When a secured creditor forecloses on a house it wants to do so for the least amount of money and with the least amount of difficulty. A method gaining popularity among creditors for the orderly transfer of property that has been used in other areas of the country has come to New Orleans: KEYS FOR [...]
July 2009
My clients struggle deciding which of their debts should be listed in their bankruptcy papers. This is wasted time. My headline poses a trick question. There is no decision to make: you include ALL of your debts. Period. “But, but, but,” the clients sputter. ” I want to keep my car, or patronize my dentist, [...]
Do I Need A Credit Card? Type the phrase “Do I Need A Credit Card” into any search engine and you get as many conflicting answers as there are articles. The inability to get a credit card is probably one of the biggest fears my bankruptcy practice clients have. For the most part, since the [...]
On July 14, 2009, the 10th Circuit Court of Appeals issued a decision disallowing a “no doc” claim in a Bankruptcy Case. Such a holding by the 10th Circuit now binds all Courts in that Circuit and will have an impact on similar proof of claims throughout the United States. In the case of Caplan [...]
As a foreclosure defense attorney headquartered in Jacksonville, Florida, I was not surprised to learn that foreclosure notices in Jacksonville jumped 36% from May to June. When asked by the local media why this was occurring, I very eloquently said, “I dunno.” The spike didn’t surprise me because our phones in Jacksonville and Daytona Beach [...]
When you file bankruptcy, you have to list and disclose all your assets, including your money in bank accounts. If it is within the exempt amount you are allowed to keep, you must claim the exemption. Do you think you can always amend the bankruptcy schedules later if it turns out there was more in [...]
