Archived
Will I have a problem with the bankruptcy trustee if I pay the irs what I owe while im going through bankruptcy?
Robert's answer
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Answered on May 18, 2016
Do you have an attorney? Have you already filed? Did you list and exempt that $7,000.00 in you bankruptcy papers? We need to know more. I can...
Archived
Is a business trust eligible to file for a Chapter 7 Bankruptcy? And if so, is it treated like a corporate Chapter 7 BK?
Robert's answer
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Answered on May 12, 2016
It would be like a corporate chapter 7, no discharge and the assets get distributed. Many corporate chapter 7s are unnecessary, you should...
Archived
Does automatic stay protection from a Chapter 7 BK filing in California apply to other states as well?
Robert's answer
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Answered on May 12, 2016
Yes, as Robert said federal courts trump the state courts. No political pun intended.
Can a Chapter 7 as a Pro Se, later bring in an attorney if necessary?
Robert's answer
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Answered on May 06, 2016
You can hire an attorney at any point but don't be surprised if you have trouble finding one. It's more work, expense, and aggravation to fix a...
Archived
Can I claim the $100,000 homeowners exemption if I have two young children who live in the home with me?
Robert's answer
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Answered on May 06, 2016
If they're your children and they live with you you get the exemption
Archived
Should I attempt to settle almost $35k in credit card and loan debt or file bankruptcy? I work for a bank, that's my concern too
Robert's answer
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Answered on May 02, 2016
I'd bet that bankruptcy is probably your best option, but couldn't say for sure without knowing much more i.e. income, assets, etc. Sit down with...
Archived
But will my credit drop more once final?
Robert's answer
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Answered on May 01, 2016
Your credit should only go up from here, assuming you don't do anything negative to affect it.
Archived
Does a student loan currently being received count as income (not debt) on the fee waiver application or on the means test?
Robert's answer
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Answered on May 01, 2016
It is a loan, not income. Just like money charged on a credit card will not be income. Now if you get grant money that you don't have to pay back...
Archived
Do I list the pension advance from Future Income Payments llc. as a secure debt on the bankruptcy forms.
Robert's answer
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Answered on April 27, 2016
I'm anxious to find out what my colleagues have to say, because I don't believe you can give a valid security interest in a pension plan.
Archived
Can i move while my OIC is being reviewed?
Robert's answer
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Answered on April 27, 2016
Sure, you can move. Have you spoken with a lawyer? Maybe you're eligible for "uncollectible status" or your taxes might be dischargeable in...
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