Can debt be less than 90 days old to be included in bankruptcy? How do I ensure getting my tax return?
Margery's answer
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Answered on November 05, 2008
There are many possibilities. If you incurred a debt in contemplation of bankruptcy or while you were insolvent, the creditor has a good argument...
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Bankruptcy
Margery's answer
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Answered on November 05, 2008
Creditors do not have the right to call you once they are notified that you have filed bankruptcy. It does take time for the notices to go out,...
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Noncompete
Margery's answer
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Answered on November 05, 2008
There is some favorable law in Florida that can be helpful in defeating noncompete agreements. They are not favored. However, the strategy and...
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Premarital debt
Margery's answer
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Answered on November 05, 2008
Based on the facts you describe, your wife would not currently be liable for the debt, therefore her wages would not be garnishable.
However, be...
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Beneficiary of deceased spouse
Margery's answer
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Answered on November 05, 2008
In the states where I practice law, the will of your husband would control, unless the aunt's will has a provision for what should happen to any...
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Foreclosure
Margery's answer
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Answered on November 05, 2008
If state law in your state permits the lender to obtain a deficiency judgment against you, and if the foreclosure on the first house would not...
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Bankruptcy
Margery's answer
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Answered on November 05, 2008
So long as household income qualifies for Chapter 7, there is probably no reason why she can't file. You don't say what state you are in or the...
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Foreclosure
Margery's answer
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Answered on November 05, 2008
This is obviously a complex problem. There is no simple advice that would provide a solution. She needs an attorney who is familiar with...
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CREDIT CARD DEBT
Margery's answer
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Answered on November 05, 2008
There are attorneys who specialize in credit repair. The Fair Credit Reporting Act mandates that credit reporters provide accurate information and...
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CA.Foreclosure vs. Bankruptcy
Margery's answer
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Answered on November 04, 2008
It is difficult to evaluate the exact difference. Both of these events make a significant dent in credit scores. However, due to the economic...
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