Bankruptcy Law

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I have a lot of judgement against me from personal
I have a lot of judgement against me from personal guaranteed business loans that I couldn't pay back because the business failed. I have to file bankruptcy, but im waiting until after I settle a pers… read more
CalAttorney2
CalAttorney2
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Doctoral Degree
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I am seeking info for a worst case scenario. Hopefully it
Hello, I am seeking info for a worst case scenario. Hopefully it won't come to this, but...I own a LLC business that is currently struggling. I am considering shutting down the business or claiming bu… read more
CalAttorney2
CalAttorney2
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I have an LLC with my parents, no actual operating agreement
I have an LLC with my parents, no actual operating agreement finalized. I'm thinking of filing personal bankruptcy. Will this hurt my parent's personal assets?… read more
A.J.
A.J.
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Hi, In filing bankruptcy, I spoke with you (could I keep
Hi, In filing bankruptcy, I spoke with you (could I keep my business paypal, business checking, my business website) You said yes. But another lawyer said a trustee could liquidate and take it all. Is… read more
wallstreetfighter
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Trying to figure out if I should file bankruptcy. I have a
Trying to figure out if I should file bankruptcy. I have a past due loan from a few years ago, that has been turned over to a collection attorney. There very aggressive, and say they want their $34,00… read more
A.J.
A.J.
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Could i desolve my LLC. know before I file? I have no assets
Could i desolve my LLC. know before I file? I have no assets anyway. Then open up in another name not mine so when I file i wont have to stop doing business, my business is making money but i need to … read more
socrateaser
socrateaser
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if i file bankruptcy personally can my company buy some of
if i file bankruptcy personally can my company buy some of my assets so i will not lose them in bankruptcy? or can i open another company LLC to purchase some asset?… read more
cfortunato
cfortunato
J.D.
7,967 satisfied customers
I had two successful businesses for several years until a chain
I had two successful businesses for several years until a chain of events beginning with the death of my wife in 2008 and caused my larger business to become insolvent in 2009. Both businesses are inc… read more
cfortunato
cfortunato
J.D.
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What are the basic principals for filing a bankruptcy? I have
What are the basic principals for filing a bankruptcy? I have more assets than debt, but am not employed and I have a couple very large credit line debts due to a failed business back in 2009. The cre… read more
cfortunato
cfortunato
J.D.
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Is there a best time or a bad time to file for bankruptcy?
Is there a best time or a bad time to file for bankruptcy? And do you have an idea of how long it usually takes? Also I will be getting my refund from income taxes soon and I want to know if the bankr… read more
cfortunato
cfortunato
J.D.
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With some factors that could negatively impact my business,
With some factors that could negatively impact my business, I would like some guidance as to when and if it would make sense to fle for bankruptcy in Louisiana.… read more
cfortunato
cfortunato
J.D.
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Can my parents file for bankruptcy if they have personal and
Can my parents file for bankruptcy if they have personal and business debt and still keep their home and business(including property)? My Parents have accrued debt as a result of a long standing busin… read more
cfortunato
cfortunato
J.D.
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I have question(s) concerning personal bankruptcy laws pertaining
I have question(s) concerning personal bankruptcy laws pertaining to Minnesota. I have quite a few questions and want to make sure "all" will be handled with a one time charge rather than multiples pe… read more
cfortunato
cfortunato
J.D.
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ex filed for bankruptcy personal and corporation, owes me back support for 13 m&
Ex husband filed for Bankruptcy personal and corporation, owes me back allimony support,can the bankruptcy court order the assets of the business to me for the support money he owes? cause on the pers… read more
Brent Blanchard
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I live in South Carolina. I just went thru a nasty divorce
I live in South Carolina. I just went thru a nasty divorce and was still kept on a piece of real estate as a 50/50 owner. ex manages property which we are in debt more than what is owed on it and is n… read more
cfortunato
cfortunato
J.D.
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My spouse needs to file for bankruptcy. I have two trust, one
My spouse needs to file for bankruptcy. I have two trust, one in my name in one in my childrens (from a previous marraige) name; how can I keep these from being touched. I have been told we need to di… read more
cfortunato
cfortunato
J.D.
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I am considering filing for Chapter 7 bankruptcy due to accumulated
I am considering filing for Chapter 7 bankruptcy due to accumulated credit card debt in the amount of 60K. How will filing a personal Bankruptcy impact the business I am a shareholder in? The business… read more
Terry L.
Terry L.
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Doctoral Degree
2,871 satisfied customers
im thinking about filling bankruptcy im not behind on anthing
im thinking about filling bankruptcy im not behind on anthing but the strugle is getting close i recently had to take another job from 14 to 8.50 an hour will i have to sell every thing… read more
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JP
Doctoral Degree
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Meet the Experts:

Terry L.

Terry L.

Attorney

2,871 satisfied customers

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

cortrightlaw

cortrightlaw

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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

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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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