Archived
Can someone please explain to me how the home exemption 44-13-100(a)(1) work?
Michael's answer
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Answered on March 18, 2016
"In the event title to property used for the exemption provided under this paragraph is in one of two spouses who is a debtor, the amount of the...
Archived
Huge mistake - overspent and now may need to file for bankruptcy
Michael's answer
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Answered on March 11, 2016
The $30k profits spent in the last few months may cause headaches for you and whomever received that $30k. Bankruptcy can't do anything for taxes...
Archived
Do I have to advise the trustee of my plans to waive my discharge or convert to another chapter?
Michael's answer
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Answered on March 10, 2016
What you want is a voluntary dismissal or conversion under 11 USC 707. The Trustee gets notices of whatever gets filed in your case. Generally...
Archived
Can I file bankruptcy on my debts without involving my spouse?
Michael's answer
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Answered on February 24, 2016
Having never practiced in one of the community property states, I have no idea how that affects what marital debts that should go into a petition...
Archived
If I stop paying my loan completely and they come and repossess the car, can they still sue me for the deficiency?
Michael's answer
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Answered on February 05, 2016
Yes, they could sue you for a deficiency.
What is the deadline to object to a proof of claim in a chapter 7 asset case?
Michael's answer
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Answered on December 17, 2015
Mr. Riddle is correct (as always). It's the Trustee's job to object to claims and he or she will object because they bill by the hour at rates...
Archived
Question is, is there something that we need to do to have that motion responded to quickly or at least in the near future?
Michael's answer
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Answered on December 17, 2015
You have what's called a discharge injunction (section 524) violation, not an automatic stay violation. In a "no asset" Chapter 7 case, all debts...
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Archived
Can I legally invest in real estate under my companies name even if I'm in a Chapter 13 bankruptcy?
Michael's answer
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Answered on September 02, 2015
Assuming it's Georgia property you have to have a broker's license to legally get paid for getting buyers and sellers together on real estate...
Archived
If I decided to file for bankruptcy, should I file Chapter 7 or 13?
Michael's answer
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Answered on September 02, 2015
I flipped my bankruptcy coin and it landed on 7. File a 7.
Archived
Will Chapter 7 get rid of my garnishment?
Michael's answer
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Answered on August 18, 2015
Garnishment stops. Money garnished can be returned. you no longer owe the money in chapter 7 but the house does. if you file chapter 13, where you...
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