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Husband has run up huge personal debt Im afraid he'll file bankruptcy is quit claim an option to protect real estate
Kendall's answer
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Answered on June 22, 2014
The transfer of assets from one person to another prior to filing bankruptcy would be regarded as a fraudulent transfer [or "fraudulent...
Archived
Can I file bankruptcy without my husband if we are mutually paying for a hose and cars?
Kendall's answer
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Answered on June 19, 2014
Yes you can file without your husband, but you'll need to consult with a local attorney to work out all the details.
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Thinking of filing ch 7 bankruptcy,
Kendall's answer
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Answered on June 17, 2014
It’s importance to understand the difference between “income” and “assets.” The inheritance could be your wife’s separate property asset, which...
Archived
Does filing for bankruptcy eliminate federal and state income tax debt?
Kendall's answer
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Answered on June 16, 2014
The answer is...."it depends!" There are 5 conditions that you have to satisfy in order to eliminate income tax debts through bankruptcy:
(1)the...
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I received a modification, however I cannot repay my credit card debt. Should I include the home in chapter 7 bankruptcy as well
Kendall's answer
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Answered on September 21, 2011
Even though I am in California while you're in Arizona, I can still answer your question.
If you are going to file bankruptcy, you don't get...
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Motion to Impose Automatic Stay
Kendall's answer
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Answered on September 06, 2011
You will need to file a motion to extend the automatic stay.
So you previously filed BK, got dismissed, and you have re-filed. In that case,...
Archived
If I file Chapter 7 Bankruptcy, will I lose my house in Pennsylvania?
Kendall's answer
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Answered on September 04, 2011
If you earn $99,000 a year, then you may need to file Chapter 13 instead of Chapter 7. When your income is that high, you might not be able to...
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Re: Ch 7 - If sole prop sells the business for $$ equal to exemption to a son; an appraisal comes in for amount = exemption...
Kendall's answer
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Answered on September 02, 2011
No.
I agree with the answer posted by Mr. Araujo. You don't think your proposed transaction will look suspicious to a Chapter 7 Trustee, when...
Archived
What if a refund comes after the discharge. Do you have to give it to the trustee?
Kendall's answer
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Answered on September 01, 2011
The discharge and the closing of a Chapter 7 case are two separate events. You may receive a discharge while the Chapter 7 Trustee leaves the case...
What is the foreclosure process after bankruptcy?
Kendall's answer
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Answered on August 31, 2011
Was your home already in foreclosure before you filed Chapter 7? To be more specific and particular, did you already receive a Notice of Default? ...
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