Archived
My ex-wife paid off a credit card debt of mine, without my knowledge. Am I legally obligated to repay her? From Kansas
Knute's answer
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Answered on August 23, 2012
I agree with Mr. Corbin. You can either cover this up front or let her haul you into divorce court to modify the decree where she'll tell all this...
Archived
I won a court judgment. I levied some non-exempt personal property. Debtor attorney threatened to sue me for conversion.
Knute's answer
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Answered on August 23, 2012
Mr. Wagman and Mr. Stumpf are correct. The lienholder, if its interest is properly filed ("perfected"), is in front of you for payment, so if the...
Archived
Use of same business name after going out of business?
Knute's answer
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Answered on August 23, 2012
I think it's time to move on from the old name. How much brand loyalty could it generate, given that it's been out of business for awhile? ...
Archived
We went through bankruptcy 2 years ago and surrendered our house. The mortagage company even now will not foreclose on the house
Knute's answer
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Answered on August 23, 2012
I agree with both Mr. Walton and Mr. Corbin and add that in some jurisdictions, you would actually have to file a quiet title action to clear the...
Archived
I lost over 100 thousand in two futures contracts in a company that went bankrupt, broker was john doe LLC do I need a lawyer ?
Knute's answer
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Answered on August 23, 2012
This may be a futures fraud case, which frankly are about as common as dirt here in Utah. You should contact the CFTC at the link I'm providing.
Archived
Last year my husband & I filed for bankruptcy, which left our son paying on a business loan all 3 of us took out. The property
Knute's answer
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Answered on August 23, 2012
I agree with Mr. Walton and Mr. Stumpf. Additionally, I think you all need to sit down and ask yourselves whether, if the business isn't covering...
Archived
If I file bankruptcy chapter 13 to stop a state tax sale on commercial property, will i be able to keep the commercial property
Knute's answer
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Answered on August 23, 2012
You will have to make the payments going forward, or the lender can foreclose. Also, you will have to make up the arrearage over the life of your...
Archived
Credit card judgments
Knute's answer
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Answered on August 23, 2012
I agree with both Mr. Nachbar and Mr. Stumpf and add that, even if the statute of limitations has run, you could still be summoned into court and...
Archived
Can I go to jail for a judgment and my bank account wash frozen in Houston Texas
Knute's answer
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Answered on August 23, 2012
The cases you read about in the papers that talk about going to jail for debt are actually referring to cases where a debtor has failed to show up...
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Archived
I have a jury verdict that needs the judge to enter final judgement. However the company filed chapter 11 and reorganized.
Knute's answer
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Answered on August 23, 2012
I agree with both Mr. King and Mr. Corbin and want to emphasize that the reorganization plan controls this. If the assumption of your judgment...
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