Bankruptcy Legal Questions and Answers

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Can a Small Claims Judgment be Discharged in Bankruptcy?

I have a small claims judgement against me in California. It is for a vehicle I bought and was never licensed correctly. I had the DMV investigations unit research my claim and they found in my favor. The other gentleman served me right after he paid me the debt from the DMV's findings. He stated I had valid registration and the issue that followed the vehicle thereafter where ...

03/15/2011   |   Category: Bankruptcy   |   State: California   |   #24415

When a company goes under receivership and they owe you money when and how do you get paid?

When a company goes under receivership and they owe you money when and how do you get paid? They are still operating full tilt.

12/02/2010   |   Category: Bankruptcy   |   State: Wisconsin   |   #23747

Will My Home Still Qualify as a Primary Residence if I Rent it While Working Out of Town?

If I have a principal residence (for bankruptcy purposes) in one town, can I legally rent my residence and then stay in another city to have employment Is it better to lease a section of the home to a roommate? I am staying in Pittsboro, NC for work and I have a home worth $70.000.00 paid for and empty as my residence in Salisbury NC. I could be forced into bankruptcy at som...

11/13/2010   |   Category: Bankruptcy   |   State: North Carolina   |   #23630

What Type of Bankruptcy Should I File if I Have No Property?

My 76 year old Aunt has about $30,000.00 in debt. She doesn't own any property.She is overwhelmed and the payments are high. What type of Bankruptcy should she file?

11/09/2010   |   Category: Bankruptcy   |   State: Maryland   |   #23595

How Are Social Security and Retirement Benefits Affected by Bankruptcy?

Are monthly social security funds and monthly retirement pension funds effected by bankruptcy?

10/16/2010   |   Category: Bankruptcy   |   State: Texas   |   #23403

My bankruptcy was mismanaged by judge and appointed trustee, how do I get questions answered?

My bankruptcy was mismanaged by judge and appointed trustee. Questions have gone unanswered. The bk was 'closed' 10/9/2009. I would like to ask the court what happened to certain assets, ask why the trustee did not preserve the estate, etc. Need to know what form to use to get started.

10/04/2010   |   Category: Bankruptcy   |   State: California   |   #23328

What Happens to My Retirement Fund in Bankruptcy?

I am a 68 yr old widow with questions on Florida law . Bankruptcy approved May 2009, Foreclosure still pending bank delayed court-ordered sale; Is my retirement fund attachable?? If I sell my Homesteaded house are any proceeds attachable? What if I put any proceeds into my retirement fund?

08/06/2010   |   Category: Bankruptcy   |   State: Florida   |   #22841

Does a Trustee in Bankruptcy Need to Approve a Settlement of a Lawsuit?

This is a follow-up question to the question I previously asked and is based on the answer you provided. Since I cannot cancel the BK for my corporation I have the following question: Will I have any input on whether or not to accept the settlement offer from the defendent or is that strictly the Trustee's and my attorney's (who were hired by the Trustee) sole decision. I wa...

07/28/2010   |   Category: Bankruptcy   |   State: California   |   #22769

Will a Seller's Bankruptcy Filing Affect a Home Sale?

I have a cash real estate closing for a home this Monday. I have heard that these sellers plan to file for bankruptcy shortly after we sign the closing documents (days) but before the papers are filed showing that their mortgage lien has been released by the lender. Will their filing for bankruptcy cloud our title?

07/14/2010   |   Category: Bankruptcy   |   State: Florida   |   #22662

How is Marital Debt After Divorce Handled in Bankruptcy?

I am looking to file Chapter 7 bankruptcy protection (pro se because I cannot afford an attorney). Am Recently divorced (ex-spouse resides in SC, I reside in NY), I am current with alimony/child support obligations, but have incurred one joint debt of $8 k as part of our divorce settlement. I have no assets (e.g. cash, house, stocks, rental property etc.)and did pass the Ch. ...

07/07/2010   |   Category: Bankruptcy   |   State: New York   |   #22612
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