Will Chapter 11 protect surviving party of defunct corporation with debt (principal is deceased)?

I agree with Mr. Press and Mr. Weed - unless you are a guarantor, co-signor, or have certain kinds of tax liabilities, the corporations liabilities...

Include recent Medical Bills in Ch. 7 BR case?

I agree with all of my colleagues. However, I would ask a couple more questions: Why do you have to file on 11-22? Are you being sued? Are your...

Mall business I have 3 years left license agreement..if I file chapter 11 can I stay on the business 2 month to pay the rent..

Chapter 11 is often an expensive and complicated process. Why did you think that it would be right for your business? Are you being sued for...

A Sheriffs sale is scheduled for December 18 2013 on my house, if I file for a Chapter 7 BK will that delay the sale

Yes. When you file for bankruptcy (Chapter 7, 11, or 13) something called the 'automatic stay' generally goes into effect. The automatic stay is a...

Can the owner of a company filing Chapter 11 pay off debts that are to himself?

I agree with my colleagues, particularly Mr. Morris and Mr. Avenesian. I would just add, that in addition to equitable subordination, you may also...

Does it likely that cards creditors show up for the BK7 meeting ?

I completely agree with my colleagues - particularly Ms. Bunce and Mr. Caldwell. I would just like to add that in my personal experience, creditors...

In a Chapter 11 you don't automatically have the right to voluntarily dismiss your case like you do in a Chapter 13. You can file a motion to...

Does anyone have some links to filing a Chapter 11 in NAFTA?

I believe that you have posted your question in the wrong area of law. It is an understandable confusion. As other posters have mentioned, a...

Selected as the best answer

What is the SOL for unsecured credit card debt in WA State? Does the SOL start with the original credit card company?

Mr. Eblen is correct - the SOL for credit card debt in WA State is generally 6 years. The SOL begins to run from the last time that you acknowledge...

I do not practice in New York either, but in my experience it depends on the lender. On a recent case I worked on, we had an almost identical...