How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.

Ask TJ, Esq. Your Own Question

TJ, Esq.
TJ, Esq., Attorney
Category: Bankruptcy Law
Satisfied Customers: 10489
Experience:  JD, MBA
Type Your Bankruptcy Law Question Here...
TJ, Esq. is online now
A new question is answered every 9 seconds

I am about to be served with a bankruppcy petion, please ...

Customer Question

I am about to be served with a bankruppcy petion, please could you tell me what this means? Can l fight this or does this mean that l will be forced bankrupt, l have been accepted an a debt managment but only one company is against this, and the company is a company l never owed money too, it came about through a ex going bankrupt years ago but are chasing me not for 27 thousand. Will the judge listen to my case if this goes to court, as l have said l will pay through the debt managment, as l can not find that sort of money. l have tried to fight the fact that this is nothing to do with me, and this is what it has come to. How un fair its a nightmare, that l could lose the home my parents live in.
Submitted: 7 years ago.
Category: Bankruptcy Law
Expert:  TJ, Esq. replied 7 years ago.

Hello and thank you for allowing me to address your legal question. Before I can answer you, I need a little more information.

What do you mean that you are about to be served with a bankruptcy petition? Do you mean that somebody who is going bankrupt owes you money, and that you will be forced into bankruptcy if you don’t get paid?

What kind of debt did your ex owe and when did he/she get this debt (i.e. while married to you, before being married)? Also, what is your state?

Thank you.

Customer: replied 7 years ago.
Reply to BoredAtty's Post: Hi there
About 2 and half years ago a girl that l was seeing went bankrupt.
I had never lived with this person, and she went through a difficult time with the home she owend and l helped her to buy things helped her out with work done on the home, but never kept records of paymnts l made, and bought her a car as we where then together. We had stopped seeing each other for quite a time and l said a house was coming up for sale and that l would need the money back that l had given to her and offered her fisrt refusel to rent the house l was buying, She gave me 27 thousand and paid it to my solicoter who was buying the property. She has no holds on the property as this is mine.
At the time she also had around 10 thousand left over, so l belive she was solvent when she paid me the money.
I had nothing to do with this persons debts or waht she spent the money on, but about 8 months ago a solictors firm have been chasing me for the 27 grand she gave me. They have now sent today a pettiton for my bankrupcy, and the hearing is in 4 weeks. I do not have this kind of money and have offered them a payment through a debt management company but they refused and sent this pettion today. Do you think that a judge will listen to my case as this is not my debt, but it has gone to the stage now that l have to pay this. Do you think the judge will see l will make a payment but in installments, or do you think he will just make me bankrupt.
Many thanks
Expert:  TJ, Esq. replied 7 years ago.

Are you in the US? I ask because you didn’t mention where you are located, and you use the word “solicitor” rather than attorney or lawyer. I have little knowledge about British law, so my answer is limited to US law.

In the US an asset may be considered to have been fraudulently conveyed within two years prior to the filing of a bankruptcy petition according to the following:

11 USC § 548. Fraudulent transfers and obligations


(1) The trustee may avoid any transfer (including any transfer to or for the benefit of an insider under an employment contract) of an interest of the debtor in property, or any obligation (including any obligation to or for the benefit of an insider under an employment contract) incurred by the debtor, that was made or incurred on or within 2 years before the date of the filing of the petition, if the debtor voluntarily or involuntarily--

(A) made such transfer or incurred such obligation with actual intent to hinder, delay, or defraud any entity to which the debtor was or became, on or after the date that such transfer was made or such obligation was incurred, indebted; or


(i) received less than a reasonably equivalent value in exchange for such transfer or obligation; and


(I) was insolvent on the date that such transfer was made or such obligation was incurred, or became insolvent as a result of such transfer or obligation;

(II) was engaged in business or a transaction, or was about to engage in business or a transaction, for which any property remaining with the debtor was an unreasonably small capital;

(III) intended to incur, or believed that the debtor would incur, debts that would be beyond the debtor's ability to pay as such debts matured ; or

(IV) made such transfer to or for the benefit of an insider, or incurred such obligation to or for the benefit of an insider, under an employment contract and not in the ordinary course of business.

It sounds like you may have a problem since you did not keep records of what you loaned your friend. To the trustee, it appears that your friend gave you a bunch of money for nothing in return, and then filed for bankruptcy. You say that this is not your debt…if you can prove that to the judge, then you may not have to repay it. I suggest that you gather whatever documents you do have that proves what the friend owed you, and then try to convince the judge that she did receive adequate value in exchange (for example, you bought her a car so you must have some record of it…a sales agreement perhaps, and the documentation that shows that it was registered in her name). If you are not successful in proving to the judge that there was no fraudulent conveyance, then you will have to repay the trustee. Since you cannot do so in a lump sum, the trustee will have no choice except to take what he can get from you (as the old saying goes, you can’t squeeze water from a rock). I do not think a debt management company will be able to help, nor do I think filing for bankruptcy yourself will help (debts obtained fraudulently cannot be discharged in bankruptcy).

I know that’s not what you wanted to read, but I hope I answered your legal question. If so, then please remember to ACCEPT my post as that is the only way I will receive credit and compensation for my answer. However, please understand that my answer is meant for informational purposes only and is limited by the facts presented. Therefore, it should not be construed as “legal advice” and is not an adequate substitute for the retention of legal counsel. Thank you and good luck!

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

  • Mr. Kaplun clearly had an exceptional understanding of the issue and was able to explain it concisely. I would recommend JustAnswer to anyone. Great service that lives up to its promises! Gary B. Edmond, OK
< Last | Next >
  • Mr. Kaplun clearly had an exceptional understanding of the issue and was able to explain it concisely. I would recommend JustAnswer to anyone. Great service that lives up to its promises! Gary B. Edmond, OK
  • My Expert was fast and seemed to have the answer to my taser question at the tips of her fingers. Communication was excellent. I left feeling confident in her answer. Eric Redwood City, CA
  • I am very pleased with JustAnswer as a place to go for divorce or criminal law knowledge and insight. Michael Wichita, KS
  • PaulMJD helped me with questions I had regarding an urgent legal matter. His answers were excellent. Three H. Houston, TX
  • Anne was extremely helpful. Her information put me in the right direction for action that kept me legal, possible saving me a ton of money in the future. Thank you again, Anne!! Elaine Atlanta, GA
  • It worked great. I had the facts and I presented them to my ex-landlord and she folded and returned my deposit. The 50 bucks I spent with you solved my problem. Tony Apopka, FL
  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK

Meet The Experts:

  • Terry L.


    Satisfied Customers:

    Better Business Bur 15yrs bankruptcy experience. Chicago Bar
< Last | Next >
  • Terry L.'s Avatar

    Terry L.


    Satisfied Customers:

    Better Business Bur 15yrs bankruptcy experience. Chicago Bar
  • cortrightlaw's Avatar



    Satisfied Customers:

    Attorney practicing Bankruptcy Law including Chapter 7, Chapter 11, Chapter 12, and Chapter 13.
  • dylatess's Avatar



    Satisfied Customers:

    37 plus years of experience specializing in bankruptcy law
  • JoeLawyer's Avatar



    Satisfied Customers:

    Attorney in the practice of Bankruptcy Law since 1996
  • Brent Blanchard's Avatar

    Brent Blanchard

    Bankruptcy Attorney

    Satisfied Customers:

    Twelve years experience in all aspects of debtor & creditor BK.
  • A.J.'s Avatar



    Satisfied Customers:

    Experienced consumer bankruptcy attorney.
  • Fritz's Avatar



    Satisfied Customers:

    Florida attorney with extensive experience in Chapter 7 and Chapter 13 consumer bankruptcy cases
Chat Now With A Bankruptcy Lawyer
TJ, Esq.
TJ, Esq.
917 Satisfied Customers