I am the owner of a Corporation S - a trucking company with two trucks worth about 20,000.00 each. If I file for bankruptcy
Matthew's answer
|
Answered on February 27, 2013
Yes, the company and its assets are at risk.
However, to know specifically what will happens depends on the specific circumstances and would...
Archived
If a collection agency has violated the fdcpa and is on all 3 bureaus who all do i sue and how much can i sue for ?
Matthew's answer
|
Answered on February 27, 2013
As stated, until you first initiate the FCRA dispute process and re-investigation process, you have no mature claim upon which to sue.
Archived
Is a deed in lieu a good option?
Matthew's answer
|
Answered on February 27, 2013
A DiL is not a bad option. Most banks actually reject DiL's. Generally, there is no inherent benefit to a DiL except that it gets the property out...
Archived
Contract on Short Sale, 1st accepted, but now there's a 2nd
Matthew's answer
|
Answered on February 27, 2013
Only about 10% of short sales every actually make it to closing. Most of the time it has to do with a 2nd mortgage not playing ball or excessive...
Archived
What are my rights on a loan that is "Charged off"
Matthew's answer
|
Answered on February 27, 2013
As stated, charge means absolutely nothing vis-a-vis your rights. You still owe the debt; you will owe it to someone else.
Sorry.
Archived
IN GENERAL IS IT DIFFICULT FOR AN UNSECURED CREDITOR IN A CHAPTER 11 TO GET THE AUTO STAY LIFTED.
Matthew's answer
|
Answered on February 27, 2013
Unless you oppose the motion, the court will lift it. (Unless the filing party's motion lacks total merit, which is unlikely).
Archived
How can I file a Bankruptcy from Canada?
Matthew's answer
|
Answered on February 27, 2013
As stated, you need to see a Canadian insolvency attorney.
Archived
Moving overseas, can they freeze a foreign bank /brokerage account ?
Matthew's answer
|
Answered on February 27, 2013
Possibly, depends if the foreign country has a treaty with the U.S. to recognize judgments. However, it would be rare for a "run-of-the-mill"...
Archived
How can I get my paid student loans removed from my credit reports? Can I repair my credit score?
Matthew's answer
|
Answered on February 27, 2013
True and accurate information can be reported on your credit report. Technically, a valid way to remove true and accurate information is not...
Can I get a series 7 license if I have horrible credit
Matthew's answer
|
Answered on February 27, 2013
I don't have an exact answer for you, but the issue is not so much getting the license; you should be able to "get" the license. The issue will be...
Ad
Transform legal challenges into solutions.
Connect now to review your situation.
The Avvo Rating explained
The Avvo Rating explained