How can I collect on a judgment from CA Labor Board that was in my favor when the LLC judgment debtor has filed bankruptcy?
James's answer
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Answered on January 19, 2015
Immediately file a Creditor's Claim in the BK case. You must file before statutory deadline. Unpaid wages are a priority debt.
If an asset case,...
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I filed for bankruptcy and I was being evicted. Now the case is on a STAY status.
James's answer
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Answered on January 19, 2015
Maybe. Depends on status of the eviction process.
If landlord obtained judgment before you filed BK, the eviction is not stayed.
If landlord has...
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Debt consolidator owes me money and agreed to it in writing with signature. She has stopped paying. What now?
James's answer
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Answered on January 16, 2015
Immediately contact the attorney debt consolidator and demand written accounting and proof of the alleged payoff.
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I am filling out Bankruptcy schedules. I have having difficulty with schedule F - CREDITORS HOLDING UNSECURED NONPRIORITY CLAIMS
James's answer
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Answered on January 16, 2015
Yes. You must provide accurate information for each creditor. You may list duplicate entries if names have changed, debt was sold, debt was...
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I filed a lawsuit against a business. I did not know the business was in Chapter 11 bankruptcy. Can I remove the judgment?
James's answer
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Answered on January 16, 2015
Yes. You can and must release the judgment. Filing the lawsuit was violation of BK automatic stay.
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Is discharge from BK7 automatically strip the 2nd lien in CA?
James's answer
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Answered on January 16, 2015
No. Lien stripping not possible in C7.
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Have 2 Trusts. Separated, if marriage is reconciled, should these two trusts be merged. Or maintain 2 Trusts?
James's answer
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Answered on January 15, 2015
Depends. Some factors to consider:
1. Differing motives.
2. Ease of administration.
3. Type(s) of property to be placed in the...
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Rabbi trust fees
James's answer
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Answered on January 15, 2015
Attorney fees and costs vary depending on many factors including, not limited to:
1. Complexity of estate.
2. Type of trusts to be created.
3. ...
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My brother lives in Arizona he is trustee to my late dad's trust and I am a beneficiary. I want to sue him for breach of trust.
James's answer
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Answered on January 15, 2015
Depends. Jurisdiction may be proper in either or both jurisdictions.
Important questions to consider:
1. Where was the trust being administered...
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Do Trustees have to reasonably account to beneficiaries upon request.
James's answer
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Answered on January 15, 2015
Yes. Trustee has duty to reasonable report to beneficiaries.
Review the trust. There may be a specific duty to account in the trust document...