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New Massachusetts Bankruptcy Web Site

By Nicholas Ortiz, Boston Bankruptcy Attorney on Apr 7, 2008 in General Bankruptcy Information

The Massachusetts Bankruptcy Court recently launched a new web site. Judge’s opinions, local rules, and general bankruptcy information for both debtors and creditors can be found on the site. Among other things, under the Announcements Section is a copy and notice of the proposed revisions to the local rules of bankruptcy procedure.

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Congress Considers Bill that Would Allow Homeowners to Modify Mortgage Terms in Chapter 13

Jonathan Alper, writing in the Florida Bankruptcy Law blog, reports that Democratic congressmen have introduced House Bill 7307 which would empower bankruptcy judges to reduce the balances of "upside down" mortgages to the value of the property and to reduce mortgage interest rates in some cases. (...)

Should the Big Three Automakers File Bankruptcy?

The headlines about the economy are grim and seem to repeat the same refrain — the Dow Jones, the NASDAQ and the S&P 500 seem to hit new lows every day. Recent drops have been driven by concerns about the struggling auto industry. (...)

Georgia Legislature to Cap Real Estate Tax Assessment Increases?

It appears the Georgia Legislature is seeking to cap real estate tax re-assessment increases at 3% per year. According to the Atlanta Business Chronicle, Republican lawmakers pre-filed legislation to this effect with Georgia House of Representatives on Monday November 17, 2008. The measure, if approved would actually amend Georgia’s constitution. If the proposed constitutional amendment is approved by two-thirds of the legislature then it will be submitted to Georgia voters in the next general election held in an even year. (...)

Tax Refund May Be At Risk in Bankruptcy

If you plan on filing bankruptcy after January 1 of next year or of any year, you need to speak with your lawyer regarding whether your income tax refund can be protected. If you overpaid your taxes and are due a refund, that refund becomes your property on January 1, even if you have not yet filed your return. (...)

Bill Collectors Have Blogs

Here at theBKBlog, I focus on bankruptcy issues, creditor abuse issues and information that can benefit those considering bankruptcy. Did you ever wonder about the other side. Yes, bill collectors have blogs as well, and it makes for interesting reading because bill collectors blog about areas of concern to them - avoiding lawsuits for unfair or deceptive practices, educated debtors, whether or not to use email when contacting debtors. (...)

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New Massachusetts Bankruptcy Web Site

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