Who counts towards the family size to determine the median income qualifications for Chapter 7?

If your income is above median, that only means that you must complete the rest of the means test to determine if you pass the means test. Many of...

Can I file bankruptcy without my spouse and what can they take or do to him, should I file.

Although I don't practice in Tennessee, one of my two offices is about 10 miles from the Tennessee line and I deal with people who have moved from...

The general rule is that all debt is discharged when the bankruptcy discharge order. There are numerous exceptions set forth in § 523(a) of the...

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In the event of filing for bankruptcy, what happens to US or overseas loans I gave out from personal bank a/c?

As the sole owner of an LLC, your best option would probably be to file for relief under chapter 7 as an individual and list all of the LLC's debt...

Would filing for bankruptcy protection for my LLC benefit from the unpaid loan? Can the creditors reclaim my $40K investments?

Don't practice in NY, but an IRA is exempt in all 50 states under § 522(c) of the bankruptcy code and it also appears to be exempt under NY law. ...

Debt.

From the limited information in your fact pattern, it appears that your uncle needs to file a petition for relief under chapter 7 of the bankruptcy...

What do i do i am very confused . I belived i was good since my ch 13 was discharged in good standing bring paid off earlier the

If the second mortgage holder did not file a proof of claim and was not paid and the plan proposed to pay the debt in full over the life of your...

Hypothetically if the LLC was to file for a bankruptcy, would it impact personal investments and/or assets overseas?

The first question that would have to be answered by a bankruptcy attorney reviewing the case would be is there any reason for the LLC to file a...

How can I find out who might still be owed the remaining balance? I can't seem to get an explanation. from the Trustees

As others have stated, you should contact your attorney and ask him/her why the payments are continuing. If you filed pro se and the trustee will...

Is filing for Chapter 7 a viable option to clear the debts and save owner's personal assets under state or federal exemptions?

Most of the cases in which my client owns an LLC that owns no assets, my client has signed a continuing guaranty for each loan, open account and/or...