Archived
If I take a loan on 401 K to pay for Bankruptcy can they take that because they garnish my wages as well?
Jeffrey's answer
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Answered on April 13, 2010
You should be able to take a 401k loan out and have the money go to you instead of being garnished. If you owe money to the government, that debt...
Archived
Getting married and dont want to take on her credit and dept. What should I do?
Jeffrey's answer
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Answered on April 09, 2010
How about the obvious solution......Get a prenuptial agreement keeping your property as your separate property and her property her separate...
Archived
I have title of property thru divorce. Ex-spouse still on 2 mortgages. Mortgages in Ch. 7 Bankruptcy. Title reverts to ex?
Jeffrey's answer
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Answered on April 05, 2010
If you are in bankruptcy and receive a discharge then the mortgages are your ex husbands responsibility, generally speaking....there are instances...
Archived
Can i file personal bankruptcy and LLC bankruptcy at different times in a 2 year period.
Jeffrey's answer
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Answered on March 30, 2010
I agree with the answer below. You can file both a individual BK and a LLC BK if necessary. There may or may not be a need to file an LLC...
Archived
I need to get rid of my debt in bankruptcy, can I keep the sales proceeds of my home when it is sold?
Jeffrey's answer
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Answered on March 17, 2010
Yes, you can protect the equity in the home and discharge your credit card debt. The exemption is $75k for a single person and $100k if you have...
Archived
I am confused about the "value of claimed exception" and the "value of property" on Schedule C.
Jeffrey's answer
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Answered on March 16, 2010
Schedule "B" is where you list the value of the property and schedule "C" is where you exempt the property. The numbers should match.
Mr....
Archived
If I file for bankruptcy will the co-signer of my auto loan be affected?
Jeffrey's answer
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Answered on March 12, 2010
Your friends credit will not be affected as a result of your bankruptcy filing as long as payments continue to be made on the auto loan. If...
Archived
If a debt was not listed in bankruptcy, can it be added
Jeffrey's answer
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Answered on March 12, 2010
If your case was a no asset case (meaning the trustee did not take any of your property to sell for creditors) then the fact that this creditor was...
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Archived
Can I discharge the debt from a personal injury law suite via bankruptcy?
Jeffrey's answer
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Answered on March 10, 2010
Yes, bankruptcy will eliminate any debt owed as a result of the accident you mentioned.
Mr. Larkin is a CA licensed bankruptcy attorney and is...
Archived
Would bancrupcy clear my debt and drivers licence from a collection agency
Jeffrey's answer
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Answered on February 25, 2010
Traffic fines are non-dischargeable in bankruptcy even if they have gone to a collection agency. Your license will still be suspended until those...
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