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I have a question about being a vendor (DJ) with a

Hi yes I have a question about being a vendor (DJ) with a restaurant that was closing down and is facing bankruptsyJA: What state are you in? And has anything been officially filed?Customer: CA No they are trying to settle with us to prevent bankruptsy they owe me 1800.00 and want to settle with about 500.00 saying they are dispersing the funds they have between the vendors. if they go into bankruptsy it is highly likely we will see nothingJA: Has anything been filed or reported?Customer: as far as I know, they have not filed or reported anything. They just sent us letters to settle to prevent having to file.JA: Anything else you want the lawyer to know before I connect you?Customer: They made a mistake and the original document said 1200.00 they owed me and would pay me about 333. They are willing to pay me out of pocket the difference to get me the 500.00. Also - Just wanting to know if this is a good deal or not. I am super bummed to lose all that money. I would be willing to wait if there was any chance to get it if they did declare bankrupts... but it sounds like its not likely according to them. I just want to make sure that is an honest statement.

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NYCLAWYER

Attorney

Juris Doctor.

42,978 satisfied customers
Just filed for chapter 7. I have NOTHING but property. I do

Just filed for chapter 7. I have NOTHING but property. I do have equity in this property. My personal CC debt is approx $40,000.00 and my corporation (defunct) has $100K in CC debt. ( I personally signed for, no choice) The trustee is taking $45,000.00 out of the sale of my home. to pay off creditors. I am stunned by this amount.

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Terry L.

Partner

Doctoral Degree

3,002 satisfied customers
After 7 years of being in business, I have had to shut my

After 7 years of being in business, I have had to shut my trucking co operations down...would bankruptcy be my best recourse?JA: What state is this in? And how old is the truck?Customer: Tennessee....11 trucks (not all working), 11 trailersJA: Has anything been filed or reported?Customer: we have not filed with the secretary of state but have notified DOT of action and insurance coJA: Anything else you want the lawyer to know before I connect you?Customer: I owe lots of money

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DrakeLAW

Juris Doctorate

1,420 satisfied customers
I have run a corporation sub-s that has shareholders. the

i have run a corporation sub-s that has shareholders. the corporation filed a chapter 11 and its plan was confirmed and the case dismissed. i have been the only shareholder making the plan payments and want to collect from the other unwilling and non-paying shareholders. is it possible to sue the shareholders of which i am group for pro rate contribution?JA: Because laws vary from place to place, can you tell me what state this is in?Customer: the corporation is in new mexico where the bankruptcy was also done. the shareholders live in texasJA: Has anything been filed or reported?Customer: not sure how to answer this. what do you mean? filed or reportedJA: Anything else you want the lawyer to know before I connect you?Customer: no

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39,738 satisfied customers
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

35,054 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)

12,006 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

8,412 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

38,014 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

22,292 satisfied customers
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