How do I get a release of liability from a civil court judgement that was discharged in my chapter 7 bankruptcy (California)?
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Answered on January 07, 2011
If this is simply a judgment and not a lien against assets you owned on the date your bankruptcy case is filed, then someone (you don't say who)...
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Chapter 7 bankruptcy and state boe sales tax debt. Can i be rid of this in chapter 7?
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Answered on January 07, 2011
This is a treacherous area of law. Sales taxes can be discharged under certain circumstances. It depends in part on whether the tax is considered...
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On chapter 7 petition, what is the best way to describe my mom's car that is in my name. I don't want any trouble.
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Answered on January 06, 2011
If it's in your name, it's your car. Period. You list it on Schedule "B" as your vehicle with it's current fair market value, and list any debts...
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Chapter 7 bankruptcy. Listing property. Have educational IRA for my son. I am in California (using 703). Any special exemption?
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Answered on January 06, 2011
Is it an educational IRA, or a 529(b) account? I think you have to use the wildcard for either, but in the case of the latter, certain amounts...
In Chap 13, who is considered an insider with respect to preferential transfers?
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Answered on January 06, 2011
A friend with no further affiliation should not be considered an insider and, hence, subject to the 90-day lookback period.
Mark J. Markus,...
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In Chapter 7 means test. I have a sole proprietor business. Am making P&Ls to determine income. Medical Insurance an expense?
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Answered on January 06, 2011
Whether or not it is a "business expense" or not is something your accountant would need to determine (and, if necessary, testify on), but either...
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Filing Chapter 13, want to keep my business and lawyer says all I need is letter from CPA stating value of business-is this all?
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Answered on January 05, 2011
This can vary from district to district, so you really need to either rely on your lawyer or find another one you trust. A CPA can put together a...
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I have filed a chapter 13 bankruptcy with the aid of an attorney. I am not happy with the current representation I am receiving.
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Answered on January 05, 2011
Some courts do require their approval for a substitution of attorney, but most will allow it by the simple filing of the substitution of attorney...
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I have garnishments from consumer unsecured loans (credit cards)
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Answered on January 05, 2011
A garnishment is not a debt; it is a remedy (i.e. a mechanism) for collecting on a debt. As the other responses point out, unsecured credit card...
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Should I file for chapter 7 and what is the possibility of purchasing a home after?
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Answered on January 04, 2011
Whether or not you should file a bankruptcy case can only be determined after having a comprehensive consultation with a bankruptcy attorney in...