Filing for Bankruptcy And No Real Property
I have one question about filing for bankruptcy-- Is there such a thing as do it yourself bankruptcy? The car I drive is not mine, it has never been in my name. Do I have to worry about someone claiming that it is really mine, since I drive it? Also, I have some IP's-- I work in comics. Right now, they're not worth ANYTHING. Now, presuming that God smiles on me, and three weeks after my discharge George Lucas decides he wants them, how do you handle that. Go back to the trustee and amend the form?
Answer:
Assuming that the car wasn't transferred out of your name to hide it in the bankruptcy, it shouldn't be a problem. The IP needs to be listed at its current value. Hope that Lucas doesn't call until after your discharge.
| Bankruptcy FAQ Main Page | Do It Yourself Bankruptcy | Cost Of Bankruptcy | Business Bankruptcy | Bankruptcy Types | Bankruptcy Procedure | Bankruptcy Mortgage | Bankruptcy Law | Bankruptcy Info | Bankruptcy Forms | Bankruptcy Debts | Bankruptcy Court | Bankruptcy Chapter 11 | Bankruptcy Chapter 7 | Bankruptcy Alternative | Bankrupcty | Bancruptcy | Personal Bankruptcy Laws | Personal Bankruptcy | Life After Bankruptcy | Filing Bankruptcy |
