Does a corporation have to list an unclaimed judgment as an asset on the Chapter 7 bankruptcy?

Yes. Although collectability may be doubtful, it does not eliminate the duty of disclosure, only its value. And while corporate debtors do not get...

Can a suspended LLC proceed with an Execution of Judgement?

The standing of the judgment creditor is irrelevant to your claims of exemption. The court will limit your claim to one of the exemptions under...

Illness is one of two grounds excusing non-appearance at the meeting of creditors. You'll need to provide proof to your Chapter 7 trustee, who may...

Can I file bankruptcy for just one debt/judgement?

There is no threshold of debt, which is because what is more than manageable depends on each individual. A single debt can be more than enough to...

Will I get into legal trouble if I apply for a secured credit card before my bankruptcy discharge?

Feel free to apply. The whole purpose of filing a bankruptcy is to get a fresh start, and making application for a secured credit card is a good...

.What documents do I need to file along with a Writ of Execution in BANKRUPTCY Court (Los Angeles)?

Perhaps your question is phrased in a manner that does not clearly state what you seek to accomplish. The bankruptcy court is a federal court...

Chapter 7 Question: Property Transfer More Than 5 Years Ago (California)

It would appear unlikely that the Chapter 7 Trustee could successfully recover the property transfers under the facts you have stated. Section...

Although the reason for the a payment for loss of earnings or for disability, and is instead a casualty loss, i.e., compensation for damage to...

Hi I bought some stuff in a car stereo place

"Lease to own" contracts are used to provide a way to finance the sale of merchandise to buyers with credit problems who may not qualify for...

When your Chapter 7 case was originally commenced, a stay automatically issued to protect you during the pendency of the proceeding. That stay...