Archived
In Texas, can I negociate a lower price on a home purchase by not using a buyers agent and saving 3% commission?
Alan's answer
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Answered on February 01, 2012
Usually the listing agreement between the seller and the realtor defines the commission structure. A buyer's agent gets a piece of that, so your...
Archived
What should be done about an x-girlfriends possessions left behind after a break up?
Alan's answer
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Answered on February 01, 2012
Pack them up and send them to her.
Archived
Reporting interest in a land contract by buyer
Alan's answer
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Answered on February 01, 2012
You have to report what you receive in interest as income. You can deduct interest you pay as an expense, and you have to pay taxes on the...
Archived
Chapter 7 BK opened in Aug, discharged in Dec, still not closed as of Feb. Should i wait to file taxes (get tax refund)?
Alan's answer
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Answered on February 01, 2012
You should have listed the 2011 refund as an asset. If you anticipate a refund, you should immediately amend your schedules B and C to list the...
Archived
Can I file a motion for summary judgment without an attorney on a real estate developer that owes my mother money and won't pay?
Alan's answer
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Answered on February 01, 2012
Unless you are an attorney, you cannot represent your mother. If there is a potential for recovery, she should be able to afford a contingency...
Archived
Does my chapter 7 bankruptcy eliminate 1099 taxes on my former home?
Alan's answer
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Answered on February 01, 2012
Form 982 lets you address the two reasons you will not be taxed on this "income". Item 1(a) is a discharge of indebtedness in a title 11 case...
Archived
Motion to Dismiss or how to answer Admissions, etc.
Alan's answer
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Answered on February 01, 2012
If there were no assets administered in your bankruptcy, the debt will be considered discharged. (In re Madaj, is the 6th Circuit case that...
Archived
How do I find a good bankruptcy lawyer?
Alan's answer
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Answered on February 01, 2012
www.nacba.org has an attorney finder. It is the National Association of Consumer Bankruptcy Attorneys, and its members focus on individual...
Do I list the debt amount for both the creditor and the collections agency on Schedule F?
Alan's answer
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Answered on February 01, 2012
List them on schedule F as a "Notice Only" party associated with the primary debt and put the amount owed as $0.00. And make sure they are all on...
Archived
Bankruptcy-Please view all questions on my file
Alan's answer
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Answered on February 01, 2012
No one knows what other questions you may have asked. What is clear - you need an attorney! Nothing as complex as what you are trying to describe...
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