Both previous responses are accurate answers. I commend you for asking before actually implementing your plan. Had you filed a bare bones petition...

It is unlikely that you could file without any impact on the LLC. All of your assets must be disclosed in a bankruptcy and the LLC is an asset. It...

Should my sister just ignore the Notice of Hearing for Reaffirmation Agreement or wait until to be cleared by the Court?

Because title was already transferred and the contract was completed, there is nothing to reaffirm. As Mr. Steingraber indicated, if no one...

How can I stop student loan garnishments? Would filing for bankruptcy prevent this?

It is difficult to get student loans discharged in bankruptcy but the filing imposes the automatic stay which will prohibit the lenders from...

I agree with Mr. Tokar. Creditors are allowed to ask about your income, expenses, assets and liabilities. They can ask about transfers of property...

Have 3 credit cards I am unable to pay. All savings are gone - only receive small pension and social security. Need advice

I agree with the other two responses. Keep your SS income in a separate bank account and it will be protected from creditors. Assuming you have no...

Mr. Harris is exactly on point. Follow his advice. It is a mistake to believe bankruptcy is very simple. A case can go very smooth but if a debtor...

Can I start my own business and make money if my husband is filing for bankruptcy?

Because Washington is a community property state, income, assets, losses, debts, etc., are considered assets and liabilities of the community. So...

How long does a recorded Notice of Sale on a property is good for before it needs to be renewed?

California Civil Code §882.020 provides that a DOT has a statute of limitations of 60 years following the DOT's recording if the DOT neither...

If I file bankruptcy? Who would have to know could I keep my car and house and how would that affect our taxes and my spouse

Your creditors, all of them, HAVE TO get notice. As stated above, other people CAN know if they want to go to the trouble. If you can continue to...