Archive for August, 2009




One that is not high-volume that serves high-middle to upper class clients for bankruptcy and planning. Any suggestions or other similar level attorneys that could provide us a referral. We don’t want the 00 in and out style. We want someone who is known as one of the best and is accessible throughout the process.




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Executrix and Estate Questions?




My grandmother passed away a few years ago. Her estate was left to me. Once the property was transferred into my name, I learned there was a second property I never even knew about. That property is still in my grandmother’s name, and its going up for auction for failure to pay back taxes and I’m possibly going to lose it. Are my executrix and elder law attorney accountable for this??? Please advise.




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A. No effect on total liabilities, increase in debt to equity ratio
B.Increase in total liablities, increase in debt to equity ratio
C.No effect on total liabilities, decrease in debt to equity ratio
D.Decrease in total liabilities, decrease in debt to equity ratio

My answer is D. That is correct? I know B is not an answere.




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I meant the rate of crimes all over the world.




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what do you think if i ran for president?




If i ran for president at less i could do good the laws would have to stop,are forfarthers fought for freedom and now we have carpetbaggers in offices.did you know that you have to be rich to run for office ha what a joke.i dont care what kind of person in office as long as he or she works for the people,the problem we have is in congress and our goverment they need to help our people instead of helping other lands we should be free not comminest in our country yet you cant even go by the consintution any more that is bad the attorneys making the laws have to stop this should be the people vote if you vote for it then it should be law not them and making all money in return kand why dont we start having councels from all around the wold from each country and unite with them and see if we can have a plane of action fore the whole world no more passports all people one nation not a seprate nation,and what about your home after you buy it why should you steal pay taxes on it ?




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I recently became a Texas resident and paid sales tax to Texas on a car I purchased. Is that state sales tax deductable from my federal income taxes (Texas has no state income tax)?




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How can I change my current bancruptcy?




I filed a chapter 13 bancruptcy in Feb 2005. I kept my new car, and now I find it hard to pay all my bills since they take 0 a month out of my check for the bancruptcy. Is there any way to serender the car and get the payment lowered? Any suggestions?
I have a 5 year plan and still have 4 of those years left. Selling the car wouldn’t help, I don’t have the title Toyota has the title until it is paid off.




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Trade Promissory Note for IRS debt?




Could one sign over a promissory note due to pay upcoming IRS taxes? A friend of mine is going to owe the IRS next year but he also invested in a start up company and wants to sign over the promissory note to the IRS and let them collect… is this possible?

I can’t find anything on the IRS sites that pertains to this problem..
Edit: Wouldn’t the IRS liquidate any of his assets if he can’t pay his tax debt?
And wouldn’t this Promissory Note be considered an asset?




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