If you were to file for bankruptcy protection, your interest in the corporation would be considered an asset of the bankruptcy estate. That interest (shares) could be sold and the proceeds used to pay your debts.

If the debt was discharged in bankruptcy, later collection action on that debt violates the bankruptcy discharge order. Creditors who violate the discharge order may be sanctioned by the bankruptcy court. Talk to a consumer lawyer in your areas who handles bankruptcy discharge violations to... View More

If I understand your question to be: Can one spouse file a bankruptcy only for him- or her-self without the other spouse filing or knowing about it, then the answer is yes. Even when married, only one spouse needs to file. The other spouse is not part of the bankruptcy and the other spouse's... View More

Yes, a bankruptcy filing is public record. However, the employment retention information may not be filed with the court. It depends on the status of the case and the particular requirements for that court.

That's a really broad question and I could talk your ear off for an hour giving you the answer.

Basically, a Chapter 7 is a bankruptcy where you discharge all your unsecured debt but do not get rid of secured or priority debt. It is possible to lose property in a Chapter 7 if the... View More

No. If you've filed bankruptcy, tell your attorney immediately. I think you can threaten them with an adversary action for violating the automatic stay.

Here is more information about the automatic stay: http://www.lawrencelaws.com/what-is-an-automatic-stay-and-how-does-it-affect-me/

If the master commissioner had notice of your bankruptcy, then it should not have been sold. If the master commissioner did not get notice, then the sale may have occurred anyway. If that happened, then the sale is final and the home is lost. Hopefully you got notice to the master commissioner... View More

If the Bky was dismissed you can resume your collection efforts.

If there was no Child/Sposal Support granted, it is dischargable. However, if the fees were incurred in the pursuit of support or are noted to be "in the nature of support" No.

If there was no Child/Spousal Support granted, it is dischargeable. However, if the fees were incurred in the pursuit of support or are noted to be "in the nature of support" No.

If there was no Child/Spousal Support granted, it is dischargeable. However, if the fees were incurred... View More

If you are a natural person, verses a fictitious (i.e. corp, llc, etc.), you are permitted to represent yourself in court. However, Bky is a VERY COMPLICATED area of law, involving a combination of State Laws and Federal Procedures.

Fees vary case to case based upon the amount of work required. Chapter 7 cases generally start at $1,500 for an experienced Bky atty. Chapter 13 cases start at about $2,500. Some attorneys, like myself offer specials and discounts. The Filing fee for a Chapter 7 is $306, for a 13 it is $281. If... View More

A: Unless there is unexempt property, usually a Creditor does not receive payment. Even when something is unexempt and administered, Creditors generally only get pennys on the dollar. Unless you can show some fraud in the granting of the loan and have your loan declared nondischargable, the most... View More

Probably not. Lenders are ridiculously flaky like that. If you are in bankruptcy and making mortgage payments, then the automatic stay is protecting your home.

Here is some information about bankruptcy's effect on foreclosures:... View More

Debt is not the only thing to look at when considering Bky. Income must be examined to confirm you pass the Means Test (income is compared to those in your community). You must also examine transfers/sales (court could reverse transfers or sales for less than market value) and exemptions (you... View More

You should file a Proof of Claim in the bankruptcy case. This form should have been provided to you with the Notice of Bankruptcy. Depending your priority as a Creditor and if the Debtor has any property to be administered, you may receive something. Wages are consider a high priority.

Unless the Family Law Court Ordered, or it was placed in the Dissolution Agreement that the debt was "in the nature of support" it can be Discharged in a Bankruptcy.