If I am using someone else's money and a house that I flip sells for less then previously estimated am I out anything more then my time? Or can the private money lender sue me and make me cover the loss?
What if I am using an LLC?
I am mostly worried that the private lender... Read more »
If you find a private lender who would not require your personal guarantee and, often, security of your home co-signed by your spouse, you should hold that lender very close… or share his name with me. You will be completely liable on your project unless the lender is an idiot, and most hard...Read more »
I want to pay my debts that FDR is helping me with. AAFES debt was @ $5k when I was forced into medical retirement from the Air Force in 2011. Even though AAFES has diverted @ $3k in tax returns to put towards my debt, they claim I owe them almost $10k now. This is an absolute abuse of power by... Read more »
You will have to list all your debts and creditors if you file bankruptcy, whether it is a 7 or 13. You may want to consider 13 if you have assets to preserve or 7 if you don’t, but you must list all your debts and creditors in your petition.
Reason asking my creditors are constantly calling my place of employment all day long every single day and my cell number also. I have asked them repeatedly not to contact my place of employment but they continue to call my job anyway all day. Just need to put a stop to them calling my job and my... Read more »
Federally Funded Public Student Loans are typically non-dischargeable in Bankruptcy. An actual complaint needs to filed against the lenders and then you must meet an extremely high burden to even have the court consider
discharging your student loans. I'm not sure why a college or...Read more »
Need to share more detail. What is being alleged by the Trustee? Does he allege the debtor committed fraud? Or is he simply going after property that was transferred during the preference period, before the filing of the Petition?
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