Archived
I was sued by a collection agency (law firm) for cc debt for 14k,
they did not show up on 1st court date, what should I expect
Bruce's answer
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Answered on January 10, 2013
I agree with prior counsel re the request for dismissal.
Your options are:
1. Debt settlement offer.
2. BK
I would advise you to call a...
Archived
Income taxes?
Bruce's answer
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Answered on January 09, 2013
The answer depends upon what this really is:
1. Is it an unconditional gift with no expectation of return or
2. A loan.
If #1 then your...
Archived
What options do i have against lawsuit threats from collection agencies for old credit card debts?
Bruce's answer
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Answered on January 09, 2013
I would:
1. Offer to settle for less.
2. File for Ch. 7 BK if you qualify and have significant other unsecured debts.
BW
Archived
I am trying to file a Chapter 7, will my retirement checks or my life insurance policy be affected?
Bruce's answer
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Answered on January 09, 2013
You have multiple issues that probably can only be answered by an attorney. That is why you are posting your question on AVVO. See an...
Archived
For a solo medical practice will incorporation provide asset protection over and above the protections of malpractice insurance?
Bruce's answer
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Answered on December 31, 2012
Professional corporations under CA law do not protect you from liability for malpractice (and you are required as a licensed physician under CA law...
Archived
I've been paying Nordstrom's Civil Claims but missed 1 month and they are threatening to involve collections &/or lawyers. HELP
Bruce's answer
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Answered on December 31, 2012
Generally, a creditor is not going to sue you or involve a collection agency until you are delinquent more than 30 - 90 days.
BW
Due to a valid prenup in CA, our income is separate property. Do we "split the income" when filing Married Filing Separately?
Bruce's answer
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Answered on December 30, 2012
It sounds reasonable that each spouse should be able to report their separate earnings on their own return.
I would hire someone to reasearch...
Archived
How do I enforce a judgment against someone who now owns 1/3 of an LLC that owns a restaurant?
Bruce's answer
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Answered on December 30, 2012
Counslor Chen has given excellent advice. There is little to add to it.
BW
Are wages considered community property? Can I garnish wages to collect on a judgment if defendant's spouse is in bankruptcy?
Bruce's answer
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Answered on December 30, 2012
If the wife is not filing there is no stay as to her, but there is a stay as to the husband.
Wages will become community property once earned...
Archived
How can I get FTB to acknowledge that I don't owe the $800 minimum corp tax?
Bruce's answer
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Answered on December 27, 2012
It sounds as though you had operations in 2012 as the entity was dissolved in early 2012. Thus, it may be that you are liable for the $800 min....
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