Recent content by quest42

What is the name of your state? CA My financial life has been a disaster since a layoff and divorce in 1998. I have tax debts from 1998 as well as 2000 (not yet filed) 2001 and 2002 (filed but not yet paid) with a total liability over $50,000 -- Federal and State (CA). I again lost a job...

What is the name of your state?What is the name of your state? CA My financial life has been a disaster since a layoff and divorce in 1998. I have tax debts from 1998 as well as 2000 (not yet filed) 2001 and 2002 (filed but not yet paid) with a total liability over $50,000 -- Federal and...

The Law of Reopening: Revisited See >>> http://www.usdoj.gov/ust/press/articles/abi012001.pdf <<< Reopening a closed no-asset consumer bankruptcy case to add a forgotten creditor -- may not be necessary ... Many districts do not reopen cases... it's irrelevant... effectively, in a no-asset...

Please help clarify -- How do the California System 2 exemptions work? Can the $18,675 homestead/ real/ personal property/ wildcard exemption be used along with other specific exemptions to make an aggregate total of more than $18,675 exempt? Yes, or no? My understanding is YES, is...

Here is an odd scenario: I bought a used 1998 truck in 2001 for $10,000. My truck is insured... If it gets totalled, the insurance pays book value -- I think... about $3,500 -- as of today. But, my 4-year vehicle loan (rule of 78 - bummer!) has another year left to pay off... a balance now of...

Gift = income ??? I am job-hunting and have made less than $5,000 on part-time, temporary, hourly jobs so far this year... needless to say, I am in the RED! Every few months I get a bailout gift/loan, if needed -- from a relative -- so I can make my car payment and buy food and gas and pay my...

What is the name of your state?What is the name of your state? California My step-mother owned real estate, personal property, and investments worth millions a few years ago. Now she is distitute. A real estate salesman befriended her, got a power of attorney, sold her property... and took...

Chapter 7 Bankruptcy Emergency Petition Filing Checklist... San Jose, California... October 14, 2005... Here is what I found out. I filed today (Friday 14 Oct 2005) !!! The www.FORM7.com program prints ALL the forms VERY nicely, including the "mailing matrix" (which apparrently is for...

Schedule D Question - Secured loan - the vehicle's asset value is less than the debt owed... The pay-off amount of my debt is $3,800 and the trade in value is $2,400. What happens? How do I list this on Schedule D?

MSA: Child Care Expenses - Sch E or Sch. F? Per our marital settlement agreement of 1998, my ex-spouse and I share Child Care and Medical expenses 50/50 for our two children. My ex-spouse has custody, and makes far more income than I do. There is no alimony or child support. I lost my job...

Oct 14th is the deadline!!! Trying to decide on my strategy... should I file an “emergency petition”? (Just the basic petition and the mailing list matrix.) Or, should I file all the schedules NOW, and then amend it in a week or two, if necessary. Oct 14th is the deadline!!! I do not have...

Any experiences with www.BridgeportBankruptcy.com ??? How about www.Form7.com ??? Gotta file this week! Filling out PDFs seems dicey. Just discovered http://www.BridgeportBankruptcy.com Their website looks very, very good... but the domain is registered in Europe. They claim to enable easy...

What is the name of your state? CA Schedule F and Creditor Matrix questions... 1. Do I need the full account numbers for all my accounts? Or, can I use the truncated account numbers from my credit report? 2. Can I list only the original creditor, or should I list the collection account...

What is the name of your state? California I understand that tax debts cannot be discharged in a bankruptcy, but an Offer-In-Compromise with the IRS may be helpful... my net worth is negative, and my current income is below the poverty level! My Questions: If I have not yet filed a tax...

Bankruptcy advice? What is the name of your state? California. I am looking for help... need to declare bankruptcy... Has anybody out there been through this process? [[ WITHOUT A LAWYER... ]] I have been laid off three times in the past 6 years, and now have over $25,000 in credit card...