Jeffrey Daniel Larkin's Answers (993)

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I have 2 credit cards that my girlfriend was a signor on. if i go bankrupt can they come after her or her assets?

Jeffrey's answer | Answered on June 10, 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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Can my husband file for bankruptcy and wipe out the credit owed on our joint credit card or will I still be responsible?

Jeffrey's answer | Answered on June 10, 2009

I agree with the above answers but would add that your credit would not be effected by his bankruptcy filing unless you default on any joint...

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I licensed 10 paintings to a company in Texas. I just received a notice of Chapter 7 Bankruptcy. I am in NY, what rights do I

Jeffrey's answer | Answered on June 09, 2009

Property of the corporation (if any) will be liquidated for the benefit of creditors. If you have licensed your paintings (consignment agreement?)...

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I lost my entire investment when a corp., in which I had invested, went bankrupt.

Jeffrey's answer | Answered on June 09, 2009

Absent fraud, no, unless he has personally guaranteed your investment. LEGAL DISCLAIMER Mr. Larkin is licensed to practice law in CA and is...

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I lost my entire investment when the corp., in which I had invested, was dissolved.

Jeffrey's answer | Answered on June 09, 2009

If you were not notified it is because you were not listed as a creditor in the case. Your investment in the company made you a shareholder, not a...

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I have a 35,000 in debt should i file bk????

Jeffrey's answer | Answered on June 09, 2009

If you are currently unemployed and have this amount of debt my advice is to file bankruptcy to protect yourself. I do not agree with the post...

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I was served a summons to go to court for a credit card i defaulted on what should i expect during court?

Jeffrey's answer | Answered on June 09, 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...

Archived

I have a couple of questions on bankruptcy

Jeffrey's answer | Answered on June 09, 2009

It looks like the joint exemption limit for personal property in NY is $10k so if the value of all your personal property including cars and money...

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I have mortages on two homes. Can I declare bankruptcy and keep my primary residence? I own in ohio and live in mi.

Jeffrey's answer | Answered on June 09, 2009

The mortgage is secured by the property so it is not possible to file bankruptcy, keep the property and eliminate the debt. You may be able to...

Archived

What type of protection do S corporations provide in case of bankrupcy?

Jeffrey's answer | Answered on June 09, 2009

I agree with Mr. Mcleod'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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