Bankruptcy Law

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I am in Florida looking to file a Chapter 7. I will be using
Hello again. I am in Florida looking to file a Chapter 7. I will be using the homestead exemption. I understand my husband and I have $2,000 in wildcard exemptions. I have in excess of $3,000 in the b… read more
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I filed bankruptcy March 2015. I had an audit for 2015 taxes
I filed bankruptcy March 2015. I had an audit for 2015 taxes and the IRS just finished the audit this month. The State refunded me $600 a few months ago but The Federal I owe $1500. The trustee was wa… read more
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I am considering filing Chapter 7 because I owe over 30000
I am considering filing Chapter 7 because I owe over 30000 on credit cards and loans. I just filed for divorce, and I have lots of questions. The divorce is uncontested, and as far as debt load is con… read more
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I was awarded a settlement from a car accident, is this taxable? I
I was awarded a settlement from a car accident, is this taxable? I also just filed chapter 7, will this settlement be taken away?… read more
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I FILED FOR BANKRUPTCY 12/31/2013 I DID NOT EXPECT A TAX REFUND
I FILED FOR BANKRUPTCY 12/31/2013 I DID NOT EXPECT A TAX REFUND THIS YEAR AND DID NOT ADD THIS TO SCHEDULE B OR C BECAUSE I WAS MAINLY RECEIVING UNEMPLOYMENT. I AM HOWEVER DUE A REFUND DUE TO THE CHIL… read more
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I apologize if I explained more than needed, I just want to
I apologize if I explained more than needed, I just want to give a clear picture of my situation. I am amending Schedule C. I am trying to figure out the difference between "value of claimed exemption… read more
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Chapter 7 In Divorce .... My spouse filed Chapter 7 bankruptcy
Chapter 7 In Divorce .... My spouse filed Chapter 7 bankruptcy over a year after filling for divorce. She received discharge, but only 5% of the community obligations were charged off since the majori… read more
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What happens to judgements when Bankruptcy is declared. What
What happens to judgements when Bankruptcy is declared. What is the general procedure for filing bankruptcy. what property and assets are exempt… read more
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I filed chapter 7 on March 16th 2012 in PA I havent filed
I filed chapter 7 on March 16th 2012 in PA I haven't filed my income taxes yet I listed my $12,100 exeption on my pending divorce settlement I am expecting a return of $3392 as $1607 is earned income … read more
cfortunato
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My parents are thinking about filing for bankruptcy, they are
My parents are thinking about filing for bankruptcy, they are concernd with losing there house. My dad will be getting a settlement in the future because of my grandfathers wrongful death will he lose… read more
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I was awared funds from my X spouse for fraud in my Judgement
I was awared funds from my X spouse for fraud in my Judgement for Dissolution. I later filed bank garnishment and a week later my X filed a Chapter 7 with exempt wildcard, listing me as the creditor. … read more
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I Iive in Maryland. I have two pending lawsuits scheduled against
I Iive in Maryland. I have two pending lawsuits scheduled against me Leadpaint filed in Baltimore for a house I owned and sold in 1986 for 5 mil Also a small one for 5k landlord tennant issue. My home… read more
cfortunato
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My mortgage loan was discharged in chapter 7, the house is
My mortgage loan was discharged in chapter 7, the house is in foreclosure and will soon go to public sale. With regard to real estate taxes which were continued to be paid by the mortgage company (and… read more
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I filed an EEOC claim in February 2009. I recieved a right
I filed an EEOC claim in February 2009. I recieved a right to sue letter in March 2010. My EEOC claim was Sexual harassment/Assault, sex discrimination, retaliation. My employment lawyer has taken thi… read more
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This is for Virginia Code. Can you use the homestead exemption
This is for Virginia Code. Can you use the homestead exemption VA Code 34-4 and or just 34-13 (wildcard) for personal property only, if you do not have actual real estate listed on your petition? Last… read more
socrateaser
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We live in PA and will be filing for a joint Chapter 7 bankruptcy.
We live in PA and will be filing for a joint Chapter 7 bankruptcy. We live in a rental unit and own no real property. My question is this: Can the unused portion of the Federal homestead exemption be … read more
wallstreetfighter
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In Minnesota under Federal exemptions, can uncashed checks
In Minnesota under Federal exemptions, can uncashed checks be reported as cash? If the check is payable to one spouse can it be listed as joint property or must be it under either wife/husband? In tot… read more
socrateaser
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I currently have stock options in a company that has not gone
I currently have stock options in a company that has not gone public yet. Could those stock options be siezed during a chapter 7 backruptcy (they are currently worth nothing, but I paid $5000 for 1000… read more
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Meet the Experts:

Terry L.

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Paul K, Esq.

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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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