Chapter 7 could use ideas

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Posted by Nike on March 02, 2010 at 11:09:17:
In Reply to: Partner in LLC files Chapter 7 could use ideas posted by domineaux on March 02, 2010 at 10:37:33:
He has to list his interest in the LLC. How many members? Does the LLC file taxes as partnership or did you elect S corp status? Do you have copies of tax returns? if not, why? What assets/liabilities are included in the LLC? Do you/partners have personal guarantees?
Get a copy of his bk petition and all schedules? what value did he assign to the LLC? What other assets does he have? Is he self-employed? Provide answers and we'll sort this out

Follow Ups:

Re: Chapter 7 could use ideas domineaux 12:27:17 03/02/10 (4)

ideas Nike 12:48:30 03/02/10 (3)

Re: ideas domineaux 15:04:28 03/02/10 (2)

ideas Nike 15:41:41 03/02/10 (1)

Re: ideas domineaux 18:44:09 03/02/10 (0)

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