Archived
On the form labeled Exhibit A included in the Ch. 7 BK Petition, where the debtor lists his name at the top and then any co-debt
Kevin's answer
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Answered on June 06, 2014
Once the Petition is filed, a trustee is automatically assigned and also at that time the 341(a) hearing date is assigned.
I wouldn't advise...
Archived
What is the statue of limitations on taxes owed to the Franchise Tax Board? Does it matter if you filed BK Chapter 7 anytime?
Kevin's answer
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Answered on June 06, 2014
If taxes are due from an LLC that does not mean that they are due from a member of the LLC. There is a distinct difference between the two. There...
Archived
Calim an account on a website
Kevin's answer
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Answered on June 05, 2014
I see this all of the time. Sometimes it is frustrating. I suppose the difference in your models is the contact asking a company to claim their...
Archived
What do I need legal wise to open an online business?
Kevin's answer
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Answered on June 05, 2014
It depends on where you live. Check with your City to see if you need a business license. Most likely you will need one. If your going to use a...
Archived
Can you object to a Trustee after a 341 meeting when you feel like you are being railroaded into an asset sale?
Kevin's answer
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Answered on June 05, 2014
No. You have to realize that the trustees don't hire appraisers for each case. They generally use AVM's or automated valuation models such as...
Archived
Your property is sold in Chapter 7 bankruptcy and you were given your exemption of 100,000. Do you have to use that money to buy
Kevin's answer
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Answered on June 05, 2014
In California you have 6 months to reinvest the money. The bigger question is the trustee going to come after the money if you don't re-invest? ...
Archived
Is there a link for those filing bankruptcy that lists all the creditors addresses?
Kevin's answer
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Answered on June 05, 2014
If you run out of luck you can sometimes find the address by using google.
Archived
I got written up ( marked verbal) for insubordination .i am a salary non mgmt. employee with company set hours from 8-5.
Kevin's answer
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Answered on June 05, 2014
It is legal because it is not illegal. Maybe your boss was under some pressure. Enjoy the game and try to repair the damage later. Don't fume...
Archived
When filing CH.7 as an individual and completing Schedule F, if all debt is consumer debt would a set off or consideration apply
Kevin's answer
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Answered on June 05, 2014
Consideration is a legal term for what did you get in exchange. For example, if you bought a car, then you would say car loan. Some other common...
Archived
When filing Chapter 7, are all schedules to be filed or only those that apply to you?
Kevin's answer
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Answered on June 04, 2014
You have to file all of the schedules. If you have no real estate, you still need to file Schedule A and state none. That lets the trustee know...
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