What happens to the property in Foreclose after Bankruptcy chapter 7?

Typically if a property owner wants to keep the property that is in default, they would file a reorganization type of bankruptcy, such as Chapter...

Is writing an intent to sue letter required for fraud?

It's a good idea to send a demand letter. It puts them on notice of your claim. If they do nothing to mitigate damages (lessen the harm) then it is...

I have family member who's house is going into auction next week on the 27th. What are their options for protecting themselves.

What is your objection to the Chapter 13? It would be quick to do and would immediately stop the foreclosure and let them breathe. Also, I'm...

If you are going to be a 51% investor, you are really the "owner". You should retain an attorney to handle this for you as setting up, running, and...

How much in debt do you need to be before you can file bankruptcy? and how much does it cost for the whole procedure?

There are several "tests" the bankruptcy court uses to determine eligibility to file, and they depend on which chapter you are filing. So, you...

Do i have a foot to stand on?

You need to have an attorney negotiate this for you. There may be legal defenses to this note. In addition, the leverage that you have is the note...

I agree with the other attorneys about the bankruptcy case and how the RV was handled. However, aside from that, California has two avenues of...

If a plaintiff in Chapter 7 bk has a pending lawsuit asking for injunctive relief, can the trustee settle for a monetary amount?

If the value of the injunctive relief is substantial to you then you may consider "buying" the lawsuit from the trustee. The trustee is interested...

If the landlord wants to evict you, this is the first step. Read the notice in its entirety. It also is telling you that you are doing something in...

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Can I continue to do business with my company after bankruptcy?

You really need to consult with an attorney because this could play out in different ways. In Chapter 7, upon filing, the company is property of...