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Related Bankruptcy Law Questions
I'm going to have to declare chapter 13 bankruptcy what are
I'm going to have to declare chapter 13 bankruptcy what are the secured vs. Unsecured debts and what does that mean? Only on credit cards and other places like hospitals and offices because I'm disabl… read more
Terry L.
Terry L.
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Doctoral Degree
2,720 satisfied customers
I am a 50% partner in an LLC. My 401k does not allow for
I am a 50% partner in an LLC. My 401k does not allow for in-service distributions. During a Chapter 7, my 50% ownership would become the property of the trustee. Can the trustee allow me to turn over … read more
mmdesq
mmdesq
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My name is ************, I'm a 29 year old full time
My name is ************, I'm a 29 year old full time bankruptcy claims investor in CT. Im self taught and have begun to explore another avenue in other purchases in chapter 7 & 13 there are a couple d… read more
Phillips Esq.
Phillips Esq.
Attorney
JD
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No payments have been paid on the loan. Would there be a statute
No payments have been paid on the loan. Would there be a statute of limitations on a non-performing debt that is 5 years old plus? If that 5 year old plus non-performing debt is a second mortgage on a… read more
TJ, Esq.
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Does a chapter 13 bankruptcy toll the statute of limitations
Does a chapter 13 bankruptcy toll the statute of limitations on judgement liens in Tennessee?… read more
dylatess
dylatess
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If I convert a chapter 13 bankruptcy to a chapter 7, will this
If I convert a chapter 13 bankruptcy to a chapter 7, will this stop a sheriff's sale that is scheduled for this week? If so, will the Bankruptcy trustee then sell the property and pay off the first mo… read more
retirementlawyer
retirementlawyer
Attorney
Doctoral Degree
1,606 satisfied customers
The owner of our business (an LLC in California), has 300K
The owner of our business (an LLC in California), has 300K in credit card and other unsecured debt. A few of us employees are considering taking over the business, if the the owner can offload the CC … read more
C.Fortunato
C.Fortunato
J.D.
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Hi, I own a time share and a home with my boyfriend of 14 yrs.
Hi, I own a time share and a home with my boyfriend of 14 yrs. We reside in PA. I'm considering filing individual bankruptcy on my own. Will he be able to keep these assets?… read more
retirementlawyer
retirementlawyer
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Doctoral Degree
1,606 satisfied customers
my chapter 11 with only 2 houses,over $1,100.000.00 in debt
my chapter 11 with only 2 houses,over $1,100.000.00 in debt including 1st t.d. and a 2nd t.d. each ouse,and unsecured liens less than $6,000.00 was denied, what are my OPTION S at this time?… read more
Roger
Roger
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Doctoral Degree
26,949 satisfied customers
My ex-wife took me to adversary proceedings in Chap XIII. I
My ex-wife took me to adversary proceedings in Chap XIII. I converted to a Chap 7. I had decided on a full liquidation; however, we finally agreed to a settlement agreement. The Chapter 7 was discharg… read more
C.Fortunato
C.Fortunato
J.D.
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I have received the following from a local atty. He cites
I have received the following from a local atty. He cites several cases, do you want me to send them all. I included one. The time limitations are tolled. Before 2005, the federal courts were in gener… read more
C.Fortunato
C.Fortunato
J.D.
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What is the legal definition of bankruptcy as pertains to
What is the legal definition of bankruptcy as pertains to a business? Can you cite a source? Is there a difference in definitions for condominiums vs. a business?… read more
JoeLawyer
JoeLawyer
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Juris Doctorate
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Can a debtor have a Chapter 13 case dismissed if the plan has already been confirmed
Can a debtor have a Chapter 13 case dismissed if the plan has already been confirmed? The debtor in this case is specifically attempting to get the case dismissed to hurt an individual creditor to who… read more
Brent Blanchard
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Doctoral Degree
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I do not pass the chapter 7 means test and my unsecured and
I do not pass the chapter 7 means test and my unsecured and secured debt are higher than the Chapter 13 limits. My main goal is to reduce and or dismiis s corp unsecured debt1.1 mill guarented by me p… read more
FiveStarLaw
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Doctoral Degree
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I live in Texas. Due to a loss of Social Security benefits,
I live in Texas. Due to a loss of Social Security benefits, I am unable to make min payments on some credit cards. Should a judgment be levied, can the credit card co freeze bank accounts (including s… read more
VanDLaw
VanDLaw
Juris Doctor
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I have huge federal, state, and state board tax liens as well
I have huge federal, state, and state board tax liens as well as some old outstanding debt. Work over the last six years has been sparse, but I just began working for a solid company receiving a modes… read more
Roger
Roger
Litigation Attorney
Doctoral Degree
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I am filing for Divorce and my husband wants us to file for
I am filing for Divorce and my husband wants us to file for bankruptcy chapter 13. He has lived in Las Vegas since August of 2007. I lived in California and moved to Oregon in August of 2008. We separ… read more
Law Girl
Law Girl
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Doctoral Degree
153 satisfied customers
I am going thru a Divorce, and My Business is suffering, approx
I am going thru a Divorce, and My Business is suffering, approx 200K in debt, and the Union is trying to get a 225K judgement for ERISA liability. Should I declare bankruptsy?… read more
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Meet the Experts:

Terry L.

Terry L.

Attorney

2,720 satisfied customers

Better Business Bureau. 18yrs bankruptcy experience. Chicago Bar Assoc. American Bankruptcy Institute member.

cortrightlaw

cortrightlaw

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Attorney practicing Bankruptcy Law including Chapter 7, Chapter 11, Chapter 12, and Chapter 13.

JoeLawyer

JoeLawyer

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376 satisfied customers

Attorney in the practice of Bankruptcy Law since 1996

A.J.

A.J.

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Experienced consumer bankruptcy attorney.

Fritz

Fritz

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209 satisfied customers

Florida attorney with extensive experience in Chapter 7 and Chapter 13 consumer bankruptcy cases

Law Girl

Law Girl

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153 satisfied customers

I am an attorney.

Paul K, Esq.

Paul K, Esq.

Attorney

141 satisfied customers

10 years Exp., Great customer service, Prompt responses.

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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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