Bankruptcy Law

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Related Bankruptcy Law Questions
Do you have to include VA disability as income on the
Hello...Do you have to include VA disability as income on the chapter 13 and/or chapter 7 means test, Debtor is not 100% disabled but is 80% disabled...thank you in advance for your assistance… read more
DrakeLAW
DrakeLAW
Juris Doctorate
1,038 satisfied customers
I am having problems that affects my licensing for my
I am having problems that affects my licensing for my Business, for that reason I filed for a chapter 11 to reorganized my business and move forward, but the law firm I have got me to the point whereb… read more
TJ, Esq.
TJ, Esq.
Juris Doctor (JD)
11,589 satisfied customers
This is an Illinois related question. My wife and I, although
This is an Illinois related question. My wife and I, although currently both self employed with our own single member LLC's, are looking for new employment outside of these LLC's. One of the LLC's wil… read more
Roger
Roger
Litigation Attorney
Doctoral Degree
26,982 satisfied customers
I owed IRS taxes and filed taxes for 2000-2005 in August of
I owed IRS taxes and filed taxes for 2000-2005 in August of 2006. I abandoned an Offer in Compromise and filed a Chapter 13 in February of 2008 in order to also save my home. When I lost my job in 200… read more
BKAnswerMan
BKAnswerMan
Attorney at Law
Doctoral Degree
38 satisfied customers
FILED CHAPTER 7 IN FEB 2005 DISCHARGED IN MAY 2005. FILE CHAPTER
FILED CHAPTER 7 IN FEB 2005 DISCHARGED IN MAY 2005. FILE CHAPTER 7 ON JUN 8, 2012, DENIED ON JUN 11, 2012 CAN I FILE CHAPTER 13 IMMEDIATELY? OR CAN IT BE CONVERTED IF IT HAS ALREADY BEEN DENIED… read more
Dylatess
Dylatess
JD
1,536 satisfied customers
Can I file Chapter 11 Bankruptcy without an attorney? I was
Can I file Chapter 11 Bankruptcy without an attorney? I was told that because I have that because I have mortgages totaling over $2,000,000 I need to file Chapter 11. I have 5 homes for sale and have … read more
Roger
Roger
Litigation Attorney
Doctoral Degree
26,982 satisfied customers
We were just served papers by one of our customers. Our company
We were just served papers by one of our customers. Our company is $120k in debt. We have no money coming in to cover all are bills. Should we file bankruptcy.… read more
Roger
Roger
Litigation Attorney
Doctoral Degree
26,982 satisfied customers
1) In Ca.Are most of the expenses for chapter11 from court
1) In Ca.Are most of the expenses for chapter11 from court costs or attorney fees? A BK attorney wants $ 35,000.00 upfront,our litagating tax attorney of 32 yrs will charge $ 8.000.00- 10,000.00 +fees… read more
cortrightlaw
cortrightlaw
Attorney
Doctoral Degree
513 satisfied customers
Hello again. Can you tell me if a multi-member LLC can file
Hello again. Can you tell me if a multi-member LLC can file for Chapter 7 or 11 bankruptcy? What are the pros and cons of this?… read more
Roger
Roger
Litigation Attorney
Doctoral Degree
26,982 satisfied customers
I personally filed Chapter 7 in Feb 2005, it was finalized
I personally filed Chapter 7 in Feb 2005, it was finalized in May 2005..... My business (Construction) has been going down hill the last couple of years and I just can't seem to hold to it anymore...t… read more
cfortunato
cfortunato
J.D.
7,967 satisfied customers
About a year ago I my chapter 7 bankruptcy was discharged.
About a year ago I my chapter 7 bankruptcy was discharged. I have a franchise that was not producing any income and I listed as an asset valued at $1.00. Today the franchise is contnuing to fail and s… read more
Phillips Esq.
Phillips Esq.
Attorney
JD
21,066 satisfied customers
Im currently four months behind on my house payment. I have
I'm currently four months behind on my house payment. I have a significant amount of credit card debt and a home equity line of credit that is maxed out at $80k from a previous business that I am plan… read more
cfortunato
cfortunato
J.D.
7,967 satisfied customers
Brent, I still am confused about the chapter11 discharge.And
Brent, I still am confused about the chapter11 discharge. And I thought my field of Neurology was hard. My goal is to get a fresh start. I still do not understand how a 60 day discharge on a chapter 1… read more
Brent Blanchard
Brent Blanchard
Solo Practitioner
Doctoral Degree
1,964 satisfied customers
I was in chapter 13 bankruptcy and I converted it to a chapter
I was in chapter 13 bankruptcy and I converted it to a chapter 7 and my chapter 7 case was dissmissed due to the fact that my lawyer forgot to send in my financial managment course certificate. So if … read more
Terry L.
Terry L.
Attorney
Doctoral Degree
2,772 satisfied customers
I am active duty military and we have a chapter 13 case. We
I am active duty military and we have a chapter 13 case. We just got orders to move to another state and my husband might be out of a job for a while. The other problem is we won't be able to make a m… read more
Phillips Esq.
Phillips Esq.
Attorney
JD
21,066 satisfied customers
I am actively in chapter 13. When I filed, I was behind on
I am actively in chapter 13. When I filed, I was behind on house payments. I converted the 2nd +3rd home equity loans to unscured debts, because the house is worth less than primary mortgage. Now I ex… read more
Ellen
Ellen
Attorney
Doctoral Degree
21,737 satisfied customers
BANKRUPTCY My wife used her personal credit cards to keep her
BANKRUPTCY My wife used her personal credit cards to keep her Texas corporation going; she recently filed for chapter 11 and is now a debtor in possession. When she listed her unsecured creditors she … read more
wallstreetfighter
wallstreetfighter
Attorney
Doctoral Degree
11,809 satisfied customers
I am a disabled veteran whose debts were accumulated while
I am a disabled veteran whose debts were accumulated while on active duty. I left the military last year. My question is: If my income is high enough that I would have failed the means test had it app… read more
Terry L.
Terry L.
Attorney
Doctoral Degree
2,772 satisfied customers

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Meet the Experts:

Terry L.

Terry L.

Attorney

2,772 satisfied customers

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

cortrightlaw

cortrightlaw

Attorney

513 satisfied customers

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

JoeLawyer

JoeLawyer

Attorney

376 satisfied customers

Attorney in the practice of Bankruptcy Law since 1996

A.J.

A.J.

Attorney

262 satisfied customers

Experienced consumer bankruptcy attorney.

Fritz

Fritz

Attorney

209 satisfied customers

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

Law Girl

Law Girl

Attorney

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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