Archived
Can my father apply for bankruptcy as he is unable to pay his debt .he might go on permanent disability if he can't walk...
Malcolm's answer
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Answered on December 14, 2010
It's possible that your father could benefit from filing bankruptcy. You should know, though, that in general student loans are not dischargeable...
Archived
Bankruptcy vs Debt Negotiations
Malcolm's answer
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Answered on December 11, 2010
If you have a client right now who may need to file bankruptcy, you need to either get help from an experienced bankruptcy attorney in your area or...
Archived
Can a auto accident monthly settlement annuity be garnished in a Ch. 7 BK? We would be converting a 13 to a 7.
Malcolm's answer
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Answered on December 11, 2010
The income stream is an asset of yours and therefore is a part of your bankruptcy estate and available for the trustee to take for the benefit of...
Archived
I'm being sue for unpaid credit card(20000).can they take my house away?
Malcolm's answer
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Answered on December 08, 2010
Dorothy G Bunce gave you a very good answer. I'll add a shorter one which is that lawsuits by creditors are often the thing that gets debtors to...
Archived
My Ch 7 bankruptcy was discharged in June. The mortgage was not included.
Malcolm's answer
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Answered on December 06, 2010
I'm not clear what you mean by "The mortgage was not included" in your Chapter 7 bankruptcy. You were to list all of your debts and that includes...
Archived
What figures do I put in columns 3 and 4 in schedule C?
Malcolm's answer
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Answered on December 01, 2010
Column 4 on Schedule C is the current market value of the asset, the same as you entered for that asset on Schedule A or B, so in your example...
Archived
What happens to cash in my corporation's account if I file personal chapter 7 bankruptcy?
Malcolm's answer
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Answered on November 26, 2010
In general, your bankruptcy estate includes all your assets and will be available to creditors except for items you can exempt under Florida law....
Archived
I am behind on unsecured debt.Lawsuits are being filed.I own a small buisiness thats barely hanging on.
Malcolm's answer
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Answered on November 23, 2010
You didn't say if your business was incorporated in some way or was a sole proprietorship. If the latter, your business account is really your...
Archived
Is there a way to stop one bank from
taking money from another account in another bank?
Malcolm's answer
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Answered on November 23, 2010
The credit card company can't be forced to work with you to reduce or modify your obligation to pay the court judgment, and they may be able to use...
I filed Ch 7 bk and intended to reaffirm a car loan but was not able to due to negative DMI. Now now the repo people are here.
Malcolm's answer
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Answered on November 21, 2010
Whether you can "pay and ride" without a reaffirmation agreement depends on the loan company ("No" for Ford Credit) and also the particular court...
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