If you file bankruptcy 7? Can the IRS take your private home?

A bankruptcy does not automatically eliminate all taxes. Your attorney should have explained this to you and taken the time to analyze whether the...

What is the statue of limitations for credit card debt in Ohio?

Ohio Revised Code Chapter 23 deals with this. It says 6 years for a contract that is not in writing and fifteen years if the contract is in writing.

What should display on your credit report after forelosure?

If the home was sold through foreclosure and there was a deficiency balance (the difference between what you owed and the lesser amount that the...

I received court papers in the mail from a debt collection attorney. Do I have to pay them?

You may be able to negotiate a settlement, but you MUST respond to the papers filed in the Court. If you received a complaint and a summons, you...

Convert Chapter 13 to Chapter 7

You may be able to convert your case to a 7, but it's a very fact specific analysis. I would suggest contacting your attorney and explain your...

You can describe this as "assets held for others" but that is still risky and the Bankruptcy Trustee will likely spend lots of time investigating...

We have a tenant who hasn't paid rent in 3 mos. and electricity is on in our name, can we shut it off?

If it's a commercial property, the landlord can take a lot more action against the tenant than a residential tenant, depending on what the lease...

Let my daughter use my credit card for moving expenses after her husband was laid off...do I have legal recourse against her?

If you gave her the card and authorized her to use it, chances are there is no "fraud" claim here, but it depends on what authorization you gave...

I have a commercial property that is being foreclosed . owned by llc. property tax in arrears. am i responisble?

The above advice is generally correct--depending on the amount of the guaranty the lender may very well come after you personally. Perhaps you can...

Tenant's rights when giving a 60 day notice of moving out is not possible, do I have to stay an extra month

It will depend on how the lease is worded and how much your security deposit is worth. Moving out without 60 days notice is technically a breach...