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When filling out schedule I for a self employed person would regular income from business be before or after expenses?
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Answered on May 20, 2012
Yes, the gross income figure is included here on Schedule I. There is a similar place on Schedule J (line 16) that asks for regular expenses for a...
Archived
Would I enter a tax lien on chapter 7 form schedule A separate from my residence?
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Answered on May 20, 2012
Tax liens go on Schedule D, secured claims. After you are finished entering all secured claims, you then total them for each specific item of real...
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Archived
My motgage is under water. no one will refi. what can I do. im current
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Answered on May 19, 2012
My first question is, how do you know that house is worth $265,000? And are you sure that you owe only $243,000 on the 1st? If the first by itself...
Archived
Is there a way to still answer?
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Answered on May 19, 2012
The real question here is: do you have any defenses to the charge card lawsuit? If so, you should definitely see a lawyer or head over to the...
Archived
Could I be responsible for my fiance's old debt if we get married? (New York)
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Answered on May 17, 2012
The good news is that generally you do not marry into debt, so your fiancé's debts will not become yours. However, if you do get married and he...
Archived
Lawsuit and Bankruptcy question
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Answered on May 17, 2012
Usually when a bankruptcy case is filed while state court litigation is filed my office files a document called "Suggestion of Bankruptcy" with the...
Archived
Will I lose my income if I file a ch. 7 bankruptcy?
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Answered on May 17, 2012
I think the problem you have here is that all the work that went into developing the track and paying for the sewer system happened before you...
Archived
Is there a way of getting my name off of a loan as coborrower?
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Answered on May 16, 2012
Sadly, this is an obligation that you cannot shed. Student loans are the hot new area for congressional focus, but the laws as they stand are very...
Archived
Can someone please explain the proper way to "state your claim"?
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Answered on May 15, 2012
What they teach us in law school is that every case involves a specific set of facts. We apply established legal principles to the facts at hand....
Archived
Is it possible to do a deed in lieu of foreclosure if there is a 2nd mortgage?
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Answered on May 14, 2012
The problem with the second mortgage is that when you make a deed of any kind, the recipient of the deed (the grantee) takes whatever title you had...
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