Questions answered by Jeffrey Daniel Larkin

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Bankruptcy - can creditors come after a house if it is in more than one person's name

Jeffrey's answer | Answered on July 15, 2009

I Agree with the answer above. LEGAL DISCLAIMER Mr. Larkin is licensed to practice law in CA and is located in San Diego. His response here...

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2 partner small business w/2nd partner possibly taking b/k

Jeffrey's answer | Answered on July 15, 2009

I agree with the answer above but would add that whether the trustee pursues your co-owners interest in the corporation depends on the assets and...

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Bankrupcy and small business

Jeffrey's answer | Answered on July 15, 2009

The answer depends on a number of factors. What kind of business is it? Corporation or Sole Proprietor business? If a Corporation then the...

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Can a cosigner sue for the debt incurred as a result of the primary borrower filing bankruptcy.?

Jeffrey's answer | Answered on July 15, 2009

No. The co-signer cannot sue the primary if a bankruptcy has been filed. LEGAL DISCLAIMER Mr. Larkin is licensed to practice law in CA and is...

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My son is in prison and needs to file BK and his creditors are hounding me. Can he file from prison or does he need to wait?

Jeffrey's answer | Answered on July 15, 2009

I agree with Mr. Davis' answer. In my experience, the Trustee can arrange a telephonic appearance for the debtor from jail. LEGAL DISCLAIMER...

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Does a active duty military member that is going to fill for bankruptcy have to go back to there state of residence to do so?

Jeffrey's answer | Answered on July 15, 2009

No. Once you are in SC for the greater part of 180 days then venue is proper in the county you reside. While you may be forced to use IN...

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I want to file ch.13 but will this help me. I have tons of med. credit cards and a car note plus mortgage.??

Jeffrey's answer | Answered on July 15, 2009

You should speak with a chapter 13 attorney in your ares. He would e able to analyze your current situation and determine the best course of...

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I have $16,000 in medical bills in NY state. Do my husband and I have to both file for bankruptcy?

Jeffrey's answer | Answered on July 15, 2009

If the debts are in his name then he is the one who should file bankruptcy not you. You may have some level of liability depending on the rules in...

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I'm a young college student that would like to file bankrucy. approx. $10,000 in collection debts

Jeffrey's answer | Answered on July 15, 2009

If you are unable to pay your bills as they come due then you might want to consider bankruptcy options. Chapter 7 seems like the best fit based...

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I am considering walking away from my house, but I need to know the reprocussions and if bankrupcy is necessasary.

Jeffrey's answer | Answered on July 14, 2009

If you have only a first mortgage and the mortgage was used as the purchase price for the property then you can walk away under CA Civil Code 580. ...

Jeffrey Daniel Larkin's Answers (993)

Bankruptcy - can creditors come after a house if it is in more than one person's name

2 partner small business w/2nd partner possibly taking b/k

Bankrupcy and small business

Can a cosigner sue for the debt incurred as a result of the primary borrower filing bankruptcy.?

My son is in prison and needs to file BK and his creditors are hounding me. Can he file from prison or does he need to wait?

Does a active duty military member that is going to fill for bankruptcy have to go back to there state of residence to do so?

I want to file ch.13 but will this help me. I have tons of med. credit cards and a car note plus mortgage.??

I have $16,000 in medical bills in NY state. Do my husband and I have to both file for bankruptcy?

I'm a young college student that would like to file bankrucy. approx. $10,000 in collection debts

I am considering walking away from my house, but I need to know the reprocussions and if bankrupcy is necessasary.