I am filing chap 7 Bankruptcy Personal and I am self employed, I need advise badly now Thanks? - wholesale chap stick for wedding favors
But I'm on Chapter 7 bankruptcy, because my credit card debt over 85k unsecured and can not afford to pay. In any case, I have an LLC, where my wife and I own. Now, the LLC is to buy wholesale and retail. Then we have the LLC, which decided to enter the market for ATMs. So we bought over 13 machines and put them in the economy. Now my question is, since my business is in retail buying in bulk (which could also buy crisps and sweets and soft drinks in vending machines wholesale and retail) If You declare bankruptcy, Chapter 7 is my insurance vending machine and stole the senses " not lost in bankruptcy. The trick, as well as vending machines in places, see what I say. nw I write checks credit cards and deposit into my account when I bought this machine 2 years ago but again, as they will know that I bought this machine and how it is now 2 years still in force. Just do not want to lose my machine, I expect that my income but not enough to cover all my bills. It is still my living. Can they take my machine away and there is a way to protect my computer? The fact that my company is a limited liability company, you need to make sure my machines are taken? The bankruptcy attorney, I spoke with told me that my equipment is not in bankruptcy sure, but I forgot to tell you that my company is an LLC and what, if you pay cash for these machines as I 2 years agoThey did not buy their security. Please give me the best advice possible and accurate. Thanks
Sunday, February 14, 2010
Wholesale Chap Stick For Wedding Favors I Am Filing Chap 7 Bankruptcy Personal And I Am Self Employed, I Need Advise Badly Now Thanks?
2 comments:
Part of the answer depends on what state you are and what the exceptions are in your state. The fact that you mean the simple machines that you equity, which means that the trustee is it as a potential source of money just to pay the creditors.
You want to be careful here. Companies can make Chapter 7, but by definition, Ch 7, an entity may, in bankruptcy. A company that files of Channel 7 can not continue trading. A person (or couple) that Chapter 7 may be exempted from certain of the assets seized by the trustee were to satisfy creditors - and depending on the state exemptions.
If you use the information he received from the attorney that you have mentioned are not sure, make an appointment with another attorneyAdvice for 2nd Many offer an appointment for a free or very low cost for this.
Make sure an attorney whose practice specializes in bankruptcy to ask. Attorneys general practice can be a simple file bankruptcy, his situation is not easy. Get advice from an attorney general practice would like to contact your family doctor for a heart transplant. Their situation is complicated enough that you should consult a specialist.
Why not a bankruptcy lawyer with you?
If you are following the bankruptcy of your hearing, you have all your debts and assets, and yes, their machines are an asset to show.
It is too complicated, here is a question and actually a lawyer should does the work for you, or do something you from the machine. Well, not really their machines? Since you borrowed money to pay them, and now will not be refunded. That is a lesson for another time, though.
Get a lawyer.
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