Archived
On a weekly bais Chineses business that sought capital from U.S. investors by merging with a shell company are being delisted.
Jonathan's answer
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Answered on June 29, 2011
How about holding investors accountable, caveat emptor?
Remember,
there are no free lunches
if it is too good to be true it probably...
Archived
Cash for keys
Jonathan's answer
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Answered on June 22, 2011
Yes, you can negotiate, however the Chapter 7 trustee may consider the cash for keys to belong to the bankruptcy estate and try to take it. Not...
Archived
We have small business S-Corp, & been going through a rough time 3 years now trying to keep up with business /personal creditors
Jonathan's answer
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Answered on June 22, 2011
I concur, that you definitely need to get competent legal counsel. I recommend looking for a referral on the NACBA website (National Assoc of...
Husband racked up 2 credit cards in my name. Getting divorced. Can't afford minimum monthly payments. Husband earns 65K/year.
Jonathan's answer
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Answered on June 08, 2011
If he is ordered to pay the debt as part of the divorce it would not be dischargeable in a Chapter 7 bankruptcy, but he could discharge it in a...
Archived
On, Bankrupcty, I have 104,000 in unsecured debt not tied into my home, If I file bankruptcy can they take my home, I owe 68,000
Jonathan's answer
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Answered on June 08, 2011
Depends on the value of the truck and your available exemptions. The home is likely exempt. Definitely need to consult legal counsel regarding...
What exactly happens if you do not pay back a payday loan?
Jonathan's answer
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Answered on June 08, 2011
Cancel the credit card to prevent the problem from compounding. Post dated checks are treated as loans, not checks in most jurisdictions. It is...
Archived
My husbands check is being ganessed but the amount was paid and they are still taking money out how do we stop it?
Jonathan's answer
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Answered on June 08, 2011
Did you consider interest and the additional collection costs that may be included?
Archived
Regarding a debt collection in North Carolina, could an affirmitive defense be used if the Plaintiff failed to attach
Jonathan's answer
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Answered on June 08, 2011
Yes, but it is easily cured by the plaintiff
Archived
Can the original classification of a mortgage pmt be changed after a ch13 plan is confirmed?
Jonathan's answer
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Answered on June 08, 2011
If your mortgage payment is now lower the 13 trustee may want you to increase the pro rata to the unsecureds if the current plan pays less than...
Archived
Converting from Chapter 7 to Chapter 13
Jonathan's answer
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Answered on June 08, 2011
You can convert, however if the chapter 13 fails you will be back in a chapter 7
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