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Properly listing debt of deceased wife - personal and LLC
It is generally wise to error on the side of caution and list every
potential creditor.for debtor and deceased spouse just in case their is an obligation owed.
Mark T. Jessee
Law Offices of Mark T. Jessee
"A Debt Relief Agency"
50 W. Hillcrest Drive, Suite 200
Thousand Oaks, CA 91360
(805) 497-5868 (805) 497-5864 (Facsimile)
In a message dated 5/9/2016 3:06:09 P.M. Pacific Daylight Time,
cdcbaa@yahoogroups.com writes:
Hi List Mates:
I am drafting a chapter 7 bankruptcy petition for the surviving spouse,
with debts that existed longer than their 1 year marriage and his spousesrecent death. The deceased spouse had personal debts, and tax-related debts
from an LLC (surviving husband was not listed as an officer -- not a
responsible party). As he is the only debtor filed, just checking to determine
whether to list the spouses debts under community property (they lived inCalifornia), or as Debtor and Another Party?
Debtor also had debts from a former corporation in wh ich he was an
officer. Should those debts be listed as Debtor and Another Party?
Thank you,
Stephen Stern, Esq.
Law Office of Stephen M. Stern, PLC
1026 Palm Street, Suite 215
San Luis Obispo, CA 93401
(805) 543-LAWS
It is generally wise to error on the side of caution and list every
potential creditor.for debtor and deceased spouse just in case their is anobligation owed.
Mark T.
JesseeLaw Offices of Mark T. Jessee"A Debt Relief Agency"50 W.Hillcrest Drive, Suite 200Thousand Oaks, CA 91360(805) 497-5868 (805)
497-5864 (Facsimile)
In a message dated 5/9/2016 3:06:09 P.M. Pacific Daylight Time,
cdcbaa@yahoogroups.com writes:
The post was migrated from Yahoo.
Hi List Mates:
I am drafting a chapter 7 bankruptcy petition for the surviving spouse, with debts that existed longer than their 1 year marriage and his spouses recent death. The deceased spouse had personal debts, and tax-related debts from an LLC (surviving husband was not listed as an officer -- not a responsible party). As he is the only debtor filed, just checking to determine whether to list the spouses debts under community property (they lived in California), or as Debtor and Another Party?
Debtor also had debts from a former corporation in which he was an officer. Should those debts be listed as Debtor and Another Party?
Thank you,
Stephen Stern, Esq.Law Office of Stephen M. Stern, PLC1026 Palm Street, Suite 215San Luis Obispo, CA 93401(805) 543-LAWS
The post was migrated from Yahoo.