Are bankruptcy audits more common in Ch7 or Ch13? Other than the random audits, what prompts them?

I have had them in both, but they are not common. Most non-random audits seem to be prompted by means test numbers that may look out of place,...

Family and certain business associates are considered statutory insiders - it's automatic that they are insiders. But others with a close...

Filing Chapter 13, want to keep my business and lawyer says all I need is letter from CPA stating value of business-is this all?

In a 13, my guess is that the trustee here in northern Va. would accept that sort of analysis, although it is possible you may need more. But it...

Our bankruptcy has not been discharged yet. Do we have to report lottery winnings? What is the windfall period in Virginia?

What the others have said is simply wrong. The 180 day period relates to money from inheritance, life insurance, or divorce/marital property...

When can I object in a deposition?

You can *object* any time the question would be objectionable at trial or for discovery purposes. However, the only time you can refuse to answer...

Should I file for chapter 7 and what is the possibility of purchasing a home after?

You certainly may want to consider that, as it appears that your debt settlement program is not working (they rarely do). Consult with an...

Does my husband have to file for bankruptcy as well?

There is certainly no reason for your husband to file unless he has unmanageable debts as well. And under the means test, it often works better if...

Cash outs and bankruptcy? I cashed out my indiv life insurance 6 months ago to help cover expenses (mortgage,car payments etc)

Cashing out your life insurance to meet living expenses may have actually been a smart thing to do because the trustee may have taken it anyway. ...

Due to job relocation, I rent in the state of my job and left my home which I still owe lots of money on. Must file Bankruptcy

If the rent is at a loss, it should be reported but shouldn't make a real difference. Chances are it won't be an issue with the bankruptcy. But...

To make ends meet, I have been borrowing money from friends and now am considering bankruptcy- my bank accounts reflect this...

You need to analyze the amounts repaid to your friends over the past 90 days and over the past year and determine the risk of a trustee seeking to...