Legal Question in Bankruptcy in Illinois
I want to do bankruptcy,but I am a partner in a family limited partnership in Illinois (30% partner), that owns a farm in Illinois,,need help. can this be done?I live in AZ.
Asked on 1/04/10, 9:35 am
1 Answer from Attorneys
Adam S. Tracy
Securities Compliance Group Ltd
Is there any equity in the farm. That is the biggest issue. If not, there is likely no harm in you filing a bankruptcy. Please feel free to email me with any further questions; [email protected]
Answered on 1/10/10, 1:02 pm
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