Archived
I owe an individual an old debt, and he is harassing me, calling me at work, talking with third parties, etc. What can I do?
Malcolm's answer
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Answered on February 11, 2010
The person attempting to collect the debt is the original creditor, not a later-assigned collection agency, and the original creditor is not bound...
Archived
How many tax returns do I have to provide when I file for BK. Also, I am self-employed
Malcolm's answer
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Answered on February 02, 2010
Please see the answer I gave to your other similar question.
Archived
In bankruptcy, If your self-employed will they require that I provide tax returns. I am a realtor.
Malcolm's answer
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Answered on February 02, 2010
The main issue here is that the bankruptcy trustee will want to know if you'll be receiving a tax refund that could be given to your creditors. You...
Archived
I own my home and car free and clear in California. I may have to file for bankruptcy and I do not want to lose my homr or car.
Malcolm's answer
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Answered on February 02, 2010
The short answer is it depends on how much your house and car are worth at this time. If they are worth more than you can "exempt" from creditors...
Archived
CALIFORNIA BANKRUPTCY: She takes mortgage and I take equity.
Malcolm's answer
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Answered on December 20, 2009
Discharging that equity line in a Chapter 7 bankruptcy would be problematical for you. Without knowing the exact details of your situation, in...
Archived
If my husband is filling chapter 7 and i dont need or want to file how does it affect me?
Malcolm's answer
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Answered on December 08, 2009
California is a "community property state", meaning that in general, all income from either spouse and the things bought with that income are...
Archived
Credit card payments in bankruptcy
Malcolm's answer
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Answered on December 08, 2009
What you are referring to are known as preferential payments to creditors, and the bankruptcy trustee can get those returned and distributed to all...
Archived
If we file Chapter 7 bk, include our house which is in fc, a repo, plus other creditors, will our savings be touched?
Malcolm's answer
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Answered on December 08, 2009
When you file a Chapter 7 bankruptcy, your assets fall under the control of the bankruptcy trustee whose job it is to distribute them, or the...
Archived
If I file for chapter 7 will I lose my property?
Malcolm's answer
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Answered on December 07, 2009
In general terms, if you file Chapter 7 bankruptcy (to discharge your debts) the trustee in bankruptcy gets control of your assets which may be...
Archived
Should we file Chapter 7 or Chapter 13?
Malcolm's answer
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Answered on December 07, 2009
In general terms, if you file Chapter 7 the trustee in bankruptcy gets control of your assets which may be sold and the proceeds distributed to...
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