Archived
Contracted individual using LLC to keep track of expenses - is income listed under business income or regular for Chapter 7 BK?
Jory's answer
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Answered on June 05, 2015
The key is consistency. If you calculate the income on the 22A-1 as business income, you need to treat it as business income on the Sch. I as...
Secured debt in Chapter 7 Bankruptcy - reaffirm or not?
Jory's answer
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Answered on June 02, 2015
You find yourself in the common position that a lot of Debtors do when they have debts owed to Credit Unions with cross-collateralization clauses. ...
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Can the bank make a foreclose action without notice a of default, or any other official letters?
Jory's answer
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Answered on June 01, 2015
Unfortunately, your health issues are not likely to have any impact on the legality of the foreclosure process. It will simply revolve around...
Archived
What happens to an LLC's debt when dissolved but has no assets?
Jory's answer
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Answered on May 28, 2015
As the sole member of the LLC, you have the obligation to properly wind up business operations. You need to contact the Dept. of Business...
Archived
I was deducted a fair amount of money from my paycheck and i send money already
Jory's answer
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Answered on May 21, 2015
It is always risky to make payments directly to your son's mother. You should contact the caseworker at the child support enforcement department...
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Archived
Debt collector didn't disclose who they were trying to contact?
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Answered on May 21, 2015
Consider how your question would change if the person left a phone message that identified your name, amount you owed to the Creditor, and other...
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Garnishment taken after I filed chapter 7
Jory's answer
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Answered on May 21, 2015
The Local Rules in the District of Utah identify that your Bankruptcy Attorney is responsible to represent your interests until the case has been...
In Utah can the Constable's office repo your car on a $500 judgement?
Jory's answer
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Answered on May 19, 2015
As Mr. Abraham has identified, if your vehicle is valued at more than $3,000, the Constable is capable of seizing it and later (after selling the...
Archived
I have two ATV where I am on title with my father. The title reads "or", will these ATV be considered an asset of mine?
Jory's answer
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Answered on May 05, 2015
The fact that the titles indicate "or" is an indication that each of you own the ATVs. They will be considered by the Trustee as potential assets...
Archived
“our daughter died and all she owned is a truck (with a loan) and 3 quads (4 wheelers
Jory's answer
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Answered on May 04, 2015
First, I am sorry to hear about your daughter. With respect to the vehicles, if she had listed someone else's name on the titles, it is possible...
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