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Signed bank-loan guarantee for startup. Got laid off from LLC . Business closed and didn't pay loans. Should I file bankruptcy?
Daniel's answer
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Answered on October 26, 2013
It is important that you consult with an experienced bankruptcy attorney. I see many people who have invested in a business, and guaranteed loans,...
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Re-filing Chapter 13
Daniel's answer
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Answered on October 26, 2013
First off- it is very important that you have a lawyer who returns phone calls and emails promptly; by promptly, I'd say that within 1 business day...
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How do I find a lawyer i can trust and who will work with me on fees?
Daniel's answer
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Answered on October 20, 2013
It is hard for people to know which lawyer is best for them until they meet with a few attorneys. It is important that you first find an attorney...
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Property foreclosed?
Daniel's answer
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Answered on October 17, 2013
She should not believe anything from a random phone call. She can review her county recorder's office to see if anything has been filed. Or, she...
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Am i liable for a home i gave up in bankruptcy?
Daniel's answer
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Answered on October 17, 2013
The answer is it depends on whether the bank has legally become the owner of the property. They would have to complete the foreclosure process, and...
Can i refinance my car loan RIGHT BEFORE i file for a Chapter 7 BK to get a better % and shorter loan terms?
Daniel's answer
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Answered on October 13, 2013
There are a few issues that you need to discuss with a bankruptcy attorney before trying to refinance your car loan. You need to review whether a...
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Chapter 7 bankruptcy and taxes
Daniel's answer
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Answered on October 13, 2013
If you are asking whether you have to pay income taxes on debt being discharged in bankruptcy, the answer is generally no. But, your situation is...
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How common are deficiency judgements on primary residences in Cook county illinois?
Daniel's answer
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Answered on October 06, 2013
In Illinois, the lender has the right to pursue a deficiency judgment. Some lenders have been pursuing them. It is impossible to predict if your...
Archived
Can they repossess my car without lifting the stay in my Chapter 13?
Daniel's answer
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Answered on October 02, 2013
No, a car finance company cannot repossess a car without first filing a motion to lift the stay in a Chapter 13 case. However, before trying to...
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Could I declare money owed to attorney for divorce in bankruptcy/
Daniel's answer
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Answered on October 02, 2013
If it is for your attorney, generally yes, you can discharge it in bankruptcy. However, there are exceptions, for example, if the fees were...
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