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TwiggyRamirez asked:


I was an employee for a company that went bankrupt a year ago. A few moths ago I was given the right to sue by the EEOC. Is there a chance that any insurance money is still left if I get relief from stay?

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Stacey C asked:


I purchased a foreclosure in June 2008. I know the Foreclosure Prevention Act underwent many revisions. Does anyone know if the final version which the President is expected to sign still includes the provision for the $7000 tax credit for the purchase of owner occupied foreclosed homes? I am not a first time homebuyer.

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Blue asked:


Me and a few people who dislike a company,is trying to get people to switch to there competitor that even costs less. This might bankrupt them some people say,So is this legal to do?

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Ali [Suspended] asked:


My family is bankrupt and were getting sued ALOT of money cuz my little brother hurt alot of people in a car accident (and he had no license or insurance). What happens if we just dont have the money?

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Healthy Environment asked:


In addition to this law question, I have some ethics questions:
How much SHOULD you have to be in debt to be legally allowed to declare bankruptcy? 0? 10k? 20k? 50k? 100k?

why should debt for a home mortgage, business, or other be cleared during a bankruptcy, but not a studetn loan debt? shouldn’t all debts be treated the same? a debt is a debt is a debt, right?

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I’m a creditor whose debt is secured by a real mortgage. I’ve received recently a notice that the debtor has filed for bankruptcy under chapter 7 of the US Bankruptcy code. What will happen to both my loan and my mortgage? Will I be enjoined from foreclosing the mortgage? The insolvent debtor by the way is an individual, not a corporation. Please prvide legal basis.

Thank you.

By: JV

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