If my Wife I married in September 2024 files chapter 7 bankruptcy , do I need to worry about my assets being taken?
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Answered on November 23, 2024
Property acquired by either spouse before marriage is the acquiring spouses separate property. Generally speaking, property acquired during...
File for Bankruptcy?
David's answer
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Answered on July 05, 2022
Bankruptcy may be a great option for you under the circumstances. But there are many things to consider in deciding whether or not to file. Feel...
Ive filed for Bankruptcy chapter 7 Back in 2017 My car was hit 03/2021 when parked
David's answer
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Answered on March 22, 2021
I agree with attorney Tokarska's response. Your personally liability on the loan was discharged unless you reaffirmed the loan. Either way the...
File for Bankruptcy in California
David's answer
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Answered on November 07, 2020
Since you're a sole proprietorship, you are the business. In bankruptcy one of the key issues is how much your assets are worth, and how much of...
Can Afni suspend your license if you are paying them?
David's answer
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Answered on March 11, 2020
You typically have to present proof to the DMV that you were insured at the time of the accident. Failing to do that your license will be...
Archived
Can I file bankruptcy for Property Taxes?
David's answer
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Answered on December 24, 2019
Property taxes are an in rem liability, meaning the property is liable, not you personally. The county can sell the property to collect the tax. ...
Archived
Can a person file for bankrupt to save a home at 1245 and find out the home was still sold?
David's answer
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Answered on December 06, 2019
Actions taken in violation of the automatic bankruptcy stay, like a foreclosure sale, are void. If you believe the foreclosure sale was in...
If I purchase a home without court approval is there a negative impact to my chapter 13 getting dismissed?
David's answer
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Answered on November 05, 2019
Why not wait to purchase until your case is discharged and closed, or get court approval? The approval process should be quick and easy if you’ve...
Archived
Do I need to file BOTH CH7 for business AND personal?
David's answer
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Answered on November 03, 2019
It probably isn’t necessary for the LLC to file bankruptcy. Doing so may just create problems for you, the member/manager. If the LLC is no...
Starting an LLC. One of the members has a lien against him due to an accident. Might file bankruptcy. Will the LLC be affected?
David's answer
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Answered on July 23, 2019
His interest in the LLC will be property of the bankruptcy estate. The bankruptcy trustee will step into his shoes and will have and can exercise...
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