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Interest Rate In Georgia
Is there a limit on how much interest rate a private creditor/ small business can charge on unpaid balance/ debt in Georgia?...
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In most cases if UST is thinking about filing AP or seriously investigating the case, they will always almost file for 60-90 days extension at least so they do not have to rush....
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UST'S 2004 exam lasted for 4 hours in the case. Isn't that a too long of a duration? I don't have the transcript yet. But that's way prolonged exam. Kind of unusual .
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Settlement in Chapter 7 Bankruptcy
If UST has filed an adversary proceedings in the chapter-7 case. Does Debtor have option to sign something as a compromise to agree with UST's finding and let the UST administer the bankruptcy , so the debtor does not have to face the lawsuit litigation? What is that compromise/surrender/settlement...
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Thank you just broke. The contact did have provision for the recovery all attorney fees. The debt is in six figures....
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Two Simultaneous Adversary Proceedings For The Same case?
What happens if two simultaneous Adversary Proceedings are filed to deny the discharge for the same chapter-7 case? One is filed by UST and another by a creditor....
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Thank you, Des. What is your lawfirm's name and contact info?
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Rule 2004 Exam Done. What Happens Next?
The United States Trustee finished rule 2004 exam on the debtor yesterday. What happens next?
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Student Loans & Chapter-7
Except in some rare situations, students loans do not get wiped out in chapter-7 BK. So, how does the distribution of liquidated BK estate work? Let's say, the BK estate has $100,000 liquidated assets. A unsecured general creditor has proof of claim for $130,000 and the student loans are $50,000. Since...
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Thank you, Des! UST asked for extension for themselves only. Another two weeks for the deadline....
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UST has filed the motion to extend the time to file complanit and motion for 2004 rule exam. Both are approved by the BKC. It is my understanding that both panel trustee and UST will be doing 2004 exam. I was just thinking about having an attorney to make sure the AP is filed if UST don't don it. I...
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I tried to send you PVT message with my case details. but it wont let me.
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Bankruptsy Fling Attorney Vs Bankruptsy Litigation Attorney
When I searched online on Avvo etc, I see lots of BK attorneys. But if someone needs a litigation attorney to fight in the BK court about BK fraud, denying chapter seven BK under section 727, how do find one who has done lot's on litigation on the behalf of creditor . I am a creditor in this case....
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Taking money out from the joint bank account
This is non consumer debt case so mean test does not apply. If a couple has a joint account and only wife is filing for the chpater-7, can the husband take most of cash out of the account and invest/spend on something else to it does not become the part of the estate?
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401(k) and chapter 7
Can I continue to make investment/contribution to 401K plan till the date I file for chapter 7 or do I need to stop doing it several months before filing?...
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