What happens if I sell a non-exempt property mid-way through my Chapter 11 bankruptcy's 5-year payment plan? The property in question was paid for long before I filed, and still has no liens on it. The amount I am paying impaired, unsecured credi...
Generally, confirmation of the chapter 11 plan revests the property of the estate in the debtor. That means that you could sell it. Hiwever, you need to determine that the pkan does not place any restrictions on the property.See question
Prior to filing a Chapter 11 bankruptcy, I opened a business under my wife's name, two months prior. Can I conduct business with her company while my case is still active?
The way your question is phrased implies a problem. If you filed a personal chapter 11 and your wife owned a business, your personal 11 should not impinge upon your the operation of your wife's business. But you say that you "opened a business under your wife's name". This implies that you are the true owner and your wife a straw (wo)man. You need to consult with an attorney and hope that no one who thinks that you are up to something reads your posting and connects it with you. Perhaps I am reading too much into what you wrote and your wife does own the business.See question
I am arguing with someone on the internet and want to prove them wrong.
It depends upon the particular protection at issue and, sometimes, as to non-citizens, the location of the person (either in the United States or elsewhere, like Guantanamo, Cuba for example)..See question
16 year old son wants to start a company in Michigan and work on a making a product that he has a provisional patent for, but the state does not allow minors to have a business in their name. How can I help him?
Because a minor's ability to enter into contracts is limited, your son might need to have an adult participate for a couple of years in managing the company. I am not certain. I had plenty of friends in business at age 16. But why do you say that the state does not allow a minor to have a business in his own name? If he were to form a corporation or LLC he would not be asked his age. I agree that a business lawyer could set him on the right path.See question
The intent to reaffirm with a creditor was never signed. $7,500.00 in Wages have been garnished since 2010. Error discovered when applying for mortgage in 2016. Creditor wants to offer $2,000.00 settlement.
If there was no reaffirmation agreement properly entered into and filed with the court, the collection actions violated the discharge. You could potentially have the bankruptcy case reopened and file suit against the creditor to receive all garnished wages plus the attorneys fees and other expenses incurred by you. Consult with an attorney before settling for $2,000.See question
Following a Chapter 7 Bankruptcy discharge, a vehicle is then repossessed. The debtor then takes the after market radio from the car while gathering personal belongings from the car, after it has been repossessed. Is the theft of the after marke...
The security agreement probably gave the creditor a lien on accessories, additions, replacements and accessions and therefore on the radio. That would mean that taking it would be wrong, perhaps criminal.See question
Need to know if this company has filed.
www.pacer.gov. Search the records of the bankruptcy courts for the company's name. Also, try a regular internet search. Be sure that you have the company's actual name.See question
My previous employer is attempting to file for bankruptcy (I left the company in August 2016). One of the investing companies has filed a "MOTION FOR ORDER DIRECTING EXAMINATION AND PRODUCTION OF DOCUMENTS PURSUANT TO BANKRUPTCY RULE 2004". Item...
If a valid order is entered and a subpoena served, you are required to comply. If you do not wish to comply you should consult with an attorney to determine what right you might have to oppose this.See question
I CAME OUT OF THE NIGHTCLUB TO FIND MY CAR HAD BEEN BROKEN INTO. VALET HAD PARKED MY CAR. CLOTHES, MONEY, AND TOOLS WERE STOLEN AND MY WINDOW WAS ALSO BUST OUT. THE CLUB OWNER SAYS HE IS NOT RESPONSIBLE FOR THE DAMAGE. BUT IF I PAID FOR SPECIAL PA...
Making an insurance claim is a fine idea if you have insurance. As for the night club's liability, it's a question as to whether the club had control over the vehicle. If so, it appears to be a "bailment". I think that the club or the valet company may have liability on this basis.See question
We are an eCommerce biz that sells expensive items. Buyers agree to No Returns policy in regard to "Buyers Remorse" by checking a box stating they agree to terms / return policy at Checkout. A problematic buyer stated via email they changed their ...
This is covered by Article 2 of the Uniform Commercial Code. I would need to read all of the terms to offer a complete answer, but the short, preliminary answer is that it appears that you can enforce the agreed terms and refuse a refund.See question