By Peter Orville, Attorney at Law on Mar 18, 2008 in General Bankruptcy Information, New York, State Specific Bankruptcy Issues | 0 Comments
Throughout the country the number of people filing bankruptcy continues to rise. In the Northern District of New York, there was a 32.5% increase from 2006 to 2007. The Northern District of New York encompasses an area from The Thousand Islands and the St. Lawrence Seaway to the Pennsylvania border and from the Finger Lakes [...]
By Peter Orville, Attorney at Law on Mar 18, 2008 in Bankruptcy Practice and Procedure, Chapter 13 Bankruptcy, Choosing Bankruptcy Attorney, General Bankruptcy Information, New York, Role Of The Lawyer, State Specific Bankruptcy Issues | 0 Comments
Bankruptcy Judge Robert E. Littlefield, Jr., from the Northern District of New York outlines the rights and responsibilities of Chapter 13 debtors and their attorneys in a recently filed Administrative Order. After the case is filed, he suggests that:
The debtor agrees to:
1. Keep the Trustee and attorney informed of the debtor’s address and telephone number.
2. [...]
By Peter Orville, Attorney at Law on Mar 18, 2008 in Bankruptcy Practice and Procedure, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, General Bankruptcy Information, New York, Personal Finance, Protecting Assets In Bankruptcy, State Specific Bankruptcy Issues, Tax Issues | 0 Comments
Why should your tax returns be affected if your spouse files a bankruptcy? If you file a separate tax return from your spouse, there should be no effect at all. If you file a joint tax return, however, you should be aware of the following:
1. Your last (if joint) tax return must be sent to [...]
By Peter Orville, Attorney at Law on Mar 18, 2008 in Bankruptcy Practice and Procedure, Chapter 13 Bankruptcy, Choosing Bankruptcy Attorney, General Bankruptcy Information, New York, Role Of The Lawyer, State Specific Bankruptcy Issues | 0 Comments
Northern District of New York Bankruptcy Judge Robert E. Littlefield, Jr. recently filed an administrative order outlining the rights and responsibilities of Chapter 13 debtors and their attorneys. Before the case is filed, he suggests that:
The debtor agrees to:
1. Provide the attorney with accurate financial information and timely provide all requested documentation.
2. Discuss with the [...]
By Peter Orville, Attorney at Law on Mar 18, 2008 in Bankruptcy Practice and Procedure, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, General Bankruptcy Information, Marriage and Debt, Personal Property, Protecting Assets In Bankruptcy | 0 Comments
If it is clear what personal property is yours and what belongs to your spouse, then when your spouse files a bankruptcy there should be little or no detrimental effect on your personal property. Of course, to the extent your spouse’s personal property is not protected by a bankruptcy exemption, a Chapter 7 trustee can take [...]
By Craig Andresen, Attorney at Law on Mar 18, 2008 in General Bankruptcy Information, Protecting Assets In Bankruptcy | 0 Comments
Most of us are aware that in a bankruptcy case, some or possibly even all of your property and possessions can be claimed exempt. Such property is protected from being taken by your creditors, or by the trustee, in your bankruptcy. Congress allows use of exemptions to enable individual bankruptcy debtors to obtain [...]
