Archived
When filing Chapter 7 bankruptcy in the state of Florida, how many and what kind of personal exempt items can you keep?
Michael's answer
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Answered on April 26, 2009
I am sorry for your frustration, but you should understand that an attorney's advice is what people pay for. We went through three years of school...
Archived
Will 1099-C debt relief tax liability be eliminated through Bankruptcy -- even after discharge?
Michael's answer
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Answered on March 25, 2009
Many people receive these 1099s for 'discharge of indebtedness' income, but many are not required to claim it as income. There are two exceptions....
Archived
My daughter is filing for bankruptcy but she has a harrasment lawsuit pending what will happen if she receives a settlement
Michael's answer
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Answered on March 22, 2009
The short answer is, some potentially bad things, and possibly some VERY bad things. The right to sue someone is an asset of the bankruptcy...
Archived
If u get served summons papers can u still file for bankruptcy
Michael's answer
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Answered on March 22, 2009
Although I'm not admitted in your state, I can give you general advice. A bankruptcy can be filed at this point, but whether or not you can keep...
Archived
I have chapter 7 discharge.did not reaffirm debt for a car and make timely payments. What info is the Lender required to tell me
Michael's answer
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Answered on March 22, 2009
I'm not admitted in your state, but I can provide you some general guidance. I can tell from your question that you probably filed your case...
Archived
If i go bankrupt will I lose my home, I have not been working but I have been paying my morage
Michael's answer
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Answered on March 08, 2009
You need the help of local Maryland counsel to answer this question. States vary regarding their homestead exemptions, and an attorney admitted in...
Archived
What is a normal anticipated fee for Chp 7 bankruptcy filing
Michael's answer
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Answered on March 08, 2009
Most attorneys provide free consultations where they will outline their fee structure. Some charge hourly but most charge a flat rate in the range...
Archived
Can filing a personal bankruptcy seize a business?
Michael's answer
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Answered on March 08, 2009
Florida law dictates what kind of assets your father will be able to keep if he files chapter 7. If he intends to keep his home, he will be...
Archived
If a debt is posted to my credit report, how do I get the collection company to stop calling?
Michael's answer
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Answered on March 08, 2009
The collection agency MAF is a common one. Under the FDCPA, you should send them a certified letter, return receipt requested. Your personal...
Archived
Is a home protected in florida from creditors, whether in bankruptcy or not?
Michael's answer
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Answered on February 01, 2009
To add to my prior answer, filing bankruptcy can somethimes cap the allowed amount of equity, depending on if the home was acquired in the last...
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