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New New York Bankruptcy Legal Questions & Answers

Does having an LLC protect your personal assets from a labor lawsuit?

sAn LLC offers considerable protection from a wage and hour, including overtime, lawsuit: as …

FreeAdvice Contributing Attorney answered 8 months ago

Foreclosure and Investment property

Once they filed for bankruptcy, which is what you indicated they did, you cannot …

FreeAdvice Contributing Attorney answered 1 year ago

What constitutes a violation of the automatic stay?

No, it's not a violation of the stay: The stay is just that: a "stay," …

FreeAdvice Contributing Attorney answered 4 years ago

If I have a lawsuit in procees for wrongful death against a nursing home but am considering filing for bankruptcy, would that effect my lawsuit?

Not directly: bankruptcy affects debts owed *by* you, including debts incurred due to lawsuits, …

FreeAdvice Contributing Attorney answered 5 years ago

If I am an authorized user on 2 of my mother's credit cards and declare bankruptcy, will it affect my mother's credit?

If she is a co-debtor, she will be solely oblgated on the debt.  If … answered 5 years ago