Bankruptcy Law

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Related Bankruptcy Law Questions
1. Can you explain "presumptively abusive" to me in layman's
1. Can you explain "presumptively abusive" to me in layman's terms regarding a Chapter 7 BK as it applies to her income and unsecured debt figures? How is it calculated regarding the 25% of the debtor… read more
Mark
Mark
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I live in Texas and I'm considering filing a chapter 7
I live in Texas and I'm considering filing a chapter 7 bankruptcy. I already know I'm eligible, my income falls within the range. I've lost two jobs in the last 4 months, which has led to my financial… read more
JKEsq
JKEsq
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In Laymen's tern what is, concerning bankruptcy law,11
Good afternoon, In Laymen's tern what is , concerning bankruptcy law,11 U.S.C, 1324(a)? I am accreditor in this case. It states on docket this debtors plan was not made in good faith to comply with Ch… read more
Terry L.
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What do you need to know to file bankruptcy. What is all
What do you need to know to file bankruptcy. What is all involved? I know there are different Chapters for this. How do I get more info.… read more
Ray
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A sixty four year old lady came to me for tax help. She has
A sixty four year old lady came to me for tax help. She has 153000 in credit card debt. She is self employed and probably makes 60-100k per year, but it is variable. ... She may not be able to maintai… read more
mmdesq
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So I had a Chap 7 discharge in Jan 2010 ( filed Sept 2010) Shortly
So I had a Chap 7 discharge in Jan 2010 ( filed Sept 2010) Shortly thereafter my wife get very ill and passed away. Now almost 5 years later I find myself with a small 401K (7500) and minimal income..… read more
TJ, Esq.
TJ, Esq.
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Hello, I am 46 and married. My wife and I each own our businesses.
Hello, I am 46 and married. My wife and I each own our businesses. Hairdressing salon, hers, construction with no employees other than me. We only have a couple joint accounts, she is not on most of m… read more
Fritz
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I am considering chapter 7 bankruptcy. They use the median
I am considering chapter 7 bankruptcy. They use the median income for the state you live in(mine is Georgia). How do they arrive at this amount? My wife has a normal job, but I am a real estate agent … read more
wallstreetfighter
wallstreetfighter
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I was in a lawsuit and the other side won the judgement. The
I was in a lawsuit and the other side won the judgement. The judge granted them a 300k in atty fees. I don't have the monies, and I was told that if I want to file for chapter 7, I need to bring down … read more
wallstreetfighter
wallstreetfighter
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Questions regarding Chapter 13 Statement of Current Monthly
Questions regarding Chapter 13 Statement of Current Monthly Income & Calc form: LINE 27 A: Is this amount inclusive of any car insurance premiums we pay? Would that extra amount go on line 27B? Where … read more
cortrightlaw
cortrightlaw
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Doctoral Degree
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In a chapter 13 bankruptcy do we pay our own bills as usual
In a chapter 13 bankruptcy do we pay our own bills as usual or does the court pay them? I'm curious about our monetary gifts to the church. I think I read that you can allot for up to 15% of income to… read more
Terry L.
Terry L.
Attorney
Doctoral Degree
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I Live in California. I need advice on some of the exemptions
I Live in California. I need advice on some of the exemptions in this state. Married, one child, 2 car payments(lease one, loan on another),renting a home and own a business, current on all personal a… read more
cfortunato
cfortunato
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Questions about Filing Chapter 11 as a Personal Bankruptcy
Is I would be happy to pay a bonus to get to the $60 mark, if the anwer and research involved in understanding what particular issues there might be in Indiana vs some other state...proves to be very … read more
socrateaser
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In chapter 13, is there any regulation on what you can and
In chapter 13, is there any regulation on what you can and can't throught the years of making the monthly payments? If my pay increases a couple years in, will I have to pay more to the trustee or can… read more
Terry L.
Terry L.
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Doctoral Degree
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Are there any deductions from gross household income when it
Are there any deductions from gross household income when it comes to filing chap7 BK? Im filing individ.but IM married and my wife income is over the limit for our state. CO. gross income for her is … read more
Brent Blanchard
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Hello. We are considering bankruptcy. Im a Realtor and in
Hello. We are considering bankruptcy. I'm a Realtor and in this market, our combined income doesn't cover our bills. I understand that there is a limited bankruptcy that allows you to keep your secure… read more
Terry L.
Terry L.
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Doctoral Degree
2,879 satisfied customers
i have been trying to do a loan remodification for the past
i have been trying to do a loan remodification for the past 8 months to no avail. i am now being told that doing debt reconcolidation will help. my question is with the fact that i am 80,000 dollars i… read more
Terry L.
Terry L.
Attorney
Doctoral Degree
2,879 satisfied customers
Hi i currently am laid off from General Motors and after my
Hi i currently am laid off from General Motors and after my sub-pay and unemployment runs out in about 46 weeks the only option me and my wife may have to do is go into bankruptcy. What r the bankrupt… read more
Attorney T. Lodge
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Meet the Experts:

Terry L.

Terry L.

Attorney

2,879 satisfied customers

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

cortrightlaw

cortrightlaw

Attorney

527 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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