If I add my wife to the title of my separate property residence can the original cost basis be targeted if my wife is sued?
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Answered on May 14, 2021
I believe your question misses the mark. The concern in adding your wife to the title is that you may have transmutated the property from separate...
Is a default judgement dischargeable by bankruptcy court?
Thomas's answer
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Answered on April 23, 2021
As I'm sure you have heard by now, the default judgment is dischargeable AS LONG AS the judgment is not based on fraud, breach of fiduciary duty or...
Hi, I received a judgment against me from the Court of San Diego. Does the judgment with interest will be increasing?
Thomas's answer
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Answered on March 21, 2021
California judgments accrue interest at 10 percent and every so often that interest can be added to the judgment so that interest can grow even...
How to remove illegitimate bankruptcy?
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Answered on February 26, 2021
In over 35 years of handling bankruptcy cases I have only heard of this happening one time where the debtor claims someone else must have filed a...
In a chapter 7 bankruptcy, who is responsible for filling out the petition correctly, the attorney or the client?
Thomas's answer
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Answered on January 26, 2021
The debtor is responsible for accuracy of the information in the documents. You provide the attorney the information, but you are the one who...
Is it free to file an adversary proceeding for a debtor in a chapter 7 bankruptcy or is there a fee?
Thomas's answer
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Answered on January 09, 2021
Normally a creditor, not the debtor, files an adversary proceeding as the plaintiff. The court charges a filing fee [currently $350]. I don't...
How costly can it get on me, the debtor, in a chapter 7 bankruptcy if a creditor decides to contest a discharge?
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Answered on January 09, 2021
The costs to defend an adversary proceeding in the Bk Court depends on many things: the number of creditors who are suing, the experience of the...
Can a settlement be garnished after BK
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Answered on November 13, 2020
Did you list the settlement or possibility of a settlement as an asset in your 2010 Chapter 7 case? If you did list that asset, then you should be...
I have firsthand knowledge of my cousin declaring false bankruptcy.
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Answered on September 19, 2020
Call the Office of the US Trustee in San Diego - 619-557-5013. Let them know you want to speak to someone at their office about abuse of the...
What are my options when closing down my business due to Covid19 and I can't pay my suppliers?
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Answered on May 14, 2020
You are not alone. I have been speaking with caterers, restaurant owners, and other folks in the food and hospitality industry. First question: ...
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