Have aged credit card debts, no judgments, selling property

I agree with those who posted above me, each of the points you talk about has issues, and not only are you possibly putting yourself into a worse...

The Sheriff is required to hold the funds for a certain amount of time (21 days) before releasing it to the creditor. Once he releases it to the...

Do you need to protect any more than current equity for a margin of safety in a Ch 7 bk?

Your course of action depends greatly on your comfort level... I'd imagine you at least started by using one of the on-line services such as...

Just rec'd a bankruptcy advertisement saying it can eliminate my home equity line of credit for $1k. Is this lawyer talking ch.7

Well, let's just say this ad might be a bit simplistic... As was already mentioned, you can only strip the lien on a HELOC in a Chapter 13, and...

Need help figuring out whether to fight credit card lawsuit or file for bankruptcy

First, let's start off with a basic. How are you going to fight the credit card lawsuit? Unless there is something I'm not aware of, you're going...

Are simple IRAS and 401KS subject to liquidation in chapter 7 or 13 bankruptcy in California?

They will be exempt under either California exemption scheme, which is to say under California CCP Section 703 or 704. Specifically, the code...

Selected as the best answer

A writ of execution is stayed by the bankruptcy, and assuming one receives their discharge in the bankruptcy, enforcing that writ is permanently...

If I own an S-Corp with a personal guarrantee can I just file for personal chap 7?

As others have stated, it is unlikely you'd need to file a corporate bk for the business as well. The fact of the matter is, most if not all of...

Selected as the best answer

Do I qualify for chapter 7 bankruptcy?

It would appear on the face of it that you would qualify for Chapter 7; however, as I believe was pointed out, if your wife is also earning money,...

Once a judgment is filed - what are options on getting it removed so doesn't effect credit. - see details. THANKS

Well, as one of the other attorneys above me mentioned, you MIGHT be able to set aside the judgment, but that will require a motion to be filed and...