Landlord filed for Chapter 11 bankruptcy and claims he cannot pay for maintenance without court authorization. Is this true?

Typically the secured lender has a lien on the rents that come in and therefore the Debtor has to get court authority to use them. The Court...

If a car is 50% in my name, but my daughter uses it, does it count in my exemptions for bankruptcy?

Unfortunately the title usually controls ownership. If you name is on the title then it will be included in your bankruptcy. In Florida you would...

How long to garnish my wages after info sheet is filled out on contract indebtedness?

Unfortunately if you can be garnished the judgment can stay valid for up to 20 years. It is originally good for 10 and then can be re-recorded for...

Typically Not-for-Profits can file Chapter 7 or Chapter 11 depending on what they plan to accomplish. Section 109 of the code specifies what can...

Chapter 11 - How are Non-Dischareable Debts Handled by the Debitor

Mr. Araujo is completely correct. The only thing I would add would be that if they did file Chapter 11 bankruptcy or any other type of bankruptcy...

DO YOU STILL PAY INTEREST AND LATE FEES IF YOU FILE CHAPTER 11?

Secured claims will be entitled to interest through your plan (unless 1111(b) election is selected sometimes) at least in some reduced form. For...

Typically about how much does a lawyer charge to file chapter 13 for one individual?

This is a very geographically driven answer. Each state, and in fact each district in the state, are usually different. Southern District of...

Bankruptcy chapter 13 can it really dissolve the 2nd mortgage if the value of the home is less then what you owe on the 1st mtg?

Chapter 13 bankruptcy can remove a second or third mortgage from your homestead if you can prove the value is less than what you owe on your first...

Im a shareholder in a company (MPPCQ) that recently filed chapter 11BK.

Just to add one thing. Please make sure to file a Proof of Claim for any amount you believe the company owes you. That way at least your claim is...

I want to take my company Chapter 11 and there is secured real estate. What are the criterion for granting a relief from stay.

This is only for educational purposes and should not be construed as an attorney client situation: I will make this sound as easy as the situation...