In a Chapter 7, can I keep my business open provided all my "tools of the trade" are exempt?
If your business is a sole proprietorship and also has a "storefront" so the public can come in, you would be at risk of having the trustee shut it...
San Rafael, CA
Bankruptcy and debt Lawyer at San Rafael, CA
Practice Areas: Bankruptcy & Debt, Foreclosure ... +2 more
If your business is a sole proprietorship and also has a "storefront" so the public can come in, you would be at risk of having the trustee shut it...
I'm not clear about the facts you set out, but I assume you mean that the SBA loan of $850,000 that was included in your prior chapter 7 is the...
I've had clients who traded their old car for a new one right before their bankruptcy filing with no problems. Whether or not not that's a good...
Based only on what you've said, your options regarding bankruptcy would be: 1. Be OK with giving up the house because you can't afford it,...
Chapter 13 allows you to pay off your back mortgage payments monthly over time so you don't lose your house. There is lots more to it, so you...
In a Chapter 13 bankruptcy, you get to keep your assets (including your share of the partnership). Your share of the partnership is an asset which...
Please be more specific about the court fees. Exactly what are they?
If this creditor is like most credit card issuers, they won't settle for less than the full amount unless you can pay them that amount in a lump...
The only reason for you to attend the creditors meeting is if you wanted to ash her questions. Most lenders don't do that, usually only angry...
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What you propose (a spendthrift trust) is not possible. You are in dangerous territory trying to navigate your situation on your own. Discuss this...