What about non valuable property in the Statement of Financial Affairs, question 10: Other transfers.

I always err on the side of over disclosure. Having said that, if you gave away or sold anything worth less than $200, perhaps a blanket answer...

Selected as the best answer

I have $70,000 in debt, if I file chapt.7 as an individual can my wife be effected in anyway ?

Your bankrupty can affect a non-filing spouse in a couple of ways. Assets that are owned joinlty with yoru wife may become susceptible to the grab...

In Florida if I am the president of a SubS Corp. and I have Credit Cards in the Corp. name and mine am I liable for Corporate

Think of this as two people cosigning for a loan. You as an individual owe the money and the corporation as an entity owes the money. You each owe...

In Florida if I am the president of a SubS Corp. and I have Credit Cards in the Corp. name and mine am I liable for Corporate

Think of this as two people cosigning for a loan. You as an individual owe the money and the corporation as an entity owes the money. You each owe...

Is an Ira exempt in bankruptcy

Yes

Which assets can be taken and which cannot in a bankruptcy case? Why are there distinctions?

Two sets of basic rules on this one: (a) those who own a home and intend on keeping it, and (b) everyone else. If you fall under (a) then you get...

I've sued and won a case in small claims court against a bank and I want to know what type of lawyer I should use?

I agree with the earlier answer that references the "impact Rule." No physical impact to your body (i.e., broken bones, etc.) no caue of action. I...

Why not accept service and, assuming the debto collector who has been stalking you has violated the FCCPA/FDCPA, file a counter claim? I don't...

I just got a summons on a home i surrendered a year ago in chapter 13.

There is no mechanism in bankruptcy that takes home out of your name and places it in the name of bank. "Surrender" in bankruptcy just means you...

What happens to the delinquency on a second mortgage when you file chapter 7 bankruptcy in Florida?

there is no mechanisim to get you caught up on the second mortgage. Rather you can negotiate the amounts owed, arrears, etc. through what's called...