debtor education

The Old Bankruptcy Law Is Dead

by Andy Miofsky, Illinois Bankruptcy Attorney

The New Bankruptcy Law [is] Five Years Old, so says Susanne Robicsek in her October 17, 2010 anniversary blog about bankruptcy reform legislation enacted in 2005.  Tragically, now the old bankruptcy law is dead, in that all cases filed under the prior law have concluded, or should have by now.  Chapter 7 cases usually complete [...]

Take your Financial Management Course, But Wait to File the Certificate

by Dan Press, Virginia and D.C. Bankruptcy Attorney

While it is necessary to take your Financial Management course (also called Debtor Education or the Second Credit Counseling course) after you file bankruptcy – it is a requirement to receive your discharge – it’s also a good idea to wait to file the certificate until the deadline. The course is very important.  If you fail to take [...]

Hurricanes Katrina and Rita and BAPCPA (A Look Back)

by Kevin Gipson, New Orleans Bankruptcy Attorney

Shortly after Hurricane Katrina hit the Louisiana and Mississippi Gulf Coasts in August of 2005 and Hurricane Rita hit the Gulf Coast of Louisiana, it was suggested by many that the citizens of the Gulf Coast region should not be subject to the provisions of the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA). With [...]