Questions answered by Jeffrey Daniel Larkin

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Can I file bankruptcy for 9,500 in credit card debt?

Jeffrey's answer | Answered on July 24, 2009

Yes you can file bankruptcy on $9500 in debt. You should seek out a qualified consumer attorney for assistance in going over all your...

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What are a persons options on Time share property? You've lost your job and cannot afford that payment?

Jeffrey's answer | Answered on July 24, 2009

Not much you can do at this point. They will either write it off as a loss and you will not hear from them (your credit will de affected however)...

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How do i file 4 bankrupcy

Jeffrey's answer | Answered on July 24, 2009

You should see a qualified attorney in your area. Bankruptcy law is more complex than you think and unless you're willing to devote the necessary...

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Is it true that if you settle with creditor for less than balance then the difference has to be listed as income on tax return?

Jeffrey's answer | Answered on July 24, 2009

If the debt forgiven is more than $600 then you could be sent a 1099-C requiring you to pay income taxes on the amount of debt forgiven. LEGAL...

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Should I file bankruptcy or do a loan consolidation if I have $25,000 in credit card debt?

Jeffrey's answer | Answered on July 24, 2009

The answer to your question depends on a number of factors most importantly your income. However, if you cannot pay your bills as they come due or...

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I'm thinking about filing bankruptcy.Can i file on old judgments?

Jeffrey's answer | Answered on July 24, 2009

Yes, judgments are generally eliminated in a bankruptcy absent fraud. LEGAL DISCLAIMER Mr. Larkin is licensed to practice law in CA and is...

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If I sold my shares in a business that I was part owner of and is now going bankrupt can the bank seize my assets?

Jeffrey's answer | Answered on July 24, 2009

I agree with Mr. Hankins. LEGAL DISCLAIMER Mr. Larkin is licensed to practice law in CA and is located in San Diego. His response here does...

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We divorcedm 3 years ago what do i have to do to remove her name from my car title. it is in both now.

Jeffrey's answer | Answered on July 24, 2009

You need to refinance your loan into your name LEGAL DISCLAIMER Mr. Larkin is licensed to practice law in CA and is located in San Diego. His...

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I am one emergency from total finacial melt down. Credit cards are maxed out. What should I do?

Jeffrey's answer | Answered on July 24, 2009

You should consider bankruptcy options unless you think you will be able to pay off your debt in a reasonable amount of time. Otherwise, you are...

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Unimployed since Dec. 2008, my truck was repoed and with one credit card my out standing debt is less than $5,000

Jeffrey's answer | Answered on July 24, 2009

Yes, you can file for bankruptcy. There is no minimum amount of debt necessary to file. It is relative to each individuals...

Jeffrey Daniel Larkin's Answers (993)

Can I file bankruptcy for 9,500 in credit card debt?

What are a persons options on Time share property? You've lost your job and cannot afford that payment?

How do i file 4 bankrupcy

Is it true that if you settle with creditor for less than balance then the difference has to be listed as income on tax return?

Should I file bankruptcy or do a loan consolidation if I have $25,000 in credit card debt?

I'm thinking about filing bankruptcy.Can i file on old judgments?

If I sold my shares in a business that I was part owner of and is now going bankrupt can the bank seize my assets?

We divorcedm 3 years ago what do i have to do to remove her name from my car title. it is in both now.

I am one emergency from total finacial melt down. Credit cards are maxed out. What should I do?

Unimployed since Dec. 2008, my truck was repoed and with one credit card my out standing debt is less than $5,000