Should I file a Chapt 13 or have CPA deal with the IRS for negotiated repayment plan. (Initial amount $1,250,000)

Since you haven't filed a return, tax debts even that old are usually not dischargible. The bigger question is the total amounts of and types of...

Investment account in Chapter 7

Any account with assets (cash/stock) would become part of your bankruptcy estate; however, you can apply any available exemptions to allow you to...

All of your assets are assets of the bankruptcy estate which is overseen by the trustee assigned to your case. Generally to sell estate property...

Will my belongings be locked up?

At some point, yes, you could be locked out. There are several steps that need to take place before that could happen. After the trustee sale,...

Sole Proprietor Doctor Looking into creating S Corp

There are steps involved that are often not handled or explained properly in the "do it yourself" websites or other services. I assume you are...

What is a means test?

A few years ago, bankruptcy laws were changed to avoid abuse of the system. They put requirements in place to make people prove they qualify to...

In forclosure. Facing sherriff sale on June 2, 2010. Can not get lender to respond. Need to know my options

There are no laws in California that force the lender to really do anything to help you. They simply have to comply with the procedural...

Going to be filing a Chapter 7 BK. Can I include a Unlawfull Detainer that may be soon?

Filing bankruptcy does not remove things from your record. Once they file the unlawful detainer complaint with the court, it can become a public...

My home was mistakenly sold by Chase bank at a trustee sale, How can I avoid being evicted by the new buyer?

If your home was sold at auction to a new buyer (not the bank) and they were not aware of any issues regarding whether the bank could sell the...

Fiduciary issues and disclosures required for new funding and sub-company.

Depending upon how much was raised and what time frame your last funding was raised can make a difference. The question really goes to what...