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I was Personally Suit in a Civil Case - unfortunately the

Hi, I was Personally Suit in a Civil Case - unfortunately the Jury has decided against me . The Judge final hearing is in 30 days on potential damages. Wanted to know the options for bankruptcy protection. Since I was suit personally, would like to protect my family before the final judgement is issued. Last, i operate a very small LLC company - want to make sure the personal claims do not escalate against my business. Please advise on the best bankruptcy protection option and the possible cost. Thank you

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Roger

Litigation Attorney

Doctoral Degree

34,606 satisfied customers
A debtor (a rogue patent attorney my company is suing for

A debtor (a rogue patent attorney my company is suing for fraud) filed a 11th hour ch. 13 petition the night before our fraud trial was set to start.He just filed his final schedule with the bankruptcy court and I have lost count of the number of lies and omissions he has on his finalschedule.For example, he cited that he grossed $140K in 2014 but we have bank statements and his deposition testimony from our fraud lawsuit against him where he confirmed that he actually grossed well over $400K (didn't pay any taxes on that money either).Does every lie count as a single fraud act or would all 30+ of his lies/omissions count as a single act....we are trying to get a sense of how serious this bankruptcy fraud situation might be for him.

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TJ, Esq.

Juris Doctor (JD)

11,622 satisfied customers
I own a C-Corp in Illinois. The "assets" are 2 taxi

Hi,I own a C-Corp in Illinois.The "assets " are 2 taxi Medallions,valued at 120,000 combined and 1 car ,valued at $5000.But my medallions loan is $500,000,so Im totally "underwater".(the Medallions values decreased from $350,000Also,to note that Im a personal guarantor on the Medallion Loan of $500,000 .Questions:1)Can I file personal Bk chapter 7 anytime ,and include the Corp Debt in my personal Bk,since I'm a guarantor?(And they gave me a notice of intend to foreclose on the medallions,the will probably seek a judgement against me personally,since my company doesn't have any other assets,except for the car valued at $5000)?Or I would have to wait for the Lender to foreclose and then file C Corp Bankruptcy,and then my personal bankruptcy?Or ,when they obtain a Judgement (probably in my personal name),I can file personal Bk at that time,and avoid filing C Corp Bankruptcy?(I would prefer to keep my corporation open,as Im working as a Limousine driver and getting paid on my company name;I make about $4000 a month...)

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Maverick

Doctoral Degree

7,426 satisfied customers
My wife and I own S-corporation in California. We owe about

Hello,My wife and I own S-corporation in California.We owe about $50,000 for tax money but we want to file a bankruptcy because we cannot pay this debt.What is our responsibility?

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Texas Atty

Juris Doctor

37,212 satisfied customers
February 21, 2014 before we filed our Chapter 7 April 21,

February 21, 2014 before we filed our Chapter 7 April 21, 2014. EMC Mortgage Corporation former subsidiary of JP Morgan Chase Bank, was listed as creditor and fraudulent interested party. We received confirmation our bankruptcy plan October 14, 2016 in our chapter 13 filed April 29, 2016 but on November 10, 2016 the attorney claiming to represent EMC Mortgage LLC filed their Praecipe for Sale and an appearance violating the bankruptcy plan injunction. We were not served the pleadings and we only learned about the filing by accident in the CSR online at mycase.in.gov. I went to the courthouse and I tried to get a copy of the praecipe for sale. I got the run-around, multiple clerks were unable to locate the pleading. I filed notices to both (bias) Indiana Court of Appeals and (bias) Marion County Superior Court about the confirmation of the bankruptcy plan. Also I informed the trial court that Chase Rep. stated they would contact these rouge attorneys within 24 hours to cease and desist November 23, 2016 because we had already received a foreclosure prevention action as of January 8, 2015 from Chase, chase stated they could not validate the debt. Chase has repeatedly stated we didn't own them anything or have to do anything to receive the modification. It appears the rouge attorneys are desperately trying to steal and sale our home without the Note, Mortgage, Trust Deed, and 2 missing mortgage release, without a hearing for Summary Judgment using fraudulent documents over and over again, sent from Black Knight Financial Services out of Irving, TX, formerly (LPS) infamous Lenders Processing Service of 60 minutes and YouTube fame, ***** ***** robo-signature, ignoring the wishes of Chase and proceeding with litigation.Question: Should I file something in Bankruptcy Court that the creditors are violating the injunction after the bankruptcy plan was confirmed? What type of pleading should I file?

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Phillips Esq.

Attorney

Juris Doctor

20,692 satisfied customers
If my wife and I have a "joint savings and checking" could

If my wife and I have a "joint savings and checking" could the person getting the judgment against just me touch that money since the accounts in both names? Or would I have to give up half? How's that work in the state of TN?Also what about vehicles in both names?I'm being sued currently by a corporation for violation of confidentiality agreement. They are looking to take my assets

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legalg

Juris Doctorate

16,138 satisfied customers
I use 2 "personal" credit cards used solely for the company

I use 2 "personal" credit cards used solely for the company expenditures i do not put personal items on them. (Cards are in my name) My employees also use these same cards from my personally guaranteed account that i had issued to them for company expenses The cars are not in the company name. The cards get paid directly from the company accounts every two weeks or so to keep the balances low. Most of our expenses go on them. We have this written into our corporate structure and addressed in the minutes as to how reimbursement occurs.Also I have Leased a new auto 5 months ago, the lease is in my wife's name because i could not get the loan and the business didn't have the credit to do so either. Myself and my employees use it solely for business travel around the unite states and procurement of sales etc. The business pays for the lease on this car directly from the business account to the leasing company.Would any of this pose an issue to a trustee in a corporate bankruptcy OR if a company sueing us tried to pierce the corporate veil after a judgment was handed down to the business.

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TJ, Esq.

Juris Doctor (JD)

11,622 satisfied customers
If you file for personal bankruptcy in Florida and you own a

If you file for personal bankruptcy in Florida and you own a corporate asset, is that corporate asset considered separate from your personal assets? In other words, is it safe from being taken? Also, is a primary residence protected in bankruptcy?

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LawGuy

Juris Doctor

41,260 satisfied customers
Is Native Corporate Restructure Ltd legit, or is it a scam?

Is Native Corporate Restructure Ltd legit, or is it a scam? How can they help me?JA: Because consumer protection law varies from place to place, can you tell me what state this is in?Customer: Their ofiice is in***** West Seneca, New YorkJA: Has anything been filed in civil court? If so, what?Customer: Nothing has been filed. They are offering to file a legal injunction against lenders to have the debt frozen for 20 business days due to usury law. Then to have the debt reduced to 60 cents on the dollar and extend the term.JA: Anything else you want the lawyer to know before I connect you?Customer: Is this a free service? I have no money right now.

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Texas Atty

Juris Doctor

37,212 satisfied customers
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