If a credit card company sues you and gets a judgement in Texas can you wipe away the lien with bankruptcy at a later date?

Lien stripping is allowed in every state if the judgment lien impairs an exemption. This is federal law. There is a formula to allow lien stripping...

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Can a trust account be attached for a credit card debt in a lawsuit?

Generally such trust accounts are not subject to garnishment because they are well established to hold clients' money, not yours. The problem...

Disclosure Statement/Ch 11 Plan How many hours attny's time and assistant's time, roughly, to prepare this ? small ind debtor

Based on everything you're saying, I would guess preparing plan and disclosure statement @3 - 4 hours; the hearing probably 10 hours. You should...

Can I file Chapter 7 Bankruptcy based on these facts?

I would think long and hard about filing a Chapter 7 bankruptcy. Not sure where you are located, so your exemptions are not known, but if you are...

Is filing Bankruptcy expensive?

Lawyer's fees are different everywhere, but just so you have a basis for comparison, I generally charge $1,800 all inclusive for a Chapter 7 case...

Can my paid for car be taken for business credit card debt and what should I do to avoid this?

Once you've been sued your response time has to become accelerated. You need to take immediate steps to contact a good bankruptcy lawyer. The...

I am a small business creditor that is owed $1800 by a debtor that has filed chapter 11. A motion has granted by the court

You may end up with nothing, depending upon whether the assets are all liened in favor of a bank or other secured creditor. Small business...

Did not reaffirm mortgage when filed Chapter 7 in 2008. Concerned about current HELOC and need advice on how to handle this.

Was the bankruptcy case a "no asset" case? If so, this is a "no harm no foul" situation because there was never a need to file a proof of claim. I...

My vehicle was included in my bankruptcy. We did not sign an affarmation. The car is now totaled who gets the insurance money?

If it was a no asset chapter 7 case and the car wasn't totaled, you will likely get the money for repairs. If the car was totaled the money should...

Chapter 13 Florida

Yes, chapter 13 is used frequently in this situation. Whether the bankruptcy will provide any real relief is hard to predict without knowing more...