Archived
Chapter 7 Q other day. Mom and I took me off deed to home & added Dad about 10 mos ago. Now I need to file chapter 7. What now?
Mitchell's answer
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Answered on June 13, 2011
You basically gave away your equity. You cannot exempt it now because you do not have it. If you were given something in return, you may be able to...
Archived
Can I file bankruptcy without an Attorney in McHenry Cty, Illinois?
Mitchell's answer
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Answered on June 13, 2011
First of all, you say that you are being sued by a creditor. It sounds like a debt collector to me. If this is why you are considering filing, go...
Archived
I am a sub-contractor that has not been paid by a subcontractor is it best to file a stop notice or should i file a lein
Mitchell's answer
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Answered on June 13, 2011
You may qualify for what is known as a mechanics lien, but you should consult counsel immediately. A mistake could be costly.
Archived
Chapter 13 - elkhart, IN In regards to previous question on my husband now making 75,000 yrly. additional question below
Mitchell's answer
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Answered on June 13, 2011
The means test is based on income for the 6 months prior to filing adjusted for any known changes. If that said 3 years, then you qualify for 3...
Archived
Can the IRS collect taxes on a debit that was included in a bankruptcy?even tho they sent in a 1099.
Mitchell's answer
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Answered on June 13, 2011
The advice is only half right. The 1099 was not sent in error. It is sent whenever there is debt forgiveness.
Check out IRS Form 982....
Archived
I put a $1,000 deposit on a used car today, but now have serious concerns about buying it. All the paperwork is signed.
Mitchell's answer
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Answered on June 13, 2011
Read the entire contract. If you signed, you and the dealer are both bound to it. If you agreed to the payments, then you must make those payments....
Archived
Can Student Loans and IRS debts/levies be resolved/mitigated?
Mitchell's answer
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Answered on June 11, 2011
You are asking about an Offer in Compromise for tax debt and that is possible. See the IRS website for more information. For student loans, it is...
Archived
Can I protect my 5,000 dollars in my checking/saving account in Chapter 13
Mitchell's answer
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Answered on June 11, 2011
It depends on two things, local practice and Texas exemptions. If you can protect the property, then none of it is subject to your bankruptcy. If...
Archived
How do I collect the fees from an out of state company (e.g. I live in Denver, CO) which were bound by a legal biz contract?
Mitchell's answer
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Answered on June 11, 2011
You have to sue the company based on the contract. If the company has no assets where you can sue them, then you can seize assets. If not, then you...
Am I required to give my doctor's office my credit card number, expiration date and security code for them to keep on file?
Mitchell's answer
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Answered on June 11, 2011
Your doctor can require an upfront payment subject to the limitations explained in your insurance documents.
I hope this helps.
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