

The summons will state how many days from the date you received the paperwork. In City or local court (small claims) it is 10 (ten) days from the...

I bought a soft drink yesterday only to see that I had a gnat floating at the top. I didn't open it, can i sue?

When deciding if you should sue someone there are two essential requirements. First, did the person who you think violated your rights have a duty...

How do you fill out "The Answer"?

Mike: Good talking to you. i hope you were helped by the Answer and it's use. Good Luck!