A person on H1 visa intends to gift his property to his father in india DOES he have to pay any tax in US

Agreed post this in the tax area as this is not a bankruptcy question but a tax issue.

Looking for a divorce & bankruptcy lawyer

Agreed do a search versus putting a post on this forum for an attorney. Or do an internet search for attorneys in your area or call the local bar...

Question about court summons for debt collection.

If you don't appear they will get a default judgment against you. They don't throw you in jail for owing money as there is no debtors prison. If...

My case was dismissed this morning!!

This is a stale debt because of the statute of limitations. However, if the lawsuit was not dismissed with prejudice then they can refile the suit...

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If I am sending in monthly payments on a medical bill every month, can the hospital turn me to collections if I refuse to give

Agreed unless you have a payment plan in writing the creditor can turn over the debt to a collection agency if you don't cooperate with what they...

If you are liable on the loan or on the deed you have an interest in the property and you can file a Chapter 13 bankruptcy to cure the arrears on...

How long does a bank have to claim bad debt?

The 1099 C is when a creditor treats the debt as a total write off on their books and the IRS gets the notice from the creditor and treats that...

As a Fl. contractor can I file bankruptcy of my corp. and start another corp. with my license

This is a complicated question. 1) if you have a corporation then the corporation filing a Chapter 7 bankruptcy does not get a discharge and 2) you...

$5,600 Debt Collection for '09 Capital One account- Still within the statute of limitations? How best to proceed?

You can try to settle the debt with a lump sum settlement, or make payments on the debt. You can also file bankruptcy depending on your assets and...

Could they take my daughter's car due to my bankruptcy?

Do not transfer yourself off title to the vehicle as that is a fraudulent conveyance or transfer that must be listed in the Statement of Financial...