Is new business owner responsible for a judgement against the previous owner?
The company is liable for the debt, not its owners. If the company dissolved and reincorporated under a (slightly) different name under the new...
Birch Run, MI
Bankruptcy and debt Lawyer at Birch Run, MI
Practice Areas: Bankruptcy & Debt, Real Estate, General Practice
The company is liable for the debt, not its owners. If the company dissolved and reincorporated under a (slightly) different name under the new...
When I pull reports, I need to provide your current address. I do not need to provide phone and e-mail information. I suppose if you recently...
Since student loans are not dischargeable in bankruptcy, the settlement sounds reasonable. Keep in mind that you will receive a 1099c for the...
Generally, after a judgment, the creditor can garnish the debtor's bank account or wages by serving the bank or employer. The bank or employer...
Don't do anything until you talk to a bankruptcy attorney in RI. Giving a way assets prior to a bankruptcy creates major problems. There is not...
Probably an adversary proceeding in the chapter 7 case.
It is not exempt unless you amend your bankruptcy to claim the exemption. Of course not listing a known assets creates other problems. If the...
You need to go to the court that issued the garnishment and look at the file to see what is going on. Your credit history is meaningless. It...
The longest statute of limitations that I am aware of is 6 years, so you may be in the clear if there was no activity since 2007. BUT, as Mr....
This is very district specific. In some places an unanswered default is considered an admission on your part. In others, if the court never heard...