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I now have a client of a closed company threatening me. The

I now have a client of a closed company threatening me. The owner of the company closed this company, and the owner declared bankruptcy. The trustee of the bankrupt disclaimed rights over the closed company. The client said the owner of the closed company assigned its rights to the client's remaining inventory I hold. The client is threatening me regarding the status of other inventory I hold, wanting a full status report on all inventory. My question is; does this client have rights over their own inventory only or can the owner of the closed company assign all the rights to remaining inventory, even those the client does not own the inventory, but other people who paid for this inventory are the owners.

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LawGuy

Juris Doctor

 
34,652 satisfied customers
I filed chapter 7 and on June 16 had my meeting of

I filed chapter 7 and on June 16 had my meeting of creditors. I have a car that is not running that I am surrendering. Do i have to wait until the discharge or can I call them now to get them to come and get it?

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Terry L.

Partner

Doctoral Degree

 
2,832 satisfied customers
We need to respond to a summons and notice of pretrial

We need to respond to a summons and notice of pretrial conference on preferential payment. We are seeking a legal firm but I need to respond by tomorrow.JA: Because laws vary from state to state, could you tell me what state is this in?Customer: the bankruptcy is in Delaware and we are in OhioJA: What state are you in? And has anything been officially filed?Customer: We are in Ohio and yes we received notice they want us to pay back $ 51,603.JA: Have you talked to a lawyer yet?Customer: Left a message and sent an email. Time got away on this so I am behind and need to get a response to them by tomorrow and then will let the attorney take it from there.JA: Anything else you think the lawyer should know?Customer: NoJA: OK. Got it. I'm sending you to a secure page on JustAnswer so you can place the $5 fully-refundable deposit now. While you're filling out that form, I'll tell the Bankruptcy Lawyer about your situation and then connect you two.

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Law Educator, Esq.

Attorney At Law

Doctoral Degree

 
104,268 satisfied customers
Does the trustee have to have judge sign of on any payment

Does the trustee have to have judge sign of on any payment increasesJA: Because laws vary from state to state, could you tell me what state is this in?Customer: FLJA: Have you talked to a lawyer yet?Customer: I told my attny last year that my income was going up but she never responded to my many calls or emails. I only have 6 payments left and i noticed today on the data center that my case status went from active to pending trustee payment v reviewJA: Anything else you think the lawyer should know?Customer: How much can they raise my paymentJA: OK. Got it. I'm sending you to a secure page on JustAnswer so you can place the $5 fully-refundable deposit now. While you're filling out that form, I'll tell the Bankruptcy Lawyer about your situation and then connect you two.

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37,564 satisfied customers
In a Chapter 11 bankruptcy, does this document (text below)

In a Chapter 11 bankruptcy, does this document (text below) mean the "Bank of Big" is giving up all claim to the note and the collateral, and making Shaky Financial the beneficiary, no matter what happens in the bankruptcy?United States Bankruptcy CourtCentral District of CaliforniaCase No. 1:16-bk-12345-WBChapter 11In re: Debtor(s) (including Name and Address)John Doe*****Levitown, PANOTICE OF TRANSFER OF CLAIM OTHER THAN FOR SECURITYThe Claim No(s). listed below was/were filed or deemed filed under 11 U.S.C. § 1111(a) in this case by the alleged transferor. As evidence of the transfer of that claim, the transferee filed a Transfer of Claim Other than for Security in the clerk's office of this court on 05/02/2016.Name and Address of Alleged Transferor(s):Claim No. 2:The Bank of Big, Trustee,c/o Subservicer, Inc.,P.O. Box 555, Dallas, TexasName and Address of Transferee:ShakyFinancial LLCPO Box 999Rapid City, SD-- DEADLINE TO OBJECT TO TRANSFER --The alleged transferor(s) of the claim is hereby notified that objections must be filed with the court within twenty-one (21) days of the mailing of this notice. If no objection is timely received by the court, the transferee will be substituted as the original claimant without further order of the court.Date: 05/05/16 Janet J. JonesCLERK OF THE COURT

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Maverick

Doctoral Degree

 
5,230 satisfied customers
I'm currently in an open Chapter 7, and my car was totaled

I'm currently in an open Chapter 7, and my car was totaled (not my fault) The settlement from at fault party isn't even enough to pay off the car loan, thankfully I have gap insurance. Even though the auto loan is taken care of, I am now without means of transportation and cannot get financing. Can I go after the at fault party for a larger settlement in order to buy a new car?JA: What state are you in? And has anything been officially filed?Customer: South Carolina. I've signed power of attorney to USAA (at fault's insurance) in regards ***** ***** car but I rescinded the release of my car from the auto shop to USAAJA: Have you talked to a lawyer yet?Customer: no not yetJA: Anything else you think the lawyer should know?Customer: not that I know of. The car was exempted from the bankruptcy caseJA: OK. Got it. I'm sending you to a secure page on JustAnswer so you can place the $5 fully-refundable deposit now. While you're filling out that form, I'll tell the Bankruptcy Lawyer about your situation and then connect you two.

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Maverick

Doctoral Degree

 
5,230 satisfied customers
We are a commercial finance company licensed in California.

We are a commercial finance company licensed in California. On June 10 we properly repossessed a truck from a defaulted proprietor/debtor in Georgia. A few days later the debtor's attorney contacted us to demand the truck back. He attached a Chapter 13 bankruptcy filing dated May 16 which did had not received for some reason even though our address was listed correctly. Must we release the truck back to the debtor? If so, is there an official process for this (paperwork, forms)? Can we recover our repo expenses from the debtor? thanks.

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Ely

Counselor at Law

Juris Doctor

 
62,084 satisfied customers
I am in a 5 year BK that is to end July 19th, 2016. What if

I am in a 5 year BK that is to end July 19th, 2016. What if I am a few thousand short? Will the Trustee dismiss it or give me another month? I noticed that there was more charged to my account than I budgeted .I have already paid about 250K

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5,052 satisfied customers
Usually my questions are 1-2 sentences....you need the facts

Usually my questions are 1-2 sentences....you need the facts and last hearing info with my questions to answer (may need to talk plus have timeline of events/action that will describe better if can send you...will help explain these questions.1) How can Plaintiff get a judicial default when based on a Motion that was not even part of this hearing; I didn't even bring my Motion that countered that to the hearing as it wasn't on the list to be discussed.2) When case was dismissed in 12/2013, did Plaintiff need to go back to bankruptcy Court before re-sueing in 5/2015…seems everything I read on Cases that Federal Court and Trustee are in charge3) In the Motion in Court to Preclude Defendant's In Rem…the same issues brought up in this were ones that I refuted in the original response (4/19/15) to the Motion to Strike (4/7/15). Court above at hearing only took note of 4-7 Plaintiff Motion and as stated DID NOT ALLOW DEFENDANT TO BRING UP ANYTHING…minutes not attached by I got 1 minute of 25 minutes. All issues were quickly discarded by Plaintiff and the Judge citing only cases that agree with their side…Judge allowed nothing else. (those cases are very recent in FL…refute case law in 49 other states and federal court…just like the bs with 5 yr statute limitations going on in FL)4) Also…documents that I go after bankruptcy stated among other things that Plaintiff must be valid creditor…my affirmative resp have evidence that in any jury trial they'd hang Plaintiff5) Last, Judge asked Plaintiff if it was cross-noticed (Plaintiff affirmed) (WHAT DOES THIS MEAN…what action would plaintiff need to take to accomplish) when I kept complaining about where this Motion to Preclude Defendant was basically illegal in these proceedings6) Judge thought this might be contested and he should leave for others…interesting comment…WHY7) Other thoughts helpful on how to contest, what to file?

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RONB-ESQ

Juris Doctorate

 
716 satisfied customers
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