Does bankruptcy wipe out private student loans?

Not likely. There is a very slim opening for discharging student loans, private or not. An experienced bankruptcy litigator will have to take a...

My LLC valued at $1M is in foreclosure for a debt of $730,000. I gave it a personal guarantee for $500,000.

It is not "illegal" to transfer your assets. Are you familiar with the expression, "Penny-wise and Pound-foolish"? Are you seriously going to...

If I close a company with a debt of $270,00 is there any tax liability? This would be alcohol related

This may require more depth than is available on this site. There is no tax consequence to shutting down a business unless there are...

When can I file bankruptcy again from a 13 now need a 7

11 USC Sec 727 provides, in pertinent part, "(a) The court shall grant the debtor a discharge, unless— (9) the debtor has been granted a...

In Chapter 7, is there a procedure for removing an IRS lien in Bankruptcy Court if the debt is dischargeable?

Both right. 522(f) cannot be used to remove a lien which impairs an exemption. McNeal might be used to strip off a wholly unsecured lien. I am...

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My husband & I need to file bankruptcy. What do we need to do?

You need to schedule a free telephone consultation with a qualified attorney in your District. You might even consider calling me.

If I file bankruptcy will I lose my retirement acct.?

I hope the Hartford account is an IRA or some other tax-deferred account (or some other exempt account). You need to have a qualified bankruptcy...

If I listed my home for sale with a realtor can I still file for bankruptcy?

Cancel the listing, file the bankruptcy, get your homestead exemption allowed, get your discharge, let the case close, then list the property...

Collecting a debt on a car sale to a friend

Same question posted twice. Without a lien noted on title you will have to sue and get a judgment, then levy.

Getting money for a car sale to a friend

Sounds as though you did not retain a lien by noting it on the title. Without a lien, you have no right to repossess the car through self-help. ...