Can the majority shareholders of a bankrupt company revoke the S Corp status during the bankruptcy with a Trustee appointed

This is a very complex question. You're asking the right questions but you need a good attorney to help you. I would not feel comfortable saying...

If I have a signed 2nd Deed of Trust and Note as the Lender (privately held) and the Borrower is in Default as of May 12th 2007

The part of your question which worries me the most is where you say, "can I lien the home?" A deed of trust is worthless if it has not been...

Is it possible to get rid of student loan debt through Chapter 7? I've read that it's possible, but difficult.

I would double check the Income Based Repayment (IBR) you've alluded to. I can't imagine a scenario where IBR will show that you have a lot of...

Chapter 11,13,or7

Any of the bankruptcy options you've asked about will stop collection activities. 1. Which chapter is appropriate for you? 2. Is bankruptcy even...

At some point, if you're not "accidentally" paid sooner, you will need to file a proof of claim. If things are done correctly, you should not be...

I am trying to avoid judicial estoppel in my main litigation case after file Ch 7 and the defendant is under Ch 11 themselves.

I think this is too complicated of a question for Avvo. You also may be making admissions and or saying things here that can be used against you....

I financed a small business sell with the business assets as security on the loan. The buyer has now failed to pay as agreed.

The sale documents control a lot of your rights. Without taking a look at those and knowing other facts, it's really hard to tell what your rights...

What is the Min amount of disposable required for chapter 13 bankruptcy ?

The least you can pay your creditors in a Chapter 13 is 0%. The determination of what you must pay depends both on your disposable income as...

In a chapter 11 bankruptcy how are claims involving barter or foreign currency handled where the US dollar value is variable?

I don't think the law is completely settled on this issue. If there are liens involved it is even more complicated but in general claims are fixed...

Can a two bankruptcy cases under joint administration later be substantively consolidated?

Depending on the facts and circumstances, substantive consolidation can heavily favor either the Debtor or the creditors. Whichever side you're on,...