Tracy Hope Davis has been appointed U.S. Trustee for Region 2 (New York, Connecticut and Vermont). She has been acting U.S. Trustee since July 1, 2010. She joined the U.S. Trustee Program in 1997 as a trial attorney and has served as the Assistant U.S. Trustee in New York City and the Acting Assistant U.S. [...]
August 2010
A criminal restitution payment can be a bankruptcy preference says the 9th Circuit. If paid within 90 days of a bankruptcy filing, a criminal restitution payment can be recovered by the trustee for the bankruptcy estate. In State Compensation Insurance Fund v. Zamora a three judge panel of the 9th Circuit Court of Appeals ruled [...]
You’ve seen the ads for “Debt Management Programs”–”Settle $10,000 in credit card debt for as little as $2,000!” But do they really work? Do they make sense? Or are they scams? Yes, they work. But only rarely do they make sense. And as for whether they are scams…it depends on your definition of a scam. [...]
If you are unable or unwilling to file a bankruptcy, the only way to stop a foreclosure is to fight the foreclosure in state court. When it comes to saving homeownership in Florida, the middle class is on its own. Any plan implemented by President Obama and Congress has proven woefully inadequate, and it’s no [...]
North Carolina has implemented a “pay your traffic ticket on-line.” While this is not exactly related to bankruptcy, there is a connection. For debtors in a chapter 13 case, the case can last up to five years. That is five years of making sure that you budget your money and carefully consider non-recurring expenses like . [...]
Does bankruptcy require qualification ? I hear that often in my consultations with consumers who are looking for some relief from their debts. The easy answer is “yes;” almost everyone in is entitled to some kind of bankruptcy relief. Most often, the question arises because of horror stories the client has heard about not being [...]