Archived
I started a business in 1961, my son took it over in 2006, it is on the verge of bankruptcy, how do I protect my assets?
Matthew's answer
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Answered on December 17, 2013
Based on what you described, you would simply be a creditor of the business. So, you would have the same say as any other creditor (virtually nil)....
Archived
How do you appeal a judge's decision?
Matthew's answer
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Answered on December 17, 2013
You file a Notice of Appeal. But you better act fast, you only have 14 days to do so from the date the order was entered. (Bankruptcy Rule of...
Archived
Need advise BOE levied my account and levy is under my husbands name from before we were married.
Matthew's answer
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Answered on December 17, 2013
The burden of proof is on you to prove the money is not yours. As for evidence, about all you can do get sworn affidavits from the various...
Archived
What should i do? My wages are being garnished. It was a default judgment because i was not present at the court hearing.
Matthew's answer
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Answered on December 17, 2013
Your question gets asked a lot here on AVVO so I wrote an AVVO guide about how to get started on dealing with your situation. See the link below.
Archived
Bank of America sold the loan to a mortgage debt collector after sending me the 1099 A form. What can I do?
Matthew's answer
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Answered on December 17, 2013
1099-A is not a cancellation of debt. You are thinking of a 1099-C. If you care, you can look up the difference on the IRS website. But a 1099-A is...
Selected as the best answer
Archived
I can't pay off student loans because my Women's Studies degree is useless. Do I qualify for Chapter 7 or undue burden?
Matthew's answer
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Answered on December 16, 2013
The fact that your degree is useless is only a marginal factor, at best, in determining whether you can discharge student loan debt in bankruptcy....
In the state of Maryland are unlisted debts still discharged in a Chapter 7 no assets case?
Matthew's answer
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Answered on December 16, 2013
Yes (and the answer has nothing to do with being in Maryland). The practical problem is that you are dealing with a pay day loan. They can be a...
CH7 - Do I Have to List Non-Filing Spouse Assets on Schedule B If I Have No Partial Ownership?
Matthew's answer
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Answered on December 16, 2013
It depends. Here is the problem. The conclusion about whether you have, or don't have, a partial ownership interest is a "legal" conclusion. Odds...
Archived
Married/Filing Single BK CH 7 - Can I Use Tenancy by the Entirety in FL for Personal Items Exemption Bought During Marriage?
Matthew's answer
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Answered on December 16, 2013
No.
Tenancy by the entirety only applies to real estate, and is only allowed in certain states and must be specifically stated in a deed.
Archived
How do I get rid of my house and avoid foreclosure after bankruptcy?
Matthew's answer
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Answered on December 16, 2013
There is no way to force the bank to take the house. There are only 3 ways to turn over a piece of real property.
1. Sell it (or short sell...
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