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Archive for December 18th, 2007

Student Loan “Hardship Discharge” Very Unlikely »

A couple of recent decisions about student loan discharge should give you an idea about the very limited opportunity for a hardship discharge of student loans.  
If you liked that post, then try these…In the Armed Services? The Servicemembers Civil Relief Act May Help You Avoid Bankruptcy! (Part One of Four) by Kevin Gipson, New [...]

Long arm of bankruptcy trustee »

Three kinds of assets acquired after a bankruptcy case is filed become property of the estate and available to pay creditors: inheritances, life insurance proceeds, and marital property divisions.
The usual rule is that bankruptcy affects only assets that the individual owns on the date the case is filed. These three kinds of [...]

Who Are the Trustees in Your Neighborhood? Part II »

If you are in the Western District of Missouri, Kansas City Division, there are 10 Chapter 7 Trustees. You can never choose the trustee for your case, they are assigned by the Court at the time of filing. David C. Stover, is a Chapter 7 and 11 Trustee. Mr. Stover has [...]