Jeffrey Daniel Larkin's Answers (993)

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I have a pending court date for a debt that I owe with a credit union. I could not pay the loan for 5 months due to a lay off...

Jeffrey's answer | Answered on June 28, 2009

Bankruptcy would eliminate this and all other unsecured debt you have. LEGAL DISCLAIMER Mr. Larkin is licensed to practice law in CA and is...

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We claimed bankruptcy and wondering if that means our credit score is very low.

Jeffrey's answer | Answered on June 28, 2009

I agree with the answer above. It depends on what your credit was like before you filed bankruptcy. LEGAL DISCLAIMER Mr. Larkin is licensed...

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Does a wife of a deceased person, who filed bankruptcy just before his death, still able to receive his retirement payments?

Jeffrey's answer | Answered on June 28, 2009

The bankruptcy would not effect any retirement benefits (assuming less than $1mil) that you may be entitled to under the law. It should also not...

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I owe almost 30 k in business credit cards debt. if i stop paying them can they come after my business assets

Jeffrey's answer | Answered on June 28, 2009

I agree with Mr. Chen's answer. LEGAL DISCLAIMER Mr. Larkin is licensed to practice law in CA and is located in San Diego. His response here...

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Chapter 7 or Chapter 13 bankruptcy....which is best for us?

Jeffrey's answer | Answered on June 28, 2009

Chapter 7 would be your best option. You should find a qualified attorney in your area to assist you. LEGAL DISCLAIMER Mr. Larkin is licensed...

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If my joint bank account has been levied, is it possible to try and get the money back if it did not belong to me?

Jeffrey's answer | Answered on June 27, 2009

You will need to file a claim of exemption in a timely manner and provide traceable evidence to the court that the source of the funds is not...

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I have a student loan that was taken out in 2002, If i file Ch. 7, ca this loan be dismissed even with the new 2005 act?

Jeffrey's answer | Answered on June 27, 2009

Unfortunately this is not the case. The student loans will be non-dischargeable in any bankruptcy you file. LEGAL DISCLAIMER Mr. Larkin is...

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What are my options?

Jeffrey's answer | Answered on June 27, 2009

Need more facts. Is this a corporation or sole proprietor business? If a corporation have you personally guaranteed the debt on the line of...

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In the process of a divorce.Financial debt-home. Both financially okay. Husband is threatening bankruptcy. How would impact wife

Jeffrey's answer | Answered on June 27, 2009

Your husband filing for bankruptcy will only discharge his personal obligation on his outstanding debts. The petition to compel sale would have to...

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Daughter considering filing bankruptcy due to ex-boyfriend stopped for motorcycle that she signed for. File bankruptcy?

Jeffrey's answer | Answered on June 27, 2009

Yes. Bankruptcy would eliminate her personal obligation on the deficiency balance on the motorcycle. LEGAL DISCLAIMER Mr. Larkin is licensed...

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