Does bankrupcy protect my house, wages and retirement from civil suit, do I wait for judgement to file BK?

It's hard to tell what needs to be done. If you're ok with closing up shop, then close up shop, wind down the business. Then consider whether a...

I am in a chapter 11 bankruptcy, can I open up an ira account?

Are you sure you are in a Chapter 11 and not a Chapter 13? I can't imagine why you would be here talking with us if you worked closely with your...

What are the most common legal liability fears of a bankruptcy trustee?

Common things trustees are scared of: 1. Good lawyer that you're willing to bankroll. If a good lawyer a case (meaning the lawyer think the...

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Want to refiance my home that I have been in for 16 years. I am in the last year of my chapter 11. Can I refiance?

Is this really a Chapter 11? If so, there is absolutely nothing preventing you from doing a refinance because most Plans are written in such a way...

Can I take legal action against investors invovlved in a LLC if the majority owner is going to file bankruptcy or chapter 11?

I would get together with your fellow coworkers to hire an attorney. There is absolutely no reason you don't get paid for the work you're doing...

Split Rock lodge is a DIP..(Ch11) What can potentially happen to the deeded timeshare that I own?

You should definitely get counsel. Who knows, maybe you can end up owning your timeshare outright with some cash infusion? The whole game...

Chapter 11: Are un-reimbursed expenses treated differently than unpaid services when a client goes bankrupt

In general, expenses vs services don't matter as far as priority or secured status goes. But, depending on the nature of your business, and the way...

Can a refile stop foreclosure in chapter 11

Filing for bankruptcy can stop a foreclosure. In particular, if you owe only 7 million but your land is worth 13 million, that is extremely...

Can a bankruptcy stay in civil lawsuit against a doctor for malpractice?

You have a lawyer, the lawyer needs to take care of this for you. If you don't have a lawyer.. don't expect to win!

As a secured creditor, once my claim has been paid, can I withdraw from the proceeding so I stop getting notices?

I'd say the effort to get off of everyone's list is more troublesome than just throwing those papers away. I'd also say that you should keep an...