I agree with the fellow answering attorneys. In Federal Court you need to Admit, Deny or defer the answer per paragraph. You may also add a...

Living in California, can my outstanding FAFSA federal student loan affect my wife's credit?

It could possibly affect her if they obtain a judgment. Then they can recover property; even if community property. You should seek the advice...

What happens at a business bankrupacy proceedings/trial?

No discharge for LLC. Why are you filing? If you want to dissolve, you can file a certificate of dissolution and cancellation with the...

Plan on filing BK. I gave a car to my son 10 months ago, would this affect him? He is located in another state.

Seem like a few of my colleagues have already addressed the issue of "fraudulent transfer". This is a very "sticky" area of the bankruptcy code...

I need advice on my Chap. 7 in regards to our exemptions.

The Trustee is very powerful and can question the accuracy of your petition. He/She may request additional documents including insurance...

In the event of a foreclosure or short-sale, are BOTH the 1st AND 2nd loans non-recourse in the state of CA.

there a few exceptions, but the general answer is NO. If it is your primary home, purchase money loan, no fraud and foreclosure via Trustee sale,...

Hi, How and who can help me fix my credit? Is it normal that after 3 months I am still showing negative accounts in my credit?

I recommend sending a copy of your discharge order (you should receive from the Court approximately 12 week after your trustee hearing) to all...

Green light for me and i was driving straight up when suddenly a vehicle dash across and hit my car, what to do?

Get the witnesses information. You'll have a chance to impeach them later at trial or in preparation of trial. Make sure you identify the witness...

How many months/years is a bankruptcy trustee able to use income I receive to pay off debtors?

It depends: if the "funds" are from an agreement made prior to the filing, then the Trustee can attempt to claim them as assets of the estate. ...

I filed a lawsuit last year to prevent a wrongful foreclosure. I am in pro per and I have a fee waiver from the court. My home

Starting fresh would mean the litigation would start over. You will have to file and seek another review of the fee waiver. You will have to...