Category: Chapter 11 Bankruptcy
By Michael Doan on May 4, 2008 in Bankruptcy Myths, Bankruptcy Practice and Procedure, Benefits of Bankruptcy, Chapter 11 Bankruptcy, Chapter 12 Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Credit Cards, General Bankruptcy Information, Life After Bankruptcy, Reaffirmation of Debts | 1 Comment
When you file for Bankruptcy, what do you do if you want to keep some credit cards? Hide them from your attorney? NO! Such “Bankruptcy Fraud” is not worth 5 years in jail and/or 1/2 million dollar fine! Instead, it depends.
If you liked that post, then try these…When Do I Know Its Right To [...]
Popularity: 18% [?]
By Wendell Sherk, Missouri Attorney on May 2, 2008 in Bankruptcy Cases of Interest, Chapter 11 Bankruptcy, Missouri, Texas | 0 Comments
Bankruptcy courts stage some of the most complicated and exotic dramas imaginable. Have you heard the one about the Mexican mining company that is being sued by its own subsidiary while simultaneously trying to buy it back? It’s a tale that could only be told in bankruptcy court.
The story begins in 1999 when [...]
Popularity: 11% [?]
By Brett Weiss, Maryland Bankruptcy Attorney on Apr 20, 2008 in Automatic Stay, Bankruptcy Cases of Interest, Chapter 11 Bankruptcy, Chapter 12 Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Featured, Foreclosure Issues, Lawyer to Lawyer, Maryland | 1 Comment
A recent bench decision by Maryland Bankruptcy Court Judge Thomas J. Catliota was an important ruling regarding the real party in interest requirement of FRBP 7017.
Americredit Financial Services, Inc., an auto loan servicer, filed a MLS in its own name. Its name appears on the car title as the sole lienholder, it represented that it [...]
Popularity: 30% [?]
By Brett Weiss, Maryland Bankruptcy Attorney on Apr 18, 2008 in Bankruptcy Practice and Procedure, Chapter 11 Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, General Bankruptcy Information, Maryland | 2 Comments
I’m often asked whether a client can sell his or her (or their) house while they’re in a bankruptcy.
The answer is, “Yes,” but it isn’t quite that simple.
If you liked that post, then try these…Means Test Upon Conversion to Chapter 7 by Nicholas OrtizHouse in Joint Tenancy not Community Property by Cathy Moran, California [...]
Popularity: 19% [?]
By Michael Doan on Apr 13, 2008 in Bankruptcy Practice and Procedure, California, Chapter 11 Bankruptcy, Chapter 12 Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, General Bankruptcy Information | 1 Comment
Trustees, the US Trustee, and the Court can be a stickler when it comes to dates, and its not uncommon for your hearing to be continued as a result. Hopefully, after reading this Blog, no one will ever have a continued hearing as a result of incorrect dates again.
If you liked that post, then try [...]
Popularity: 21% [?]
By Carmen Dellutri, Attorney at Law on Mar 24, 2008 in Bankruptcy Cases of Interest, Bankruptcy Legislation, Bankruptcy Practice and Procedure, Benefits of Bankruptcy, Chapter 11 Bankruptcy, Chapter 13 Bankruptcy, Consumer Protection, Florida, General Bankruptcy Information | 0 Comments
Aloha Airgroup, Inc, recently filed for Chapter 11 bankruptcy protection. Aloha Airgroup, Inc. is the parent corporation of Aloha Airlines, Inc. This is the company’s second bankruptcy in less than three (3) years.
You may be asking yourself, what do I have in common with Aloha Airlines? I will answer that soon, but [...]
Popularity: 44% [?]
By Michael Doan on Mar 22, 2008 in California, Chapter 11 Bankruptcy, Chapter 12 Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Collection Issues, Consumer Protection, Debt Collector Abuses, General Bankruptcy Information, Role Of The Lawyer | 0 Comments
In my last blog, I spoke about identity theft arising from proof of claims. This blog is a continuation of that article and contains a copy of the tentative ruling issued by the Judge for two creditors that broke the laws with respect to publishing identity information.
If you liked that post, then try these…What Should [...]
Popularity: 40% [?]
By Michael Doan on Mar 22, 2008 in Bankruptcy Practice and Procedure, California, Chapter 11 Bankruptcy, Chapter 12 Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Collection Issues, Consumer Protection, Debt Collector Abuses, General Bankruptcy Information | 1 Comment
This last week, Bankruptcy Judge Taylor in the Southern District of California Bankruptcy Court, sanctioned First Future Credit Union and Keypoint Credit Union for failing to redact personal and confidential information belonging to debtors, in the proof of claims they filed in a Chapter 13 Bankruptcy Case. While such information may have been unintentionally placed, [...]
Popularity: 38% [?]
By Susanne Robicsek, North Carolina Bankruptcy Attorney on Mar 19, 2008 in Bankruptcy Legislation, Bankruptcy Myths, Bankruptcy Practice and Procedure, Benefits of Bankruptcy, Chapter 11 Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Consumer Protection, General Bankruptcy Information, North Carolina, Role Of The Lawyer | 0 Comments
The Washington Post headline reflects what business bankruptcy attorneys are telling me. Businesses are in trouble and many will be faced with difficult decisions about closing, selling or restructuring companies. This is just another reason that personal bankruptcies will also rise this year.
The public perception of individuals who file for bankruptcy [...]
Popularity: 55% [?]
By Wendell Sherk, Missouri Attorney on Feb 21, 2008 in Bankruptcy Cases of Interest, Chapter 11 Bankruptcy, Missouri | 0 Comments
Loans to ailing businesses are becoming a rarity. The credit crunch that has hit the consumer across the country is now biting businesses on the brink driving them into bankruptcy — as well as those on the rebound out of bankruptcy.
Last June, we visited this issue and businesses were not seeing much difficulty placing [...]
Popularity: 21% [?]