Generally you should not be personally liable for the obligations of the LLC unless it fell under the limited exceptions that make your personally...

What happens to the default judgment and the defendant files for bankruptcy?

When there is a default judgment against the defendant and he files for bankruptcy, the ability to collect the debt is stayed pending the outcome...

Every state has bankruptcy exemptions that allow you to keep certain property when you file for bankruptcy. In your case you would have to check...

If I go into forecloseure, can the bank take my mobile home or auto? I had to quit my job and go back on Social Security Dis

In order to better determine what options are available to protect your home and vehicle, you need to sit down with a bankruptcy attorney and...

I may have to file bankrupcy, is it possible to keep one investment property and my primary residence. my investment property

It will depend on on the equity that is available in your primary residence and whether the California Bankruptcy exemptions can protect any equity...

Please help me understand what Bankruptcy is and why our name is on their list?

As my colleague's previously mentioned it may be that the debtors listed you as a creditor in their bankruptcy case. They may believe that they owe...

Bankruptcy

You should consult with a local bankruptcy attorney regarding this matter. If the money was not in fact yours and you were simply holding the funds...

If you are not seeking to obtain a discharge in the Chapter 13 bankruptcy then you can file at any time. It really depends on the reason for filing...

I am permanently disabled & need to file bankruptcy.

There are also legal aid groups that may be able to assist you. There are legal aid organizations within the Los Angeles area that provide...

I own a rental house outright under joint tenancy with a friend. she has filed for bankruptcy. can the creditors force the sale

This answer really depends on the facts of the bankruptcy that was filed. We would need to know if the property has any equity and if the equity is...