Chapter 7. Had HVAC system installed couple yrs ago. contractor found financing. Still owe bank $. Would this be secured in bk?
Bruce's answer
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Answered on August 25, 2011
The two answers provided adequately address you issue.
If it is secured, it will not be discharged in Ch. 7.
If it is unsecured, it should be...
Archived
Chapter 7 -If took money out of my 401(k) a couple of months ago 2 pay bills, is income 4 means test? What about $ took last yr
Bruce's answer
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Answered on August 25, 2011
Early distributions from 401k plans is considered income for purposes of the means test. If this occurred within the last 3 months it would be...
Archived
How to collect on a lawsuit?
Bruce's answer
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Answered on August 24, 2011
You need to determine the date of the judgment by checking the case file a the courthouse. If the judgment was rendered within the last 10 years...
Archived
Chance to win in small claims based on verbal agreement..
Bruce's answer
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Answered on August 24, 2011
As long as you can prove it was a loan as opposed to a gift you should prevail.
If you are going to pursue the matter, I would recommend small...
Archived
If I sell my portion of our home to my (soon to be ex) husband while were still married will I have to pay a capital gain tax?
Bruce's answer
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Answered on August 24, 2011
Transfers between spouses on a sale do not result in gain/loss on sale. This assumes that the sale is made during marriage or incident to a...
Archived
My lawyer is being debarred has an assistant but will not answer phone nor email Told me he filed ch 13 a month ago
Bruce's answer
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Answered on August 23, 2011
Request a copy of your file in writing. If it is not provided to you, contact the state bar about the attorney's office to see if they can help...
Archived
HOW DO I FILE CIVIL SUIT AGAINST A BUSINESS THAT GAVE ME COUNTERFIET MONEY AND HE DENIES IT.
Bruce's answer
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Answered on August 23, 2011
Why bother with a civil lawsuit. Knowingly passing counterfiet money is a crime and should be reported to the police. Let them do all of the work...
Archived
Can a president of a corporation not be on the corporate bank account.
Bruce's answer
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Answered on August 23, 2011
Yes.
This decision would be made by the Board of Directors and there should be authorization in the corporate minutes as to who is authorized to...
Archived
By CA law will my student loan remain my own responsibility even if I am in default when I get married?
Bruce's answer
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Answered on August 23, 2011
This question requires a 2 part answer:
1. Debts incurred prior to marriage are your own liability and your spouse has no liability for your...
Archived
401K contribution in Chapter 13
Bruce's answer
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Answered on August 23, 2011
The answer may depend upon whether your $1000 contribution is monthly or annually.
1. If monthly, $1000 is a fairly significant amount. The...
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