Archived
Chapter 7. Heard sole prop biz sometimes gets shut down. I have an LLC and am filing for myself Personally. Any chance shut down
Michael's answer
|
Answered on February 10, 2012
You've heard wrong. The trustee certainly can shut down your business, whether it's a sole prop., LLC, or a S-Corp. The problem is that, under...
Archived
What is the best way to handle debt when unemployed?
Michael's answer
|
Answered on February 10, 2012
Since you are currently unemployed, you're essentially judgment proof. That doesn't mean you're lawsuit proof. They can, and have every right, to...
Archived
Can a collection attorney sue me for unpaid medical bills if the hospital shows the debt has been written off ?
Michael's answer
|
Answered on February 10, 2012
Yes. They can sue you. "Writing off" a debt is irrelevant to whether you can be sued - it simply means that they aren't keeping it as a current...
Adding my name to the deed of the house before filing bankruptcy
Michael's answer
|
Answered on February 10, 2012
Since you are thinking there is little-to-no equity in your home, then the practical implications of adding your name to the title are few. You...
Archived
My ex-husband has not paid any debt's that were agreed upon in the divorce decree. What is my next step to force him to pay?
Michael's answer
|
Answered on February 10, 2012
You have 2 problems. First, if these were joint debts, then you are still on the hook for what is owed. Just because you obtained a divorce...
Archived
Is it cost prohibitive to arrest documented vessel at onset of fed case to help recover payment of $15K owed for necessaries.
Michael's answer
|
Answered on February 10, 2012
Yes, costs associated with seizure of an asset are usually compensable and allowed to be recovered upon approval by a court. But, still, I would...
Archived
Can I domesticate a sister state Nevada judgment in California if judgment has been appealed? The debtor has not posted a bond,
Michael's answer
|
Answered on February 10, 2012
This was answered previously - duplicate posting.
Archived
Filing chapter 7. Own 1/2 of paid off vacation property out of state. If my 1/2 worth 30k & I can exempt only 20k. Likely result
Michael's answer
|
Answered on February 10, 2012
The trustee becomes the owner of your 1/2 interest in the property (I'm assuming this ownership interest is legitimate - it's on the deed and...
Archived
I have a collateral loan that was charged off without reposession. the loan was assigned to a 3rd. party
Michael's answer
|
Answered on February 10, 2012
Yes. Since you pledged the boat as collateral, they can certainly repo it if they wish to - the original creditor obviously didn't want to. Since...
Archived
What should i do if someone is trying to put a mech lien on my house for a bogus overcharge?
Michael's answer
|
Answered on February 10, 2012
The contractor can easily put a mechanic's lien on your property if you don't pay the bill. The only way to challenge it is to sue the contractor...
Ad
Transform legal challenges into solutions.
Connect now to review your situation.
The Avvo Rating explained
The Avvo Rating explained