Archived
I own two firearms and I am planning on filing Chapter 7 Bk. I plan on using an attorney . I am just curious on what the CA
Robert's answer
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Answered on February 21, 2012
As Michael said, you'll probably use wildcard exemptions, which can allow you to exempt up to $23,500.00 in anything under the right circumstances....
Archived
No asset chapter 7 discharge 5 years ago--now chapter 13 filing--what would be value of secured house debt?
Robert's answer
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Answered on February 12, 2012
You'll need to pay the full amount of the first mortgage, just like you never filed a Chapter 7.
Rob T.
Archived
I closed a llc in 2006 yet i have a credit card debt company still harassing me and telling me that i am personally responsible
Robert's answer
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Answered on February 12, 2012
Statute is 4 years from last payment/transaction. If you're close to the statute running, as Frank said, any payment on the account will start the...
Archived
In California, is my LLC protected if I have to file bankruptcy?
Robert's answer
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Answered on February 08, 2012
Your interest is an asset. What is your interest worth? Value the interest and compare it to your available exemptions. If you had asolutley...
Received 1099-a on rental property after discharged chapter 7
Robert's answer
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Answered on February 08, 2012
If you receive a 1099 for a debt that was previously discharged in bankruptcy, file IRS Form 982 along with your tax return, identify the debt and...
Archived
CA chapter 7 bankruptcy, what determines whether I get in trouble for discharging mortgage where I am responsible per fam law ct
Robert's answer
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Answered on February 08, 2012
If you just have a first trust deed (no 2nd or Heloc), California's anti-deficiency statute will protect you and your ex from owing any deficieny...
Archived
Bankruptcy What range of money would I expect to pay for a chapter 7 for my small corp. Small amount of assets.
Robert's answer
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Answered on February 08, 2012
You need to speak with an experienced bankruptcy attorney. Oftentimes it is completely uneccessary to file bankruptcy for a small corporation,...
Archived
Chapter 7 Bankruptcy. I filed an adversary proceeding against ex-husband who named me as creditor. We agreed to settle. Now what
Robert's answer
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Answered on February 06, 2012
If your ex owed you money or property as a result of your divorce, it isn't dischargeable in a Chapter 7. Why did you file an adversary? Being...
Archived
Transfer title of vehicle into my own name and opening a checking account douring Chapter 7 proceedings potential issues?
Robert's answer
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Answered on February 01, 2012
Generally, its the assets you own when you file your bankruptcy petition that become part of your bankruptcy estate. Technically, it shouldn't be...
Can I take the debtor education course prior to the 341 meeting?
Robert's answer
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Answered on February 01, 2012
Yes. If you're going to take it online, I recommend www.alpsite.com. At $7.95 they're the least expensive I've found.
Rob
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