What kind of responsibility does on officer of an LLC hold for actions that led to the bankruptcy?

You might have a civil suit for fraud against the officers of the LLC, you that is not my area of expertise. If you have solid proof that the...

Google "credit counseling course' and pick one that meets your budget and time frame. Most will email you and your attorney the certificate. Just...

Keeping homes and filing for bankruptcy

It is all a question of how much equity there is in the two homes. If there is little or none, your relative can probably file chapter 7 and keep...

Does section 704.110 of the California Code of Civil Procedure apply to a part time resident of California?

I think the bigger concern for you is the question of "in rem" jurisdiction. If you have a judgment against you in another state, the judgment...

Bankruptcy

Don't be depressed. If anyone deserves a fresh start it's you, and that is what bankruptcy is for. In a chapter 7 bankruptcy, you can wipe out...

California statues do permit a Trustee to reach up to 25% of the amount in the spendthrift trust to satisfy claims, BUT there has to be enough left...

What happens if the Trustee for my ch. 7 bankruptcy doesn't get paid

Now you know why bankruptcy is not a do it yourself project. You may still be able to exempt these assets but you need to talk to an experienced...

How to collect when a person files bankruptcy? hearing set on nov.12

Attorney Ozols gave a good answer, but in all likelihood, you have a tax write-off. Review the bankruptcy petition to find out if there are any...

Chapter 7 none discharge debt

In my experience, the first thing that happens is that the attorney for the debtor gets a letter from the attorneys for the creditor (usually a...

How can we stop paying BofA w/o hurting our credit since they are not a lien holder? BofA and I were both defrauded by dealersh

You can protect your credit by filing a letter of explanation with the three credit reporting bureaus explaining what happened. It may not help...