Bankruptcy. Does New Mexico exemption 4 homestead Only apply 2 residents of NM? I live in CA now and must use NM exemptions.

exemptionsexpress.com is a terrific site that can answer that question. According to that site, you must be a New Mexico resident. Federal...

Can a Ch 13 be paid off earlier than 36 months?

NO WAY. What you have not been told is that is all depends on the jurisdiction. If you pay 100% of the debt, you can pay in less than 36 months....

Wage garnishment Q. If creditor can only garnish 25%. Does that mean that if addtn'l creditor try to garnish they split the 25%

The first creditor to garnish gets the maximum. Any additional creditors can collect if there is room left to garnish. If there is no room left,...

Being Sued/Filing for Bankruptcy

The system is set up to give everyone their day in court. You will be having a trial and need to be prepared. Make the other side prove everything....

How do I collect money owed to me?

If you were an employee, contact the Department of Labor because it violates the Wage and Hour laws. If you are independent contractor, then you...

Corporate credit card and line of credit debt owed from a dissolved corporation

Unless you personally guaranteed the debt or co-signed it, the creditors cannot come after you. Corporate debt is not personal debt in that case....

Bankruptcy question regarding NM homestead exemption. If I am the only 1 living in home do I get to use this exemption in my BK?

You should talk to a New Mexico attorney. Homestead exemptions typically apply to owning a home (except in Virginia where it is a wild card...

If supplementary proceedings necessary in fed. court, what does assignee become?

You can collect as assignee of the original judgment creditor. The only right that you have under that assignment is the right to collect on that...

If you put money into your wife's account, she can receive a garnishment summons to get the money. If the account is joint, the bank can receive a...

In chapter 7 what are my rights post petition?

The only property that you acquire post-petition in a Chapter 7 case that becomes an asset of the estate is anything you become entitled to by...