Summons & Bankruptcy

Your answer should be due on November 16. Filing bankruptcy will stop the lawsuit, so you will not respond to the summons after filing bankruptcy....

Business can't afford secured loan payments. Bankruptcy and reemerge as another company or Chapter 11 BK?

I agree with the others that you will need to consult with an attorney to get a complete answer to your question. Chapter 11 will allow you to...

I'm in the state of Arizona, and am considering bankruptcy. If i were to file, how would it impact my ability to say buy a home,

A bankruptcy will definitely have a negative impact on your credit score, but of you are unable to pay your debts, bankruptcy may help your credit...

Yes, a 501(c)3 non-profit can file bankruptcy. Whether you are liable for any of the debt will depend upon the same factors that would apply with...

I am in chapter 7 bankruptcy, if I turn my house over to the court, how long must I wait before buying another home?

You won't actually turn the house over to the court, but to the bank who holds the mortgage. You can do this either by letting the foreclosure go...

I charged airline tickets on my credit card, however I had to default the following month due to overwhelming credit card debt.

I do not believe that the credit card company would be able to reverse the charge for the airline ticket. However, if you have determined that you...