Using a common sense interpretation of the IRS Code, Judge Robert L. Krechevsky has decided that the full transportation expense should be allowed a debtor in the Means Test even though the vehicle does not have a loan on it. In the case of In Re Roberts on February 28, 2008, the U.S. Bankruptcy [...]

What happens to your car loan if your Chapter 13 gets dismissed three or four years into your plan. I recently received a question about this on my Atlanta Bankruptcy blog. The debtor, named Melanie, is a single mom who lost her job following knee surgery. Now her case is dismissed and [...]

So who doesn’t get depressed when filing for bankruptcy protections?  Still, you need to be careful about holding onto your records.
In Lassman v. Keefe (In re Keefe), 380 B.R. 116 (Bankr. D. Mass. 2008), a builder incorporated his business.  He became depressed when he ran into difficult times and put all his records in a [...]

The Government has now finalized the 2008 Rebate Checks decision. Are they an asset? In a word, yes. You will need to check with your attorney as to how the rebate checks will be handled if you are currently in a bankruptcy or if you are contemplating filing a bankruptcy.
In the Western [...]