You can't exempt (protect) a preference payment. Exemptions are used to protect the property that you still own or possess. Since you've given...

My boyfriend has 30000$ tax lien? What do he need to do?

Your question doesn't give me a lot of details. The first thing is to see exactly what year the IRS is collecting for. You will see that clearly...

The "date of assessment" is the date that the IRS placed this tax liability on its books, so to speak. In other words, if John Doe files his...

My car was wrongfully repossessed for lapse of insurance. Is filling chapter 13 my only option?

Yes, you can file a Chapter 13 to get back the vehicle and put the repayment of the car loan in a Chapter 13 plan. Other than Chapter 13, you...

Can bankruptcy plans be placed on hold due to job loss?

I am not sure how the Chapter 13 Trustee and Judges in your area will respond, but in our practice in Western Pennsylvania, there is no way to...

I am 69 yr. I received a Notice of intent to seize. I have no assets and receive $3100 monthly gross in pension and SS. Advice?

Okay, you do not have a big income tax liability. You should call the IRS. There is a 1-800 number at the top right hand corner of your Notice...

How many years delinquent does property taxes have to be bofore the tax assessor/collector puts a lien on the property

It's hard to say because cities and townships across the country have different approaches towards placing liens on real estate, and then pursuing...

I have a letter from our local bankruptcy trustee that our home was surrendered to B of A in 2012. Why is prop still in my name?

To "surrender" a property in a Chapter 13 bankruptcy isn't what you think it is. In effec t, the "surrender" merely reflects the fact that your...

How do i file bankruptcy with my fiancee on a car we own together before it gets repossessed

Sorry, Chapter 13 filers have to be married in order to file jointly You didn't really explain your goals and the reasons for filing a case. ...

You didn't mention anything about the condition of the motorcycle. This situation arises often with vehicles that are surrendered either through a...