Bunkruptcy

I recently published an article on this subject, and the link is below. It should answer your question on not only a legal, but a practical level.

Will my filing chapter 13 cause negative effects with my LLC?

If you file for bankruptcy then you will need to disclose your ownership interest in the LLC; whether the bankruptcy trustee takes control of the...

I agree with Jeena's response, but add one thing - the fact that your husband didn't list the laptop as an asset may be a problem. Under the...

I filed for a chapter 13 but two months later the judge converted me to a chapter 7. I have been discharged from the chapter 7.

You are not barred from filing for Chapter 13 bankruptcy after a Chapter 7 discharge, though your ability to obtain a discharge in Chapter 13 is...

I filed my Chapter 7 one week ago. I have a business associate wanting to buy the paper. Can he buy it from the Mortgage holder.

There is no guarantee that the court will allow a Chapter 7 to be voluntarily dismissed. If someone wants to buy the mortgage they will need to...

Can I just walk from my home after Chapter 7? Will it affect my credit any more than the bankruptcy did? What about the 2nd Mor

The failure to pay the first mortgage will result in no negative impact to you; in fact, filing for bankruptcy discharges that obligation (though...

Hi. I am a 1st year student receiving financial aid. I need to file ch.7. will it affect my ability to receive fin.aid pell?

Pell grant eligibility is not contingent on your credit score, so it is unlikely that filing for bankruptcy will impact your ability to obtain a...

Can a law frim acting as a collection agency contact an emplyee's place of employment and have them fired do to a collection

A collection agency or law firm debt collector can call a third party to determine a debtor's whereabouts and obtain contact information, but...

Is it legal to be sued by a collection agency that stopped taking automatic debit payments without contacting you first?

Someone can claim you owe them money, but that doesn't make it so. You should immediately answer the complaint in court, provide proof of payment,...

When they turn it over to collections, you can dispute the debt in writing. However, this sounds as if it may not be a consumer debt (i.e., for...