I am filing bankruptcy chapter 8. Only income is disability.
I am filing bankruptcy chapter 8 . Only income is disability. It is no taxable and I was never required to file. My attorney told me I have the file my taxes. Why is that? My account told me I am not required to file. What should I do?
My wife accumulated a lot of credit card debt and now she
My wife accumulated a lot of credit card debt and now she wants to file chapter 7. How will this relate to me and my assets, inclufing my home which I bought ling before we were married and is only in my name? I'm afraid they will try to go after my sssets.JA: What state are you in? And has anything been officially filed?Customer: California and no, nothing has been filedJA: Has anything been filed in civil court? If so, what?Customer: NothingJA: Anything else you want the lawyer to know before I connect you?Customer: Is there a chargeJA: You just pay a $5 deposit now and the rest only when you get a reply from the Bankruptcy Lawyer. All of this is 100% satisfaction guaranteed, so you can get a refund if you're not happy for any reason.Customer: Ok. I also have another question on the same topic
Terry, I asked a question on the 20th about a bankruptcy.
HI Terry, I asked a question on the 20th about a bankruptcy. Now 2 days away from court the agency that are trying to sue me for a 33k debt for a car titled to me no liens.They wouldn't negotiate before but now that my credit was been ruined from 780 to 450 they are. They offered 30k with structure payments. That not an option. Can you give me insight on a counter? Or should I go thru with the bk has I now have multiple charged off accounts? Or should I try to negotiate those too?
I'm in California and I have recently been on disability and
I'm in California and I have recently been on disability and will continue being on disability for awhile. I have been and will be at reduced pay and under financial stress will need to file chapter 7 soon. I have consultation appointments with bankruptcy attorneys however some burning questions keeping me up late at night, mostly involving transfer of vehicles prior to my consideration of bankruptcy.1. Early 2015 purchased honda civic $4k for my son (lives at diff address) and kept title under my name because he didn't have license and because we kept the vehicle on my insurance and under my address. Fast forward Oct 2016 still no license he expressed lack of motivation due to not happy with vehicle and not having at his home. We sold honda civic $4500, and we bought a different vehicle put under son's name due to insurance reasons reflects his current address and his mother paying the insurance. Will this vehicle be demanded back by trustee?2. Mid 2014, my 2 siblings and I pitched in money to buy my older parents a 2014 Nissan altima ($15k price vehicle split 3 ways) and I kept vehicle in my name because I was covering insurance at my father's request. Fast forward Oct 2015 I asked siblings to take over insurance payments because of my reduced income, and long story short there was a disagreement on why vehicle is under my name instead of parents. To resolve the dispute since instead of paying back my siblings for the original cash they had pitched in, I had transferred the title to my siblings and stated as a sale transaction of $8k implying that was the amount they originally pitched in for the vehicle as well as the $800 in tax they'll have to pay for the transaction. Will this now also be flagged as inappropriate transfer of asset and will the vehicle be taken back by trustee?3. August 2015 my wife had a breast augmentation that cost $7k , however, my mother in law fronted the money by paying the surgeon and then I gave my mother in law $5k to cover most of it since she was gifting us $2k of the cost as a gift. Will this also be flagged as inappropriate transfer of cash and will they go after mother in law for the cash?My hopes is to keep my chapter 7 low key and unknown to relatives and friends however these above issues concern me.
I have the following debts: 42,000 student loan (Feds)
I have the following debts:42,000 student loan (Feds)14,000 car loan12,000 signature loan26,000 credit cardsI've been unemployed 5 monthsAssets:22,000 in pension account600 in Series e savings bonds2000 in stock and bonds account3200 in 401k1000 cashI do receive 1,900 in unemployment benefits a month but that will run out in 2 monthsIs it as hopeless as I feel it is? Should I file for bancruptcy now?