Bankruptcy Basics

05 Mar Truth or Consequences: The Department of Justice in Bankruptcy Court (updated for 2016)

As our readers may recall, over the years, the members of this network have reported on various celebrity bankruptcy filings and the need for absolute truth in a debtor's pleadings. Carmen Dellutri posted about Stephen Baldwin back in 2009. Kevin Gipson posted about celebrities and bankruptcy. Dana Wilkinson posted...

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28 Feb The Superpower Of NO!

NO!Wow, you mean I will receive superpowers when I file bankruptcy?  Well, kind of, sort of but technically... no.  What bankruptcy will do is give you back up when you want to say NO to any family members or friends who continue to ask for money. You know what I am talking about.  Your kids or adult children, parents, or friends who continue to hound you about money, and you just can't say no to them. You try to say no, you know you should say no, but you just can't bring yourself to say the word, no.  Why is that?  Throughout the years, I have discovered my clients feel incredibly guilty when saying no to just about anyone.
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06 Feb Unsettled Question: Another Court Rules That Bankruptcy Client Worksheets Are Privileged

An unsettled, and even unsettling, question for bankruptcy lawyers and debtors alike is whether client worksheets can be examined by the other side in a contested bankruptcy court hearing.  Does the attorney-client privilege protect such documents from being seen by hostile creditor attorneys? A bankruptcy lawyer...

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