Archived
How simple or complicated is the following scenario when filing a chapter 7 bankruptcy? And how is the approval rate for such?
James's answer
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Answered on February 22, 2016
You describe a fairly typical C7 BK.
Consult BK counsel for thorough analysis, options, fee quote.
Archived
What can I do
James's answer
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Answered on February 22, 2016
You have right to redeem the toolbox for FMV.
If you cannot reach voluntary redemption agreement with Snap-On, your attorney may petition BK court...
Archived
Can I get an extension on paying my two late and my current payment for my chapter 13 until march 1, 2016?
James's answer
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Answered on February 22, 2016
Maybe. Best options include:
1. Catch up on C13 plan payments and remain current until plan completed.
2. Petition to modify and suspend plan...
Archived
Have outstanding unemployment debt from state of California is it possible to wipe debt out with a bankruptcy
James's answer
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Answered on February 22, 2016
Maybe. If UI is an overpayment and is not the result of fraud, it is dischargeable in BK.
Archived
Under these circumstances, can we sue or are we precluded by the stay from 5/13/14?
James's answer
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Answered on February 22, 2016
Debtors may include debts incurred after C13 was filed in the new C7 BK.
Stay protects debtors from all debts included in the converted C7 BK.
If...
Archived
Changing benificiaries in a irrevocable isursnce trust is so easy.
James's answer
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Answered on February 22, 2016
May be possible to change beneficiary of both ILIT and insurance policy.
If settlor retained limited power of appointment in the ILIT, the trust...
Archived
Do I as a parent have any rights to see an attorney on behalf of my daughter named as a minor beneficiary in a trust?
James's answer
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Answered on February 22, 2016
Yes. You may consult counsel on behalf of minor child beneficiary.
You have right to act as guardian ad litem to protect interest of your minor...
Archived
I have full custody of child, can my wife (Step-parent) get guardianship of my child too? Mother has no visitation rights.
James's answer
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Answered on February 22, 2016
Yes. Current W may petition to be appointed guardian.
Appointment of guardian will ensure continuity in event you die or become...
Archived
Can a civil lawsuit of a creditor against the debtor become property of the trustee if a proof of claim is filed?
James's answer
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Answered on February 21, 2016
No. You own the lawsuit.
Trustee "steps into shoes of" C7 debtor.
Archived
According to CCP673, its the Creditor who signs the assignment. since the creditor did not sign the assignment is it valid?
James's answer
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Answered on February 21, 2016
Attorney for corporate creditor may pursue collection and enforcement.
Disability benefits are exempt from execution. Timely file exemption with...
