I am being hit with a massive sales tax for my dance studio. We only provide services? We do not sell items of any kind.
Kenneth's answer
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Answered on July 30, 2019
If the collection efforts are proper, the loss of a vendor's license would mean that you cannot conduct transactions or services going forward. You...
Can i pull out my 401k during a chapter 7 bankrupcty?
Kenneth's answer
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Answered on July 25, 2019
I would not recommend taking a withdrawal from your retirement plan until after the bankruptcy case is closed. You should receive your discharge...
I am considering filing chapter7 I have around $53000 in credit card debit & we have an RV loan can I reaffirm that loan?
Kenneth's answer
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Answered on July 24, 2019
Assuming you qualify for the Chapter 7 bankruptcy, reaffirming an RV may be possible. You need to know if there is equity in the RV. You also would...
Can I file chapter 7 and keep jointly held assets (with my wife) out of the bankruptcy, i.e stocks, my house, etc. ?
Kenneth's answer
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Answered on June 19, 2019
No, you cannot file Chapter 7 Bankruptcy and exclude the jointly owned asset. 50% of the value of that stock belongs to you as an owner, so it must...
Archived
What should I do? Info on fraudulent bankruptcy filling?
Kenneth's answer
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Answered on June 19, 2019
You should contact the Trustee. Are you a creditor? What is your involvement in this matter? An objection to Confirmation of Plan may be in order...
Archived
How much do you pay out in a Chapter 13?
Kenneth's answer
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Answered on June 19, 2019
There is no average. Your household income and household expenses control what disposable income you have. Your entire debt situation has to be...
Can a home equity line of credit (HELOC) be levied after a civil judgment?
Kenneth's answer
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Answered on June 03, 2019
A HELOC is a debt, not an asset. A civil judgment may be certified and then it serves as a lien against real estate. In bankruptcy, a lien may be...
Archived
Taxes?
Kenneth's answer
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Answered on May 30, 2019
The divorce agreement covers tax years 2015 and prior so that has no bearing on your 2016 taxes. How did you file taxes together with your ex in...
Archived
Filed chapter 13 in November case still not confirmed and it’s May is this normal? How long does it usually take?
Kenneth's answer
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Answered on May 23, 2019
Each case is different. Each case has different issues that may need addressed. I would not say it is not uncommon. The best advice is to contact...
Archived
Can my medical bill debt be placed as a lien against my house?
Kenneth's answer
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Answered on May 08, 2019
A medical bill creditor or a collection agency trying to collect on behalf of a medical bill creditor has to first obtain a money judgment against...