Click Here To Receive FREE Email Updates!

Archive for March 5th, 2008

The Trustee’s Office Moves to a New Location in Connecticut »

The United States Trustee’s Office for operations in Connecticut has moved from its previous location at One Century Tower on 265 Church Street, New Haven to 150 Court Street in the Giamo Federal Building. Bankruptcy examinations for the New Haven and Bridgeport courts have also [...]

Chapter 13 payments explained »

I’m a fan of Chapter 13 and each time I pitch 13 to a client, I need to explain that though it is called a “repayment plan”, you’re likely repay only a fraction of your debt.
Here’s how your lawyer determines just how much you have to pay to the trustee for the life of your [...]

Did You Hear The One About The Judge, The Fed Chairman And The Female Attorney From Arkansas »

There was a Judge, a Federal Reserve Chairman and a lawyer, each pondering why the mortgage mess keeps dragging down the overall market economy. The Judge could not believe banks would not rewrite loans for a small loss to avoid taking a bigger loss in foreclosure. The Fed Chairman publicly encouraged banks to [...]

Discharging Student Loans in Bankruptcy: It’s Worth Talking to Your Lawyer »

It is well known that student loans can’t usually be discharged in a bankruptcy case. What is not well known is why, and what you might be able to do about it.
Section 523(a)(8) of the bankruptcy code says that student loans cannot be discharged in either chapter 7 or chapter 13, unless repaying the student [...]