Recently, a class action lawsuit was filed in a Texas Bankruptcy Court over the proper disclosure of fees. This may seem like a rather mundane issue to be discussing on this blog, but the truth about where these fees are going and who they are going to is going to be analyzed in the future [...]
February 2008
Let’s face it, times are tough and the future isn’t looking too bright. The U.S. economy is heading into a recession, and you’ve just received your discharge in bankruptcy. Sure, things don’t look too promising right now, but, you are actually in the best position that you could be in. You may be saying to [...]
Just because you surrender your home in bankruptcy or your home has been foreclosed upon you can be arrested in relation to your property. It does not happen very often but as more properties are being foreclosed upon I think the probabilities of arrest will increase.
What happens to your tax refunds during the life of your Chapter 13 in the Western District of Missouri? Good question. As of two weeks ago the rules have changed. Previously you could keep the first $1,000 without scrutiny or question. Any amount between $1,001 and $2,500 you would send a letter to the Trustee [...]
I recently received the following question from a reader of my Atlanta Bankruptcy blog: In my research, I have found out that I should and have the right to file “Notice of Conversion” along with a maximum $25 court filing fee in order to have this done. I would like some direction or guidance to [...]
Some of the categories of expense on the bankruptcy means test form (Form B22A for chapter 7, Form B22C for chapter 13) are “special.” This is because unlike the categories which use an IRS standard allowance to determine one of your household living expenses, the “special” categories use the actual expenses you incur for that [...]