Car Accident: Insurance will not cover, collections is after me. What are my options?

The denial of insurance coverage on your policy seems odd, unless you insurance did not cover the vehicle you were driving. In California,...

My sister has significant debt and is having trouble meeting monthly financial obligations. Is Chapter 13 bankruptcy an option?

The benefits of Chapter 13 Bankruptcy is that is allows a property owner, who may be behind on their payments, time to catch-up and retain the...

My dad would like to delete one minor beneficiary from the living trust, keep everything else the same.

Based on your description, and barring any language in the trust to the contrary, if the only item being changed is the naming or deletion of a...

Can you explain how to state on schedule for chapt 7 homestead exemption

Do you need to use the homestead exemption if you have a mortgage on the property? I usually only use the homestead if the property has...

My ex company filed for chapter 11 and is not releasing my last month payment

You should file a claim with the bankruptcy court. You can find a copy of a claim form on the U.S. Bankruptcy Court's web site at...

If your husband is the trustee of an irrevocable trust and his parents' assets were properly placed in the trust, only your husband can manage the...

Can my dad's new wife contest the will that i will me making with him soon if she is not listed in it?

There are a couple of ways to make the will bulletproof. The best way to avoid a will contes is your dad could ask his new wife to sign a...

Will we be able to keep our car if we file for bankrupcty

I agree with my colleagues. I would add that the Trustee will look at the value of the vehicle versus the debt owed, after taking the allowed...

I am single, have five properties. 1 was recently foreclosed on. I have another at risk & 1 is lease optioned. Is BK for me?

I agree with my colleague. You should speak to a qualified attorney who can discuss your entire financial picture to determine whether bankruptcy...

If something is in the trust's name, can we refuse to distribute the trust asset to the successor trustee?

Are you the trustee? You should have a copy of the trust and have it reviewed by an attorney who can advise you on your duties. The certification...