Archived
My bankruptcy is still pending but one creditor--the one that is secured by all our assets, accounts receivables
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Answered on July 22, 2012
They cannot do this without the approval of the bankruptcy court, but that may have happened. You need to have an experienced bankruptcy lawyer...
Archived
If you are subpoenaed to court and don't go but are on parole with 20 years over your head what are the consequences
Daniel's answer
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Answered on July 22, 2012
It could well be a parole violation (as well as a crime) to ignore the subpoena, and there is no privilege against being required to testify...
Archived
Chapter 7 Bankruptcy and Taxes ....
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Answered on July 22, 2012
I am sorry for your loss. Personal tragedy is often compounded by financial issues, and the system often works against your ability to resolve...
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Archived
How can i file for bankruptcy? What is the process?
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Answered on July 22, 2012
Assuming no advance planning is required due to excess income or non-exempt assets, a typical chapter 7 bankruptcy takes about 3-4 months from...
Archived
I own a small business in which i am the owner/president and my husband is vp. Our business is incorporated and we are separatin
Daniel's answer
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Answered on July 22, 2012
There is rarely a good reason to file a Chapter 7 liquidating bankruptcy for a small business. The typical exception is when there has been a...
Archived
My HELOC was avoided--no equity. Value of the home increased w/no dischg yet--now equity in home. Can creditor revive lien?
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Answered on July 13, 2012
As long as you complete your case, and the lien was validly stripped, the lien cannot be revived.
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Archived
I am thinking of filing BR. Will it affect my license if the ones I'm filing against was for materials on past jobs. I live VA.
Daniel's answer
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Answered on July 13, 2012
A state may not deny a license based on discharging dischargeable debts in bankruptcy. However, a bankruptcy filing may affect your ability to get...
Archived
My Home is being forclosed on July 5th by an auction,How many days after sale do i have to vacate the premises in wllmsbtg Va
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Answered on July 09, 2012
After the sale, the purchaser would have to go to General District Court to evict you. That typically takes a few weeks. You don't have a long...
In the state of Maryland, can 401K/retirement accounts be taken in the event of foreclosure?
Daniel's answer
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Answered on July 09, 2012
Your retirement accounts (if validly set up as an IRA, 401k or other tax-favored retirement accounts) are completely exempt from execution on debts...
Archived
Hello, my daughter that is 32 is living with a man 42 he works for himself rehabing forclosed homes. he is paid 1099
Daniel's answer
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Answered on July 09, 2012
Your daughter needs to stop putting his checks in her account. When (not if) the IRS finds out about this, the IRS may come after her for what he...
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