Archived
I filed Chapter 13.I have an IRA..which I know is exempt. I want to take out a large sum of money, can I? I am 62 yrs old.
Michael's answer
|
Answered on October 10, 2011
It depends on the amount and reason for the withdrawal. First, you'll be hit with taxes and penalties equaling about 40% of the amount taken out...
Archived
What are rights when spouse is having affair
Michael's answer
|
Answered on October 06, 2011
GA is a hybrid state - you can seek a divorce without any justification whatsoever (a no-fault divorce), or you can claim a fault-based divorced. ...
Archived
Joint bank account in a debt collection situation in MI
Michael's answer
|
Answered on October 06, 2011
Yes, it will cause a problem, depending on the amount and whether she can prove it is actually YOUR money. You are each 100% entitled to the...
Can debt collectors take retirement funds when funds are taken out of retirement account early?
Michael's answer
|
Answered on October 06, 2011
If all you do is transfer the assets to the Roth IRA, then the creditor cannot take it - it is an exempt retirement account. If, however, you take...
Archived
Can Bk protect me if a lawsuit filed after I complete Bk?
Michael's answer
|
Answered on October 06, 2011
Why wouldn't the people who are thinking of suing you be listed as potential creditors in your bankrptcy. Presumably, the action(s) giving rise to...
Archived
My coop apartment had a scheduled foreclosure and I needed to apply for bankruptcy chapter 13 to stop a foreclosure
Michael's answer
|
Answered on October 06, 2011
I agree. Most likely, you are in a 100% repayment situation because either (a) you have a substantial monthly income or (b) there is a lot of...
Archived
Can a checkcashing place press charges against you for non payment?
Michael's answer
|
Answered on October 06, 2011
It depends entirely on whether or not your state (SC) has a law criminalizing bad checks. Most states do. They could, however, simply be trying...
Archived
I married a guy from lithuania. he got deported about 2 years ago and now he wont send me his adress for divorce papers.
Michael's answer
|
Answered on October 05, 2011
Since you cannot ascertain your husband's location, ask the court for permission to serve him via publication in a local newspaper. Then obtain a...
Archived
Excessive Attorney Fees for Divorce
Michael's answer
|
Answered on October 05, 2011
What is "customary" in your market is irrelevant. If you signed a fee agreement requiring you to pay a certain amount, then you are liable to pay...
Archived
If a married couple jointly sign a mortgage/business/personal loan (s) then divorce, do both names remain on the loan(s),
Michael's answer
|
Answered on October 05, 2011
Yes, you are BOTH still 100% liable for the debts, regardless of the deed or the divorce decree.
Ad
Transform legal challenges into solutions.
Connect now to review your situation.
The Avvo Rating explained
The Avvo Rating explained