Archived
Tax question, in order to file a tax on a suspended business, do I have to renew and pay renewal fees for all those years?
Stuart's answer
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Answered on December 26, 2013
Why do you think you have to do anything? If you are not using the corp and it has no assets, you are basically throwing your money out the window.
Filed Chapter 7 Bankruptsy, reaffirmed my Mortgage, bank said they never received paperwork, would have to open case up?
Stuart's answer
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Answered on December 26, 2013
This may be a blessing in disguise. Why do you think you need to reaffirm the mortgage? Just keep making the payments and you'll be fine.
Archived
Is it advisable or not... to tell Creditors that I am considering Bankruptcy and/or suggest that repayment seems unlikely?
Stuart's answer
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Answered on December 25, 2013
If possible, let the creditor calls go to voicemail. Nothing you say or do will persuade them to back off. They are tasked with getting a...
Archived
In bankruptcy, is my share of our community protected by a homestead exemption if my husband files an individual bankruptcy
Stuart's answer
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Answered on December 23, 2013
Based on your location and age, you have up to $175K exemption for RE equity for the home in which you live. If further information is needed,...
Archived
California chapter 7 bankruptcy 704 exemptions, says 55 with very low income can have increased homestead exemption. Income when
Stuart's answer
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Answered on December 21, 2013
According to the formula on the Means Test, income is calculated 6 months back to the present.
Archived
Does a bankruptcy lawyer have any say on the date of a 341 hearing?
Stuart's answer
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Answered on December 21, 2013
The dates for the 341a meetings are assigned automatically and the attorney cannot select the date in advance. If the debtor (or spouse) cannot...
Archived
Nov 1 I filed for chapter 7 bankruptcy after being told my house was only worth 140,000 since then the trustee had a drive by
Stuart's answer
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Answered on December 21, 2013
It is hard to understand a $90K difference in the two values. If you now have "equity" you still may be able to change your exemption schedule to...
Archived
Is my former divorce atty in violation of bankruptcy stay law on my discharged chapter 7 with lis pendens on my property?
Stuart's answer
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Answered on December 20, 2013
A lis pendens is a device to give notice to the world, that there is a pending claim against the title of your property. At this point, the merits...
Can a bankruptcy case be reopened after discharge in a Chapter 7 bankruptcy case?
Stuart's answer
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Answered on December 20, 2013
My colleagues have given you good advise with which I concur. A personal injury claim existing at the time of your BK is an asset of the BK estate...
Archived
Should I push my attorney to fix my income for chap 13
Stuart's answer
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Answered on December 20, 2013
My fellow lawyers have given you good advice, but if you have lost confidence in your atty who says this is his first Chapter 13 case, you might...
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