Are stocks and bonds lost when filing Chapter 7 Bankruptcy?

I agree that the most appropriate course of action would be to determine whether there is a valid fraud claim which would render the debt...

My mom and dad filed a chapter 7 bankruptcy almost 2 years go and have received their discharge.

The only way to get rid of the second mortgage would be to successfully complete a Chapter 13 bankruptcy. For this to work, the first mortgage must...

Home I am no longer responsible for $ wise as was in bankruptcy being forclosed-will I have to include this on my taxes?

I agree that your biggest tax issue upon foreclosure will be a potential capital gain. When you discharged your unsecured debts in bankruptcy, the...

We have been served a judgment, personally. Our business is a S Corp. Can they touch it?

Your personal liabilities and the liabilities of an S-Corporation are completely separate, and the general rule is that your creditor can seize...

You will list the student loan in Schedule F of your bankruptcy petition, but discharging it will be impossible unless you sue the creditor in an...

Can I do another bankruptcy?

You can file a Chapter 13 exactly four years after you filed your Chapter 7 and receive a discharge at the successful conclusion of your payment...

How to covert a s corp into sole proprietorship.

Dissolving the corporation has the potential to complicate your bankruptcy. The IRS would likely take the position that the dissolution was a...

Tax lien in chapter 7 bankruptcy. Confused: If taxes are old enough to be discharged, can the lien ever be "Avoided". No assets

Tax liens against real property survive a Chapter 7 bankruptcy to the extent that they are secured by equity in the property, even if the...

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If I were to open a bank account under my corporation name , would a creditor be able to freeze that account?

It is ill-advised to transfer money to an account in a corporation’s name in anticipation of a levy by a creditor. This would most likely be...

We filed chapter 7 in may of 2011. can we file chapter 13 to alleviate medical costs due to "no insurance"?

You may file a Chapter 13 bankruptcy exactly four years after the date on which you received your Chapter 7 discharge, and you will be fully...