Archived
Family law judge ruled against me on ex spouses tax debt previously discharged in my Chapter 7 bankruptcy. Is judgment valid?
Catherine's answer
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Answered on February 09, 2017
Some tax debt is dischargeable in bankruptcy. Whether tax debt is dischargeable depends on when the tax was due, when the tax returns were filed,...
Archived
Filing for Bankruptcy Chapter 7
Catherine's answer
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Answered on February 08, 2017
Your post petition chapter 7 income is not property of the estate. If I understand your fact pattern you now have 2 jobs. The job when you filed...
Is threathining bankruptcy to a debt collector illegal?
Catherine's answer
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Answered on February 08, 2017
It is not illegal to point out that if they file the lawsuit you have the right to file a bankruptcy.
Do I include a credit card discharge 1099C in my income or bankruptcy.
Catherine's answer
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Answered on February 07, 2017
The 1099C is included in your 2016 Tax Return because you received it before you filed your bankruptcy. Ask your tax preparer to file the form...
I have a pending personal injury lawsuit. I have filed a chapter 7 bankruptcy and am concerned that the trustee will take over
Catherine's answer
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Answered on February 02, 2017
Your lawsuit became property of your bankruptcy estate when you filed your petition. Depending on how you applied your exemptions, you may have...
Can I buy assets from a Chapter 11 bankruptcy?
Catherine's answer
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Answered on January 31, 2017
You can make an offer to purchase the properties. If the Debtor is receptive then permission is asked of the Court to bless the sale. For the...
How do bankruptcy attorneys discover all of your debt in order to include them in your filing?
Catherine's answer
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Answered on January 27, 2017
My firm pulls a specially prepare credit report for each client. We then send the client a copy and ask if the client knows of any other possible...
Archived
Can a wage garnishment be stopped?
Catherine's answer
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Answered on January 23, 2017
Your employer should have given you notice of the wage garnishment which includes the instructions to claim an exemption. Your first option is to...
Archived
Can a Ch 7 trustee come after my personal assets from a corporate Ch 7 bankruptcy? To avoid, can I dissolve my S corp?
Catherine's answer
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Answered on January 23, 2017
If you switch from a Ch 11 to a Ch 7 Business Bankruptcy a few things happen. First, if you paid yourself when you were not paying creditors the...
How does bankruptcy Chapter 5 differ from 7, 11 and 13?
Catherine's answer
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Answered on January 19, 2017
As the attorneys have stated, there is not chapter 5, you are probably referring to Section 541, which identifies property that is part of a...
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