Tax returns and Chapter 7

Your facts stated are a bit confusing. If you filed your Chapter 7 "today", you won't get your debt discharged for approximately 3+ months. If in...

If someone receives money and property from a will and has debt of their own or declared bankruptcy can creditors take it

I'm not clear about this situation, but will just assume the person mentioned might receive money and property via a will when someone dies. There...

Your friend must include all debts, including yours, in his bankruptcy. That is required; he has no choice in the matter. That means, if he gets a...

My business can no longer pay its bills. What do I do about the lease?

Much more information is needed to give you any answer at all. You need to consult with a qualified bankruptcy attorney in your area to discuss...

While my ex and I were togher I co-signed a loan from him. He now went bankrupt. What can I do?

There may be nothing you can do. When you co-signed the note you became responsible for that debt. If your ex got a Chapter 7 discharge of his...

Can LLC members filing personal Chapter 7 bankruptcies affect their business assets?

Filing personal Chapter 7 bankruptcy allows all your assets that are not exempt from creditors under the bankruptcy law to be taken by the trustee...

Can the lendor of my partnership recours loan take away my s-corp assets?

If your creditor gets a judgment against you for that defaulted recourse loan, it would be able to execute the judgment against assets of yours...

Sure you can deposit money into a bank account after filing a chapter 7 bankruptcy. The issue becomes one of where did that money come from and was...

Can I file bankruptcy on an investment property in Myrtle beach that is worth 100,000 less than what I paid for it.

You don't file bankruptcy "on" a specific asset, you either file bankruptcy or you don't. If you do file, the filing includes all assets and all...

Signing stock certificate and signing it over to someone to avoid bankruptcy court of finding out so he didn't have to sell it.

I don't know that I understand everything that happened, but this "someone" committed bankruptcy fraud, a federal crime, by signing his stock...