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My daughter faces bankruptcy and IRS debt. I got her a $6K car. How do I give her title (liability) without her losing the car
Lauren's answer
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Answered on January 14, 2015
In CA the bankruptcy exemption statutes provide for protection of equity in a car up to $5,100 and then there is a wildcard for roughly $26k that...
Archived
What does that mean and what will happen after this? What's the worst case scenario? What should i do, i can't pay anything!
Lauren's answer
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Answered on January 14, 2015
This is the step the creditor is taking to obtain a judgment against you since you did not answer the lawsuit. You do not want this because the...
I have been summoned for a credit card debt. How much does an attorney cost to help resolve the loan. I am offered $.60/ $1.00
Lauren's answer
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Answered on January 12, 2015
You need to decide whether its worth it to you to hire an attorney to perhaps get a better deal on resolving the debt. Most attorneys would charge...
Archived
What is the best interest of a person to file for bankruptcy before or after divorce?
Lauren's answer
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Answered on January 12, 2015
I agree with my colleagues that more information is needed to help you. There are benefits and drawbacks from filing pre and post divorce. Also,...
Archived
What would i file in probate court if Mortgage company violates TRO to stop foreclosure sale including advertising the sale?
Lauren's answer
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Answered on January 09, 2015
Wells Fargo can still have a sale date in place and advertise the sale. The TRO means they cannot actually sell the property. They must continue to...
Archived
Can a forclosure be stopped if its scheduled for auction in 30 dayz
Lauren's answer
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Answered on January 09, 2015
Yes. There are normally two ways to stop a foreclosure: 1) Bankruptcy; 2) Obtaining a restraining order after filing a lawsuit against the bank. An...
Archived
Bankruptcy. received some unemployment benefits while working part time/temp. EDD says I owe them $10k. Dischargeable in chap 7?
Lauren's answer
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Answered on January 09, 2015
Yes, the EDD over payment is dischargeable in a chapter 7 bankruptcy.
Archived
I want to file bankruptcy. I have around $25,000 in credit card debt. Will I be able to keep my 2 vehicles?
Lauren's answer
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Answered on January 06, 2015
You sound like a good candidate for Chapter 7 as long as your income qualifies. You should be able to keep the cars. Meet with a bankruptcy...
Archived
File for BK7 questions?
Lauren's answer
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Answered on January 05, 2015
I agree with my colleague. If you want to keep both houses, you needed to sit down with an experienced bankruptcy to see if you can protect the...
Can a lien be put on my Mobile home?
Lauren's answer
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Answered on January 02, 2015
Yes a lien can be put on your mobile home. Your wife could be liable. It seems like BK may be a good option for you to rid this debt prior to it...
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