By Stephen Otto, Pennsylvania Bankruptcy Attorney on Oct 4, 2007 in Automatic Stay, Bankruptcy Cases of Interest, Bankruptcy Practice and Procedure, Benefits of Bankruptcy, Chapter 13 Bankruptcy, Collection Issues, Consumer Protection, Debt Collector Abuses, Decisions of Interest, Discharge Violations, General Bankruptcy Information, Pennsylvania, Protecting Assets In Bankruptcy | 0 Comments
For a long time, Debtors have been troubled by the scenario where they owe money to the institution from which they graduated but are unable to obtain their school records to support their job applications due to having a balance due and owing to the institution. Whether it is a stay violation for an institution to [...]
Popularity: 11% [?]
By Jill Michaux, Kansas Bankruptcy Attorney on Oct 4, 2007 in Bankruptcy Practice and Procedure, Benefits of Bankruptcy, Chapter 12 Bankruptcy, General Bankruptcy Information, Kansas, Protecting Assets In Bankruptcy | 0 Comments
Chapter 12 bankruptcy is a specialized type of bankruptcy for family farmers and family fishermen with regular annual income.
This type of bankruptcy allows family farmers and fishermen in financial distress to propose a plan to reorganize their operations and pay back some or all of their debts over time
Chapter 12 is tailored to meet the [...]
Popularity: 9% [?]
By Peter Orville, Attorney at Law on Oct 4, 2007 in Bankruptcy Practice and Procedure, Choosing Bankruptcy Attorney, General Bankruptcy Information, Role Of The Lawyer | 0 Comments
Bankruptcy attorneys and their office staff understand how anxious most people feel the first time they meet to discuss filing bankruptcy. In order to help you to be a little more at ease, here is a list of documents that you can begin collecting prior to your first meeting with the attorney or staff. Keep [...]
Popularity: 5% [?]
By L. Jed Berliner, Springfield Bankruptcy Attorney on Oct 4, 2007 in General Bankruptcy Information | 0 Comments
Yesterday I provided a brief overview of the Means Test and its three parts. IRS Allowable Living Expenses Standards are critical for the 10% of bankruptcy filers who have above-median income. Those standards just changed. (IRS allowances update.)
The new standards create a new minimum amount for out-of-pocket health [...]
Popularity: 5% [?]
By Däna Wilkinson, Attorney at Law on Oct 4, 2007 in Bankruptcy Practice and Procedure, Chapter 13 Bankruptcy | 0 Comments
Karen Oakes’ post on reasons to object to unsecured claims in Chapter 13 cases reminded me of a related issue–the importance of examining and, when appropriate, objecting to secured proofs of claim in Chapter 13 cases.
If you liked that post, then try these…Can I Contribute to or Repay a Loan to 401k in Chapter 13 [...]
Popularity: 3% [?]
By Däna Wilkinson, Attorney at Law on Oct 4, 2007 in Consumer Protection, Foreclosure Issues, General Bankruptcy Information | 0 Comments
CNN Money has this article about the legislation pending in the House of Representatives, which would change the bankruptcy laws to allow bankruptcy courts to modify home mortgages (as they can do currently for investment properties and vacation homes). The Center for Responsible Lending [CRL] calls the proposed change a “tweak,” and says it [...]
Popularity: 3% [?]