California bankruptcy chapter 7 exemptions. Can I protect 100k home equity even if my wife doesn't file bk with me? Have kids.

Yes, but remember, you can't mix and match 703 and 704 exemptions. You must use one or he other.

Based on your question, it is clear that are indeed confused, and need to talk to an experienced bankruptcy attorney who can answer your questions...

Is chapter 13 bankruptcy an option? Bank account frozen!!! (Recently posted same question regarding ch 7)

If you have room in your exemptions to retain this money, then you should be able to get it back when you file bankruptcy. Consult with an...

Debtor defaulted on installment payment. Should I send request to pay before sending letter of demand

I assume that this installment note is not secured with real estate in which case a whole different set of rules applies. As a courtesy, I would...

Do I need to pay student loans off to the government if I leave the country?

To my knowledge, there is no statute of limitations on the collection of student loans. If you leave the country, don't plan on coming back.

How does an automatic stay in a partnership affect an ongoing contract?

He is probably exempt but more facts are needed. His other partners would still be laible in all likelihood. You should meet with an experienced...

Hi everyone! it has been 70th day today since the date of my 341 meeting and I still havent received any update about discharge

The case by statue has to stay open for sixty days after the 341 hearing to allow any creditors to object to the discharge. (They rarely if ever...

I have business contracts, and I need to file a Chapter 7 bankruptcy. What will happen to the contracts in bankruptcy?

It is unclear what kind of broker you are, but if these are contracts that only pay our after you perform certain tasks, then you are probably OK. ...

On a noncollectable federal tax debt can a person make an offer for less and what are the chances of getting it approved

Contact an experienced tax attorney, CPA or Enrolled Agent and try for an offer in compromise with the IRS.

Is it worth it to file chapter 7 if you misrepresented your income during credit card application? Hope none will object

You need to lay out all the facts to a bankruptcy attorney who can then properly advise you. Having said that, when the credit card company made a...

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