Archived
Cab debt collector take money from sons bank account for my debt. my name on it for emergencey and I have my work check deposit
Jeffrey's answer
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Answered on February 03, 2015
If the creditor garnishes the bank, the bank will freeze the account as a result of your name being on the account. Your son may have a defense in...
Archived
I have been subpoenaed by a collection attorney for deposition to produce tax returns for the last 3 years.
Jeffrey's answer
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Answered on January 30, 2015
I agree that you need to comply with the document request in the subpoena.
Archived
Purchased a car recently
Jeffrey's answer
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Answered on January 29, 2015
Frankly this depends. The trustee will want to see the details of your purchase. How much did you make as a down payment including a trade in? ...
Archived
I have checking & savings acct. at bank my daughter is beneficiary, can funds in acct. be frozen.
Jeffrey's answer
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Answered on January 29, 2015
You might have a defense to garnishment. The first question is what is the actual name on the account. If your daughter is just a payable on...
Archived
Is my homestead (properly filed) property under risk if I need to file a CH 13 bankruptcy?
Jeffrey's answer
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Answered on January 29, 2015
There are homestead limits in bankruptcy that do not exist under Florida state law. Using this cash to buy a homestead would not be protected in...
In Chapter 7 bankruptcy, how many days after the post 341 60 days does the discharge and closing of the case typically occur?
Jeffrey's answer
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Answered on January 28, 2015
There is a difference between the discharge and the closing of the case. The case would likely be closed soon after your discharge unless the...
Archived
Do personal injury settlement funds need to be turned over to the chapter 13 trustee?
Jeffrey's answer
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Answered on January 22, 2015
The 11th Circuit Court of Appeals, which is the controlling higher court for bankruptcy cases other than the U.S. Supreme Court, has held that a...
Archived
If I close a company with a debt of $270,00 is there any tax liability? This would be alcohol related
Jeffrey's answer
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Answered on January 22, 2015
You raise a lot of issues for this forum. Do you have a shareholders agreement? This might impact opening a new business on your own. I am...
Archived
My LLC valued at $1M is in foreclosure for a debt of $730,000. I gave it a personal guarantee for $500,000.
Jeffrey's answer
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Answered on January 22, 2015
I agree that you need to review all of your financial circumstances with an attorney. A fraudulent transfer, giving away your assets, though...
Archived
Will my combined income to new husband allow for more child support to be paid for his child?
Will I lose homestead exemption?
Jeffrey's answer
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Answered on January 18, 2015
If you reside in your new husband's home, which means you will not be residing in your current home, you can no longer claim homestead in your...
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