Archived
I am in business, but will file for chapter 7 bankruptcy soon. Is it fraud to keep receiving goods for sale by vendors?
Leon's answer
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Answered on January 08, 2015
I think you are really asking if it is OK to receive and sell goods that you won't ever pay for? If so, that is as good a definition of fraud as it...
Archived
Chapter 13 Bankruptcy
Leon's answer
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Answered on January 08, 2015
Your co signer is fully liable for all sums remaining owed under the original contract.
What can you do when a Lienholder never picked up a vehicle included in a CH 13 BK that was discharged.
Leon's answer
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Answered on January 08, 2015
The car will disappear if it is left parked in a place where it will be towed.
Archived
Need to file bankruptcy and have question about real property
Leon's answer
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Answered on January 08, 2015
Even though you are married, the house is not necessarily community property. I'm wondering if the home was purchased PRIOR to marriage? This is...
Archived
Credit Card Debt Question
Leon's answer
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Answered on January 07, 2015
My, oh my!
You wrote, " I don't see a reason for her hiring an attorney considering that she has no assets in her name, so there's nothing...
Archived
I am considering a Ch 13 bankruptcy but it sounds like it will be a hassle to do stuff without notifiying the court.
Leon's answer
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Answered on January 07, 2015
There is a certain amount of inconvenience that comes with the territory in a Chapter 13 case. Don't file a Chapter 13 if those things outweigh the...
Archived
I live in ca. My spouse is on mortgage and I am on deed. Can my creditors put a lien against property?
Leon's answer
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Answered on January 06, 2015
Any creditor obtaining a lien against you may lien your interest in the property.
Archived
If I write to a collection agency will that restart the statute of limitations?
Leon's answer
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Answered on January 06, 2015
You might restart the statute by saying words to this effect, "I know I owe the money but I just want more info..." So, be careful to say nothing...
Archived
Is debt from State Board of equalisation dischargeable in a chapter 7 BK?.
Leon's answer
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Answered on January 06, 2015
Taxes owed to the SBOE are sales taxes that were collected in trust for the State. Such taxes are not dischargeable in bankruptcy. It has nothing...
Archived
I received payment on scheduled payment note.Debtor filed bankruptcy later.Can the trust take money from me? If so how?
Leon's answer
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Answered on January 06, 2015
One of the important goals of bankruptcy is to equalize the treatment that a debtor gives to creditors. You got paid, and obviously other creditors...
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