Recent content by AcerS

What is the name of your state? MA Not a personal matter, just a homework example. Husband and wife file joint return. Household consists of wifes parents, and son and daughter. Wifes parents: no taxable income. They pay $600/mo to live in a room in the house. Appraiser finds rental...

What is the name of your state? IL My grandparents are in a situation where they might need to file for bankruptcy. They have credit card debt of around $35,000. Most of this is from helping out other family members who were supposed to be paying each month for them. Up until 5 months ago, I...

What is the name of your state? IL My wife and I are filing for chapter 7. Credit card debt: $195,000 personal and business Mortgage info: $165,000 Home Mortgage ($1300 per month) + $21,000 Home Equity Line of Credit ($175 per month) + $80,000 Small Business Loan (lien on house) ($1600 per...

What is the name of your state? IL "Civil claim regarding misappropriation of company assets" ------16 year old Employee About 4 or 5 months ago my little brother was caught by his employer for letting a friend steal $85 worth of merchandise. He was the cashier and put it in his friends...