Archived
What actions can/should I take if a joint tenant were to stop paying her half of the mortgage on our condo?
Joseph's answer
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Answered on January 06, 2010
You need to do a mortgage modification.
Archived
Had a business, folded, companies trying to get money.
Joseph's answer
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Answered on December 30, 2009
Depending on a number of factors, a personal bankruptcy would relieve you of all personal liability.
Archived
One person lives in the house mortgage free. I want to rent it
Joseph's answer
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Answered on December 28, 2009
If it is an Illinois land trust, no.
Archived
Where would you come up with a price on a house left in trust if one person wants to be bought out
Joseph's answer
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Answered on December 28, 2009
Be careful, if its in an Illinois land trust you may not be able to do anything.
Archived
My husband and i have three kids. my ex-boyfriend wants a paterinty test his mother used to be their caregiver.
Joseph's answer
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Answered on December 28, 2009
Short answer is yes. Your ex boyfriend can file a petition to establish paternity.
Archived
Can one spouse file for bankruptcy
Joseph's answer
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Answered on December 20, 2009
HI: my office is in Oak Brook and our office offers free consultations.
You can file Bankruptcy on your own and it will not affect your...
Archived
If a judgement is entered against me, does it affect my current credit and will it affect any future inheritance?
Joseph's answer
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Answered on December 11, 2009
If its more than 10 years, you have a statute of limitations defense. Also, many debt collectors cannot prove the debt. It is worth trying the case.
Archived
Bankruptcy
Joseph's answer
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Answered on December 10, 2009
In Illinois an individual has a $4000.00 catch-all exemption. So , in theory a married couple can have $8000.00 in a bank account.
IRA 401(k)...
Archived
Will filing bankruptcy on an s corp free me from all the creditors for the corp?
Joseph's answer
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Answered on December 10, 2009
If you have personal liability on corporate debt (ie personal guarantee) it will not. Otherwise it will. If the corporation has no assets, you...
Archived
Do I file bankruptcy before or after my car is surrendered to the finance company?
Joseph's answer
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Answered on December 09, 2009
It does not make a difference. You can keep the car longer if you file first.
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