You should not panic if all your creditors did not file a proof of claim in your chapter 13 bankruptcy.  There are many reasons creditors don’t file claims.  If you have given proper notice to all your creditors,  all your dischargeable debts, including unfiled claims, will be discharged upon the completion of the plan.  If [...]

CIN Legal Data Services has partnered with CreditXpert Inc. to offer a before and after bankruptcy credit score analysis called myHorizon, which provides potential bankruptcy debtors with their current credit score and an estimated credit score for 12 months after bankruptcy.

By taking a debtor’s current credit profile and modifying it to reflect a bankruptcy and [...]

Don’t put off filing your income tax returns because you can’t afford the fees of the tax preparers.  If you access to a computer and the Internet, and you make less then $56,000 annually, you can file your federal tax return online for free using the Internal Revenue Service program called Free File.
The software asks [...]

More student loans are not dischargeable in bankruptcy than ever before and the definition of student loan has been expanded to include private loans and expenses that are not “loans” in the traditional sense of the word loan.
The changes came after Congress passed the s0-called bankruptcy reform act in 2005 known as the Bankruptcy Abuse [...]

You may listen online to the audio recordings of the  Chrysler LLC, 09-50002, and General Motors Corporation, 09-50026, bankruptcy hearings in the U.S. Bankruptcy Court in the Southern District of New York.
Available Online: Recordings of GM and Chrysler Bankruptcy Case Hearings
The recordings are being made available online through through a pilot project of [...]

Forbes.com says the top 20 American cities for credit card (over)spending are:

Miami, FL
Tampa, FL
Los Angeles, CA
Jacksonville, FL
Orlando, FL
Riverside, CA
San Diego, CA
San Antonio, TX
Las Vegas, NV
Sacramento, CA

The U.S. Supreme Court accepted a case for review with two bankruptcy exemption issues: 1) When a debtor exempts property as his own and places a value on it in his bankruptcy paperwork, is he limited to that dollar amount or is the asset fully exempt?  2) Is there an exception to the 30-day deadline [...]

Jonathan Jarvis produced a visual explanation of the credit crisis for his media design thesis he calls The Crisis of Credit Visualized.  It is a delightful seven-minute video that explains the current credit crisis in simple terms.

The bankruptcy law students at St. John’s University School of Law in Queens, NY, have launched a new blog to report the rulings of the nation’s bankruptcy judges.   The students will write a succinct analysis of the issues and holding in cutting edge bankruptcy cases.
Comments are encouraged on the blog, which will be taken [...]

The median income figures by state and family size and the expense allowances used for the bankruptcy means test will adjust for cases filed on or after March 15, 2009.  You can view the income and expense charts on the website for the Executive Office of the U.S. Trustee.