Archived
If i declare personal Chapter 7, is my company (a 1-member LLC) ok to keep open even if i had a personally guaranteed SBA Loan?
Lysbeth's answer
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Answered on July 04, 2011
Assuming the debt is not secured by any property, it looks like you can get through this with a minimum amount of loss. The safest course would be...
Archived
My previous employer filed chapter 11 prior to my dismissal, they still owe me wages. how do i collect what is owed to me?
Lysbeth's answer
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Answered on July 02, 2011
People owed wages earned prior to the filing of the chapter 11 should file a claim for those wages and they are entitled to third priority status,...
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Archived
I live in texas in 2007 a default judgement was awarded to richard le my husbands name is richard leblanc the creditor is trying
Lysbeth's answer
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Answered on July 02, 2011
IF Texas statutes have a provision that allows defendants who were never served to make a motion to set aside the default, that would be...
Archived
Do we have to pay this debt?
(message below is lacking detail so it would fit)
Lysbeth's answer
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Answered on July 02, 2011
This debt nay be uncollectable because it is beyond the statute of limitations. That time period for New York state would be determined via the...
Archived
Chapter 13 and paying behind mortgage Payments
Lysbeth's answer
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Answered on July 01, 2011
In my experience, you could extend the length of the plan if the plan does not already last 60 months, regardless of the reason for modification...
Archived
I filed a Chapter 7 and went to a 341 Hearing.
Lysbeth's answer
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Answered on July 01, 2011
If you get on the internet and find out the current value of the computer, then contact Best Buy (whoever sent you the letter) and offer to pay the...
Archived
Omitted Property in Chapter 7
Lysbeth's answer
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Answered on July 01, 2011
Yes, you do need to reopen and the filing fee is $235. I don't believe there is a form, but you can write up a simple statement without assuming...
Archived
In California isn't against the law for a mortgage company to pay property taxes in a Chapter 13 and then request you pay them?
Lysbeth's answer
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Answered on June 30, 2011
IT is not illegal for a lender to pay the property taxes on your property and then seek reimbursement from you. IF you have no basis for filing a...
Archived
Chapter 7 Entity - no assets, no liabilities - sham?
Lysbeth's answer
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Answered on June 30, 2011
Each separate entity should be filing its own chapter 7 case, There cannot be one chapter 7 case for more than one entity or individual....
Can my lawyer reverse a default judgement against me if he forgot to notify the court of my bankruptcy?
Lysbeth's answer
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Answered on June 29, 2011
The filing of the bankruptcy nullified or voided any state court action to collect debts. It doesn't matter whether there was a default judgment...
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