The US Constitution grants Congress the power to establish uniform laws on Bankruptcy. Our bankruptcy law is a Federal law administered by the US courts. But, does that make it the same from state to state? It certainly does not. Although the main framework of the law applies across the country, the specifics of many […]
The Basics Of Bankruptcy
If you’re thinking about bankruptcy as a way to end your bill problems, it’s important to understand what you’re getting yourself into. These articles on the basics of bankruptcy can help you get your feet wet so you can be better prepared to work with your lawyer.
Okay, that’s really a trick question, because many bankruptcies don’t take long at all, at least compared to other legal proceedings. But there are some problems that can cause delays, and it may be helpful to know what is “normal,” to the extent that there is such a thing in bankruptcy. Remember, no two people […]
In Florida, home owners associations (HOAs) can be a blessing for some and a problem for others. When you add a Chapter 13 bankruptcy into the mix, the HOA can become a legal nightmare. According to the recent case of In Re Rosa, the chapter 13 plan and the confirmation order could change the relationship […]
You made a decision to file bankruptcy due to the financial stress. The law threw you a life preserver and you are on the way to financial recovery. Your bankruptcy is nearly done or done. You may even have an Order of Discharge in your hand from the bankruptcy court. Now what do you do? […]
There are a lot of articles about whether student loans are dischargeable in bankruptcy. This isn’t one of them. Instead, this article will talk about how Chapters 7, 13 and 11 treat student loans in bankruptcy if they aren’t dischargeable. Chapter 7 can be overlooked as an option for dealing with student loans, particularly if […]
Mortgage lenders have been delaying foreclosures for people all over the country. Ask any bankruptcy attorney–they’ve seen cases where people haven’t made a mortgage payment for two, three, or even four years, and the mortgage company hasn’t even started the foreclosure process. Loan modifications can stretch on, court proceedings are scheduled and canceled, an unsuccessful […]