The bankruptcy discharge is the typical end of the Chapter 7 or Chapter 13 case. Â A Discharge of Debtor releases you from all collection activities in connection with a discharged debt. Many New York bankruptcy lawyers believe that the only way procedurally to enforce the discharge injunction is by filing an adversary proceeding. The recent [...]
November 2009
In a move that shocked and amazed the South Carolina bankruptcy community, attorney Dennis Toney of Charleston scored a big victory for his clients by successfully challenging the application of the 910-day rule. Toney’s keen analysis has led some to question whether Toney is part Vulcan, or 100% human as previously thought. An investigation is [...]
This week, the United States Bankruptcy Court for the Eastern District of North Carolina entered an order mandating that mortgage payments will now be made through the debtors’ chapter 13 plan. These are often called “conduit” plans because the chapter 13 trustee acts as a conduit for the mortgage servicer and collects payments on the [...]
If you are considering bankruptcy to deal with debts you can’t pay, you are probably also worried about what you might loose if you file. As unemployment rates continue to rise, it is a good idea to try to bunker down and prepare for the worst so you can ride out the storm if you [...]
Here are seven easy steps to pay off high interest rate credit cards. In fact these tips show you how to eliminate high interest accounts entirely and how to perform simple regular maintenance adjustments to keep your credit accounts within reasonable limits. 1. Fingerprint your credit cards. On a simple word document or piece of [...]
Thinking Of Filing Bankruptcy? Don’t Give Anything Away. “I’ll just give my car to my niece.” I can’t tell you how many times I’ve heard that or something similar from a client about to file bankruptcy. Sometimes the client has the best of intentions: “she’s about to graduate college and I always promised her a [...]
