Would doing a prenup with my fiancé protect my assets And income if he goes bankrupt or can’t pay child support?
James's answer
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Answered on June 07, 2020
Yes, one can draft an enforceable premarital agreement which changes the character of your income post-marriage.
You would probably take new...
Archived
Is there a maximum intrest rate allowed on a loan from somewhere like the Loan Me Company?
James's answer
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Answered on June 04, 2020
The creditor is using a loophole in the statutes which would normally make that interest rate unlawful.
The California Supreme Court ruled in...
When filing ch. 13 does lawyer have discretion figuring out home equity or is there a set in stone formula?
James's answer
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Answered on May 28, 2020
As the owner you are qualified to propose a current value, but if any party in interest challenges the value because it makes a difference in terms...
Protected through a provision called the “codebtor stay.”.
James's answer
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Answered on May 22, 2020
Yes, it's any individual also liable whether cosigned or not which is how your spouse is covered and no creditor or debt collector should be...
Archived
What does a Chap 7 bankruptcy trustee do regarding fed taxes owed?
James's answer
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Answered on May 13, 2020
The chapter 7 discharge will not affect the 2016 taxes in your situation. Things could have been different if you could have waited a couple of...
Archived
I trying to see how long my bk 13 is, 3 or 5 years?
James's answer
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Answered on May 10, 2020
The information you are looking for is in your plan. The plan states how many months it will last. If you don't have a copy, you can download it...
Should we negotiate mortgage assistance on a rental property that we discharged in a bankruptcy?
James's answer
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Answered on May 09, 2020
You are not endangering the discharge of personal liability for the debt by negotiating to prevent foreclosure.
What you should actually do in...
Will an abstract judgement in one county effect the escrow sale of property in another county in California?
James's answer
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Answered on May 07, 2020
No valid lien if not recorded in the same county as the land.
Why was my friend told he cannot file bankruptcy unless he has enough money to cover his living expenses for 4 months?
James's answer
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Answered on May 06, 2020
It wouldn't be true for any bankruptcy rules. In a chapter 13 one needs an ongoing income to complete the plan which is at least 36 months in the...
I need help with discharge of judgment?
James's answer
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Answered on May 05, 2020
Your personal liability is already taken care of if your discharge of debts was entered.
The only reason you might need to do something extra is...
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