Declaring Chapter 7 in CA w/ husband. Have a C-Corp that runs a franchise. Looking for BK atty w/ success discharging franchises

I agree with cousel here, in most situations filing corporate Bankruptcy doesn't make sense. I had a client who terminated a franchise agreement. ...

You can use the wildcard, but be VERY careful here. It wont cover all the money if there are other assets that exceed their own category of...

How do you notify a creditor of an expired judgment?

According to Fair Credit Reporting Act (see page 22...

What is my liability if I cannot pay off a credit card balance

Many have answered your question. i just want to add whether you have considered getting a roommate to help you recover? If you're careful and...

What are the chances I can get my student loans forgiven in a bankruptcy claim?

Attempting a discharge involves litigation and no one can ever with any certainty predict an outcome of a lawsuit. The burden is high on the...

Does filing for bankruptcy eliminate federal and state income tax debt?

The answer depends on unstated facts such as: whether you filed the returns, how long ago, year when return was due, dates of tax assessment. When...

Credit history detail viewed by others Wells Fargo/Rels Reporting (Experian)

Agreed on the issue of reporting on your credit. As to the inquiry, I cant find anything on point about that but why not contact the bureau and...

Would SOL re-start if I make a payment on an old debt? Will a call to Capitol One, to verify debt & LDOA have negative impact?

Wow it actually admits that SOL has passed and they won't sue or report it on to the credit bureaus. That's nice. But they fail to mention that...

If i have a levy from the irs can a money judgement do anything as far as my bank account or personal belongings?

The answer is yes. After a levy on the bank account is executed, the owner of the bank account is typically notified in writing by the financial...

Filed chapter 7 bankruptcy, 240,000 unsecured debts, 216,000 mortgage, home worth 300,000. what is the best exemption to claim

It's important for you to seek out a local bankruptcy attorney to discuss your case. The better option would have been to hire one before deciding...