Archived
Can current(ongoing) year's capital loss be considered as assets (tax attributes) in chapter 7 and chapter 13 bankruptcy?
Michael's answer
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Answered on September 25, 2013
The short answer is that if it's valuable, the trustee will explore what can be done to get it and use his powers to realize money for himself and...
Archived
What types of bankrupt are there?
Michael's answer
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Answered on September 25, 2013
The two main types of consumer bankruptcy are Chapter 13 and Chapter 7. Both can get rid of debt you can't afford to pay, and may put you in better...
Archived
Is an "EEOC charge" (complaint/investigation) considered an asset on your bankruptcy? A charge is not a "legal claim" is it?
Michael's answer
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Answered on September 19, 2013
What you have sounds a potential asset. The bankruptcy judge and trustee would not be concerned with whether it's called a legal claim or an...
Archived
Does the "posting rule" apply in my late HOA fees?
Michael's answer
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Answered on September 19, 2013
What you have sounds pretty good for convincing the judge you sent it on time. Keep in mind they will get to put on their evidence as well, but I...
Archived
One of our tenants on the lease filed bankruptcy. Is the other responsible for the owed rent?
Michael's answer
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Answered on September 19, 2013
The changes Congress pushed through in 2005 make it easier for landlord's to get possession of rental units. For the money owed, however, the debt...
Archived
Deleware state bankruptcy chp 7 case .Can I dismiss my attorney & obtain another in the last stage of objection to discharge
Michael's answer
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Answered on September 05, 2013
The problem is you can't just go in and tell the judge your side of things. Your attorney has to prepare evidence that when stacked up against what...
Archived
Do I have to repay a business loan after I have been discharged from a Chapter 13 bankruptcy?
Michael's answer
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Answered on September 04, 2013
Your Chapter 13 plan should have spelled out the amount you had to pay to get the lien off of the 2 lots you own. If you completed the payments,...
Archived
How can i stop a debt collector from garnishing my wages. Or take the least amout out?
Michael's answer
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Answered on September 04, 2013
Creditors often give people payment arrangements just to wait and see if you miss a payment. Then they go for the maximum they can get by law so...
How do I collect judgment I won against a dissolved corporation for wages owed? Can I go after the CEO?
Michael's answer
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Answered on September 04, 2013
I think the first question to ask is if there is money to get if you are ultimately successful in pursuing the CEO. If so, then there are legal...
Archived
Am I out of line to ask for a consent to be served letter from Attorney's office of a debtor?
Michael's answer
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Answered on September 04, 2013
Sounds like one of those situations where you want to serve everybody from the original attorney to the sub-attorney to the debtor personally. You...
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