JUDGE LARRY WALTERS becomes the latest Ohio bankruptcy judge to agree that as long as you are contractually due on house you can deduct the monthly payments from the MEANS TEST even if you are surrendering the house. IN RE JANICE PHILLIPS This is important as the more Judges sign on to this concept the [...]
Bankruptcy Law Network
75% of tax filers get a refund. And the average refund amount is over $ 2,300. Â I was surprised by these figures. Â Am I the only one not getting an “annual bonus” from the government? What is wrong with getting a refund check, and what does it have to do with filing for bankruptcy? [...]
New York bankruptcy lawyer and past President of Bankruptcy Law Network Jay S. Fleischman has long embraced social media tools such as Twitter and Facebook. But now he’s put his belief to good work by sponsoring Go Global 24, a fundraiser for Doctors Without Borders. Go Global 24 is being billed as 24 Hours of [...]
It is not uncommon for a debtor to have second thoughts about filing for bankruptcy relief, terminate attorney services prior to filing, and request a refund. There are many reasons debtors change their mind, such as being persuaded by others that bankruptcy is not in their best interest, finding a cheaper price by less experienced [...]
Reaffirmation is the process used by an individual who has filed bankruptcy to keep their secured assets and continue to pay the secured debt. Mortgage debt is a complicated area involving reaffirmation. it is important to review this in your state as property and foreclosure law varies from state to state. Here in Ohio it [...]
What does pet ownership have to do with filing bankruptcy? It is just one of the many expenses of life that most of us underestimate. Unless you understand and are prepared for the real cost of owning a pet, you are in for a shock and could literally go bankrupt. I’ve seen it happen many [...]
