I recently received an information subpoena. However, it does ask me about my everyday bills and any hardship that I may be

It sounds to me that the creditor may have already obtained a judgment against you. After a judgment is entered, the creditor has the right to try...

My spouse and business partner of our LLC has folded the business after I asked for a divorce. I then find out that he owes over

I agree with the responses above. What is most important is that when the agreement was signed in 2004 you did not voluntarily. The bank relied,...

Are there "line item" asset amounts that are exempted from seizure to go toward payment of restitution?

I'm in Florida and perhaps a California attorney will respond as well. Generally speaking, exemptions that you can use in a bankruptcy case also...

Settling a Joint Collections Account

As the previous responder indicated, you technically may have the basis to sue for 1/2 of what you paid. If she also signed the lease agreement,...

Bankruptcy is affordable ? Do I need to file all my credit cardsI? I Can we keep the businees open when we filed bankruptcy?

If you are filing bankruptcy you are required to list all of the debts that you are responsible for. This includes your personal credit cards and...

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I just got served with The Summons and Complaint for the Consumer Credit Transaction. I filled Chapter 7,does it stop a lawsuit?

The automatic stay that arises when you file bankruptcy prevents creditors from collecting on most types of debts. There are some actions that are...

I agree with Attorney Chen and disagree with Attorney Bunce. When responding to questions on this site I try to restrict my answers to questions...

Volunteering for a company in financial distress and we're filing bk.....

I agree with the above responses. However, don't rule Chapter 7 out based solely upon your spouse's income. Even if you have a primarily consumer...

I was taken to the hospital involuntarily, do I have to pay the bill?

Agree with the previous posters. Liability to pay a debt is not always based upon a signed agreement to pay as is normally the case when you have...

I sent debt validation letter to collection agency and they sent me a letter saying they have returned my account back

Agree with the previous poster. Watch out for the potential of referral to another agency. In addition, validation is not necessarily a huge...