Archived
Can i use federal bankruptcy exemptions for Hawaii if I live in California now? Have lived in Los Angeles for 12 months
Ronald's answer
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Answered on October 06, 2015
The first determination is what state is considered your "domicile". You must ordinarily live in the current state for two years for it to be your...
Archived
If i closed my bank account then open a new bank account before filing for bankruptcy will the trustee be suspicious?
Ronald's answer
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Answered on October 06, 2015
Moving money from one account to another should not be an issue in a bankruptcy filing and is recommended in some cases for various reasons,...
Archived
Bankruptcy problem
Ronald's answer
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Answered on October 06, 2015
Although not everyone will agree with the answer, I think that the creditor that allowed that recorded Abstract to affect your real property is...
Archived
If a debtor in bankruptcy chptr. 13 fills out their schedule d where it states Nationstar Mortgage holds a secured claim, but
Ronald's answer
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Answered on October 01, 2015
Schedule D lists claims secured by property of the debtor. At this point, the debtor is obligated on the account, but doesn't own the property...
Archived
Filed ch. 7 BK in July and included my home. bank has filed a motion for the stay to be lifted. How long can I live in the house
Ronald's answer
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Answered on October 01, 2015
This is a fairly common situation and question. First, if you filed in July, the Automatic Stay would normally be in place until about the end of...
Archived
Start up and Bankruptcy
Ronald's answer
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Answered on October 01, 2015
11 USC Section 541 requires you to list all assets on Schedules A and B. How you list this "start up" will depend on whether this is a...
Archived
Hi,
What to do if a California C-Corp owes taxes but it's close to bankruptcy? Will govt also chase shareholder?
Ronald's answer
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Answered on October 01, 2015
Generally, in California and in relation to the IRS for federal taxes, the officers and directors of a corporation are liable for unpaid taxes,...
Archived
How will a bankruptcy affect my divorce case?We own a house a paid for truck and a race car
Ronald's answer
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Answered on September 30, 2015
There is a lot to your question! Without asking you more questions and finding out more about your situation, I can't give a complete answer, but...
Archived
I'm seriously considering filing Bankruptcy. What happens with the following $3,000 loan? This is part of the signed agreement.
Ronald's answer
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Answered on September 29, 2015
I am basing this answer on the limited facts you provided. You didn't mention specifically which clause in that contract section you were...
Archived
In chapter 13 last chaper 7 filed november 2007. november 2015 can i covert my chapter13 to chapter 7.?
Ronald's answer
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Answered on September 29, 2015
Whether you would be eligible to receive a discharge under chapter 7 based on the information you provided.
As you may know, the time period...
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