Jill Michaux, Kansas Bankruptcy Attorney

New U.S. Trustee for Northern Illinois, Wisconsin Appointed

by Jill Michaux, Kansas Bankruptcy Attorney

Patrick S. Layng has been appointed the new U.S. Trustee for Region 11, which covers the Northern District of Illinois and the Eastern and Western Districts of Wisconsin. According to the press release from the Executive Office for U.S. Trustees, for the past six years, Layng has been a “Regional Criminal Coordinator for the U.S. [...]

Bankruptcy Rules Change Kinder to Debtors

by Jill Michaux, Kansas Bankruptcy Attorney

Debtors in chapter 7 bankruptcy will get a little break with new rules that go into effect December 1, 2010.  Individual debtors now have 60 days to file a statement of completion of a course in personal financial management (official form 23). The clock starts running from the first date set for the meeting of [...]

50 States to Investigate Foreclosure Robo-Signers

by Jill Michaux, Kansas Bankruptcy Attorney

Attorneys General and mortgage regulators from all 50 states are joining forces to investigate robo-signing of mortgage foreclosure documents and other defects in home mortgage foreclosures. “We believe such a process may constitute a deceptive act and/or an unfair practice or otherwise violate state laws.” Here is today’s statement by the National Association of Attorneys General: It [...]

Bankruptcy Means Test Gets Meaner

by Jill Michaux, Kansas Bankruptcy Attorney

The bankruptcy means test gets meaner on November 1, 2010, when falling income guidelines go into effect.  Consumers thinking of filing bankruptcy who may be close to the median income line should compare the BEFORE and AFTER figures.  Filing bankruptcy by Halloween may be a good idea for some consumer debtors. It is no surprise [...]

Means Test Figures Changing Again

by Jill Michaux, Kansas Bankruptcy Attorney

The income figures used for determining bankruptcy eligibility are changing again November 1, 2010.  The numbers come from the Census Bureau, which reports median family income by state.  The U.S. Trustee takes that data and updates the bankruptcy means test. The U.S. Trustee expects to post modified revised means test charts to its website on [...]

Tracy Hope Davis Appointed Region 2 U.S. Trustee

by Jill Michaux, Kansas Bankruptcy Attorney

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. [...]