If you are in a Chapter 13 Plan in the Eastern District of Louisiana, which is the Bankruptcy Court for the Greater New Orleans area, the mailing address for the mailing of your Chapter 13 Plan payments has changed. You should now send your Chapter 13 Plan payments to: S. J. Beaulieu, Jr., Chapter 13 Trustee, [...]
October 2009
The point of filing a bankruptcy case is to get a discharge of your debts. The deal is simple. An honest debtor gets a fresh start. The price of the bargain? You have to let the trustee have all of your “non-exempt” assets. That means you have to tell the trustee about everything you have. [...]
Bankruptcy lawyers can’t help but pay special attention to TV or radio ads aired on behalf of so-called “debt settlement” companies. Aside from the fact that such firms have frequently been the subject of federal or state regulatory investigations, their ads are often filled with misleading or questionable claims. Here are some quotes from ads recently [...]
We all handle medical problems differently. Go to any Emergency Room and you may wonder why the guy experiencing chest pains for the past week didn’t come in earlier and why the kid with the splinter is there at all. Financial problems are the same. Some delay getting financial counsel, while others are pro-active and [...]
How is Chapter 11 better than Chapter 13, and how could a Chapter 11 bankruptcy possibly be cheaper than a Chapter 13? The first major difference between an Individual Chapter 11 and a typical Chapter 13 is that there is only a small trustee fee in Chapter 11 versus the huge administrative expense imposed by [...]
Oregon residents will be affected by the new means test/median income numbers announced by the United States Trustee Program Department of Justice. The numbers are adjusted periodically by the U.S. Trustee Program and generally have a negative impact on those wishing to file a Chapter 7 bankruptcy.
