Minnesota bankruptcy court judge Dennis D. O’Brien ruled that future monthly per capita casino revenue payments belonging to members of the Lower Sioux Indian Community, a federally recognized Indian tribe in Minnesota, cannot be taken by a chapter 7 trustee when a tribe member files for personal bankruptcy. In re Barth, No. 09-36006, ADV No. 11-03233 (Bky.D.Minn. [...]
*Chapter 7 Bankruptcy
Bankruptcy is an area of the law that people avoid. They don’t want to think that they might need its protections one day, and as a result, lies about what it can and can’t do, and what happens in a typical case, gain a foothold in the popular consciousness. This is particularly so since it is [...]
In re McDowell, No. 12-31231 (Bky.S.D.Tex. Nov. 16, 202), involved a married couple who filed a chapter 7 bankruptcy case. After the U.S. Trustee filed a motion seeking dismissal of the case under section 707(b), the debtors filed an amended Schedule I, listing different figures for some of their living expenses. The U.S. Trustee then [...]
Chapter 7 bankruptcy is also known as a straight bankruptcy. It can be quick and straight forward, depending on the facts of the case. The simplest definition for Chapter 7 is that debts someone can’t pay back are discharged, or forgiven, and they get a chance to start over debt free. How do you know if [...]
When someone is considering filing for bankruptcy, many people do not have sufficient funds to pay for attorney fees and bankruptcy costs immediately. Consequently, payment plans are attractive to many consumers, and lawyers often offer them as a way to pay for their fees. However, in general, when it comes to Chapter 7 cases, all fees [...]
After you file a bankruptcy case, you are required to attend a meeting of creditors. This is scheduled for about a month after your petition is filed, and is usually the only appearance you will need to make during the bankruptcy process. Should you be nervous about it? Probably not, especially if your bankruptcy lawyer [...]
