According to the Office of the United States Trustee, audits, which were suspended in January 2008, will resume on May 12, 2008.
The announcement states:
5/9/2008
As mandated in Section 603(a) of Public Law 109-8, the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, the United States Trustee Program (USTP) established procedures to audit petitions, schedules, and [...]

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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 [...]

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Jobs are bring cut. Housing prices have fallen off a cliff. Wages are stagnant. The “R Word”–Recession–now seems to be accepted by economists as what the economy’s in, and even the “D Word”–Depression–is being tossed about.
In other words, the economy’s in a mess.
So why is the stock market doing so well?
If you liked that post, [...]

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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…Zombie Student Loans Arise From The Grave by Kent Anderson, Oregon Bankruptcy AttorneyCan I Include My Roommate in My Household Size? [...]

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The pain of foreclosure runs deep. According to an article in The Washington Post, “Losing a Best Friend Along With the House,” local animal shelters are reporting that 15% of animals received in the past two months are the result of foreclosure.
The story quotes Kathy Dillon, the operations coordinator at the Montgomery County, Maryland Humane [...]

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You’ve gotten the letter from your mortgage company. It’s threatening foreclosure. What do you do?
The first thing *not* to do is to ignore it. Putting your head in the sand won’t make the problem go away, and can result in your losing your home.
Typically, mortgage companies spend a fair amount of time “leading up” to [...]

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Probably the most common question I get asked at parties when I tell people I’m a bankruptcy attorney is, “How do your clients pay you if they’re going to file for bankruptcy?” (The second question usually is, “Can I have one of your business cards?”) It’s a good question, though. How do people pay their [...]

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The Federal Rules of Bankruptcy Procedure have changed. effective December 1, 2007. I recently received an excellent summary of the changes from the Clerk’s Office, which I’ve used as the basis for this blog.
If you liked that post, then try these…State Court Jurisdiction Over Dischargeability Action by Nicholas OrtizGiving Away Your Money Before Filing Bankruptcy [...]

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A recent story by First Coast News (Channel 12) in Jacksonville, Florida, notes a disturbing trend: as the foreclosure rate goes up, so does crime.
The article quotes Michael Figgins, with Jacksonville Legal Aid, as saying, “We are seeing it in the community if you track where the foreclosures are happening it’s the same places that [...]

Popularity: 27% [?]

During the summer of 2007, the Governor of Maryland appointed a taskforce to look into the foreclosure crisis. Now that the crisis has worsened (and looks as if the foreclosure crisis is going to get a lot worse before it gets better) it has just released its report.
As reported in The Washington Post, the task [...]

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