Archived
If I short sell my home after filing a Chapter 13 bankruptcy do I avoid tax liabilities for the deficiency?
Marc's answer
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Answered on April 17, 2012
Agreed that you need court permission to sell any property when you file a Chapter 13. Legally you are insolvent by filing a bankruptcy so likely...
Archived
Newly seperated, personal debt, need banruptcy.
Marc's answer
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Answered on April 17, 2012
Bankruptcy cost depends on the situation and type of Chapter a person files for. Cost should not be the primary determining factor in choosing...
Archived
Can Sally May have my RN license revoked in NYC?
Marc's answer
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Answered on April 16, 2012
The creditor can only garnish wages if they get a judgment against you.
Archived
I just found out that i am being served a judgemtnt on a payday loan in arkansas in 2005. what can i do
Marc's answer
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Answered on April 16, 2012
You should look up the statute of limitations for a breach of a written contract in the state of Arkansas if that is where the loan was taken out...
Archived
Can a private university demand payment without prior notification of an alleged 11yr old educational debt?
Marc's answer
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Answered on April 16, 2012
Every state has a statute of limitations on certain types of debts. This debt is likely a breach of contract, that being said however, a breach...
Archived
I was convicted of a crime and my court costs are 1,500, it was reduced to a civil judgment but they are still trying to collect
Marc's answer
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Answered on April 16, 2012
There is no thing such as debtors prison. However, if you owe court costs the court may bring you into court at some point to find out why the...
Archived
Co-Signed a Sallie Mae Signature STudent Loan in 5/08 in which the amount of loan had been change. Is this a legal?
Marc's answer
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Answered on April 16, 2012
If the amount was an error in the contract (i.e. the consideration the money lent was actually the amount they are trying to get you to sign for...
Archived
Llc disolve in chapter 7 personal bk
Marc's answer
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Answered on April 16, 2012
You need to speak with a bankruptcy attorney. Filing a bankruptcy with a business is rather complicated and there is not enough information to...
Archived
Can I sue a bank
Marc's answer
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Answered on April 16, 2012
The bank likely has a judgment against you. It is very unclear from the facts if you have a right to sue the bank for anything. It appears that...
Archived
I am being sued by a creditor for a debt back in 2006. Is there a statute of limitations for suing me 6 years later.
Marc's answer
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Answered on April 16, 2012
Likely the statute you cite is not the relevant one. The collection of your debt is likely based upon a written contract (and lawsuit) and breach...
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