It is highly recommended that you contact a bankruptcy attorney. You have several issues here and each of these issues has consequences (good and bad) that can impact the bankruptcy proceeding. This is a brief and general breakdown of your issues.

(1) Garnishments. Bankruptcy will stop... View More

Unfortunately, income taxes need to be at least 3 years old before they become dischargeable in bankruptcy. However, your tax debt will be considered a priority claim, so any assets liquidated in a Chapter 7 bankruptcy will go to pay the taxes ahead of most other creditors. If you file a Chapter... View More

Yikes! Not necessarily. There are two types of business bankruptcies: Chapter 7 and Chapter 11. There is also personal bankruptcies (Chapter 7 or Chapter 13 for businesses that are not incorporated). There are a lot of details to each method, but the important information for you is that Chapter 11... View More

You can file an emergency bankruptcy by filing the Petition form along with a credit counseling certificate and a list of creditor names and addresses. The court will give you 14 days to file the other schedules and statements.

Contact a bankruptcy attorney. Bankruptcy can eliminate mortgages, but the lender can also foreclose on the home. Some exceptions can allow a home to be retained. Note, there are different rules for a single primary mortgage and secondary (or later) mortgagors.

Bankruptcy is federal law, so moving will not significantly impact the normal bankruptcy rules. Each state has specific rules related to property that will not be counted in bankruptcy. Note, there are rules in place to prevent a person from moving to another state because the state has more... View More

This means that the trustee has approved the bankruptcy and that the bankruptcy is near completion. The discussion of abandoned property relates to any property that was not listed on the bankruptcy filings (this is to catch people who "magically" lose property, but then suddenly discover... View More

If you did not guarantee anything then you are not liable for strictly corporate debts. Concerning the stock, if it has any market value the trustee will try to sell it. Minority ownership interests in a closely held corporation are often worth very little, but I would need more information to... View More

I am assuming he is filing Chapter 7. If your husband transfers any property to you for less than market value within 1 year of filing bankruptcy (and as much as 4 years under Colorado law), it will be deemed a fraudulent transfer and the bankruptcy trustee can void the transfer for the benefit of... View More

There are a lot of things to consider here. I understand that you want to do the right thing, but you may be subject to NDAs (non-disclosure agreements) and other potential violations of privacy/confidentiality. The best advice is to contact a lawyer directly (at least the discussion will be... View More

They may communicate. If you misstated income, the best advice is to work on correcting the incorrect data. Corrections filed before agencies become aware of the error/omission usually excuse you from most or all of the potential negative consequences of the error. Contact a bankruptcy attorney for... View More

As a legal matter, bankruptcy does not prevent you from getting a mortgage. However, mortgages are not a right and a lender can choose to not extend credit to you (or charge a higher rate based on your credit risk). In short, you will have trouble finding a loan, but you can theoretically get a... View More

If you used a bankruptcy attorney, contact your attorney. If you did not, review your documents to see who you can contact (e.g. the court). Be aware, formal discharges can take a while to arrive at your address (i.e. delays are normal).

There are other options. First, you can enter into a payment plan with the IRS. Second, you may qualify for some of your tax debt being forgiven (see a tax attorney for details - the requirements are stringent and most taxpayers that do qualify see a comparatively small reduction in their tax... View More

Since Justia's Q&A section is not covered under attorney-client privilege I won't discuss the specifics of your situation. I do recommend that you met with a bankruptcy attorney for at least 1 hour (the advice will be worth the expense). Turning to general bankruptcy rules, it is... View More

There are too many variables to give you a firm answer of yes or no. I recommend that you contact a bankruptcy lawyer to review your case (it should be no more than $100-200). If I was venturing a guess, your probably filed for Chapter 13 (reorganization). This would mean that your car was excluded... View More

Since the debts occurred during marriage, you and your ex are jointly and severally liable for the debts (meaning you both are required to pay). You may be required to pay 100% of the debt, but you can seek reimbursement from your ex (at least for 50% of the costs). Be aware the reimbursement would... View More

Try this book: http://www.amazon.com/New-Bankruptcy-Will-Work-You/dp/1413321488/ref=sr_1_2?ie=UTF8&qid=1453434512&sr=8-2&keywords=nolo+bankruptcy . Nolo also has books for Title 7 (liquidation) and Title 13 (reorganization). This is the official US Courts website:... View More

The answer depends upon whether you intend to file under Chapter 7 or Chapter 11. You likely would qualify for a temporary stay, but a permanent stay (and potential write-off) of the garnishment is determined by the nature of the garnishment (taxes, child support, judicial lien, etc.).

Yes, the filing of a bankruptcy petition normally halts state court foreclosure proceedings against the debtor. The person who wants to evict would have to ask the bankruptcy court for relief from the automatic stay of bankruptcy.