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Will I Owe Money After My Assets Are Liquidated In Chapter 7 Bankruptcy?

By Ryan C. Wood It seems like there is no scenario that is not possible for some reason that is unknown until it is unfortunately known.  So goes life.  Yes, just because you had an asset sold or liquidated for the benefit of your creditors in a Chapter 7 bankruptcy case doe
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March 09, 2020
by Ryan C Wood
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Bankruptcy, Chapter 7, Property Tax, Real Property, Tax Collector

Is My Property In a Foreign Country Property That Must Be Disclosed When Filing Bankruptcy?

By Ryan C. Wood The answer is an emphatic yes. If you somehow own a star in the sky, or a rock on the moon and they are worth nothing, it is property of the bankruptcy estate when you file for bankruptcy protection and must be disclosed. At the same time, if the property is worth some
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August 06, 2014
by Ryan C Wood
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Bankruptcy, Foreign Country, Property of Estate, Real Property

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