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Bankruptcy Recent Legal Answers from Lawyers

Bankruptcy Recent Legal Answers from Lawyers

Can I file for bankruptcy

Answered 6 days ago by attorney Bankruptcy Attorney Mark J. Markus   |   1 Answer   |  Legal Mostics: Bankruptcy Lawyer
If you are asking whether the debt to LoanMe is dischargeable in bankruptcy, the answer is yes--most likely. If that is your only debt, it probably does not make sense to file bankruptcy as the cost to file is going to be pretty close to that amount.  
If you are asking whether the debt to LoanMe is dischargeable in bankruptcy, the answer is yes--most likely. If that is your only debt, it probably... Read More
No one is going to help you pro bono.  If it is worth doing, it is worth paying for a lawyer to do it.  You likely can file in NY, but more information is needed.
No one is going to help you pro bono.  If it is worth doing, it is worth paying for a lawyer to do it.  You likely can file in NY, but more... Read More

apply for bankruptcy

Answered 11 days ago by attorney Michael D. Siegel   |   1 Answer   |  Legal Mostics: Bankruptcy Lawyer
Call a bankruptcy lawyer.
Call a bankruptcy lawyer.
As long as you maintain the payments on the vehicle, the cosigner should not be affected.  
As long as you maintain the payments on the vehicle, the cosigner should not be affected.  
The first step is to have a consultation with a bankruptcy attorney in your state.   If you have no assets and SSI is your only income,  you are judgment-proof and probably do not need to file bankruptcy, although you can if you want to avoid the annoying phone calls and collection attempts. I offer free initial phone consultations if you are interested.... Read More
The first step is to have a consultation with a bankruptcy attorney in your state.   If you have no assets and SSI is your only... Read More

will filing backrupsy stop a propery tax sale

Answered 26 days ago by attorney Michael D. Siegel   |   1 Answer   |  Legal Mostics: Bankruptcy Lawyer
For a short time.  You cannot do a modification of tax debt.  It must be paid.
For a short time.  You cannot do a modification of tax debt.  It must be paid.
It is possible.  It will depend upon the value of your silent interest as well as a number of other factors such as what type of bankruptcy chapter you file under,  what other assets you possess, how much income you derive from the llc, etc.  My personal focus is on bankruptcy and I would be happy to answer further, however I need more details.  Feel free to contact us.... Read More
It is possible.  It will depend upon the value of your silent interest as well as a number of other factors such as what type of bankruptcy... Read More

Bankruptcy lawyer

Answered a month ago by attorney Michael D. Siegel   |   1 Answer   |  Legal Mostics: Bankruptcy Lawyer
You can short sell it.  An NY lawyer can help.  So can a local broker experienced in short sales.
You can short sell it.  An NY lawyer can help.  So can a local broker experienced in short sales.
There are potentially serious ramfications for mishandling a bankruptcy filing.  But you can file on your own if you wish. Here's what you need to know if you wish to represent yourself in a bankruptcy case:  https://www.bklaw.com/bankruptcy-blog/2015/03/how-to-file-bankruptcy-without-an-attorney/ Here's some thoughts on why you need a bankruptcy attorney: https://www.bklaw.com/bankruptcy-blog/2011/08/need-attorney-file-bankruptcy/  ... Read More
There are potentially serious ramfications for mishandling a bankruptcy filing.  But you can file on your own if you wish. Here's what you need... Read More

Should I consider bankruptcy?

Answered a month ago by attorney Bankruptcy Attorney Mark J. Markus   |   1 Answer   |  Legal Mostics: Bankruptcy Lawyer
Bankruptcy is definitely an option you should explore.  If you own two properties with equity there may be  too much to protect and you might need to do a Chapter 13 case, but there's no way to evalute your options in this forum.  You should have a consultation with an experienced bankruptcy attorney in your State to go over everything with you.  ... Read More
Bankruptcy is definitely an option you should explore.  If you own two properties with equity there may be  too much to protect and you... Read More

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