Archived
Ch 13 dismissed due to Trustee Mistake...reinstated but showing up on credit as dismissed...what does this mean?
Jeffrey's answer
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Answered on June 24, 2009
They should report the reinstated case shortly. Check back in 30 days.
LEGAL DISCLAIMER
Mr. Larkin is licensed to practice law in CA and is...
Archived
Business Law
Jeffrey's answer
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Answered on June 24, 2009
I agree with the answer above. Unless you personally guaranteed the debt or there are facts that justify piercing the corporate veil you should be...
Archived
If I file bankruptcy do I lose my interest in my LLC's?
Jeffrey's answer
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Answered on June 24, 2009
As for the companies with no value, your membership in the LLC's would not be effected subject to any limitations in the LLC operating agreement...
Archived
Student loans
Jeffrey's answer
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Answered on June 24, 2009
If you are permanently disabled with no opportunity for gainful employment you should consider speaking with a bankruptcy attorney regarding a...
Archived
I have a $100,000 private student loan. Can it be discharged in bankruptcy? Please see question details.
Jeffrey's answer
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Answered on June 24, 2009
The loans are non-dischargeable unless you are granted a hardship[ discharge from the bankruptcy court and to qualify for this you would have to be...
Archived
What do I need to do to correct the name on my chapter 11 bankruptcy petition papers
Jeffrey's answer
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Answered on June 24, 2009
You need to file CSD Form 1100 and attach a corrected copy of your voluntary petition to add the corporation as the debtor.
LEGAL DISCLAIMER...
Archived
When should you consider banruptcy
Jeffrey's answer
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Answered on June 24, 2009
Depends on a number of factors and an attorney would need much more information from you to determine your best course of action. You should speak...
Archived
What happens when automatic stay is lifted before the Ch 13 bankruptcy is even confirmed?
Jeffrey's answer
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Answered on June 23, 2009
1) You will not be responsible to pay the creditors fees unless the court awards fees to them which is unlikely.
2) Once they obtain relief from...
Archived
What are my rights if a debt collection agency is trying to collect on a debt twice?
Jeffrey's answer
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Answered on June 23, 2009
Instead of paying them you should have gone to see a consumer attorney for advice. While it may be possible to get the money back if you have paid...
Archived
Can a collection agency settle a debt with a person for less than the amount of the orignial debt?
Jeffrey's answer
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Answered on June 23, 2009
Yes....the collection agency has either purchased the account for pennies on the dollar or have been hired by the original creditor to try to...
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