Attorney Error Causes Bankruptcy Dismissal

In the bankruptcy case of Crawford, Tanner S. and Tillie M.; In re, 20, debtors suffered a dismissal of their bankruptcy case because their attorney miscalculated when they needed to obtain credit counseling. The details of the bankruptcy case: The debtors first met with a bankruptcy attorney in August 2007. They filed for bankruptcy on [...]

By |2018-11-16T22:28:21+00:00June 4th, 2010|Bankruptcy Dismissal|Comments Off on Attorney Error Causes Bankruptcy Dismissal

Using Bankruptcy To Avoid Child Support Prohibited

In the bankruptcy case of Larsen, David M.; In re, the bankruptcy court refused to redirect the debtor's funds held by a state court for the support of the debtor's minor children to other creditors. The details of the bankruptcy case: The debtor's former wife filed for divorce in 1999. During those proceedings, the debtor [...]

By |2018-11-14T19:02:24+00:00May 18th, 2010|Bankruptcy, Bankruptcy Dismissal, Bankruptcy Fraud, Divorce and Bankruptcy, Lawsuits|Comments Off on Using Bankruptcy To Avoid Child Support Prohibited

Oops! I Made A Mistake In My Chapter 13 Bankruptcy…Now What?

There are several rules that a debtor must abide by when filing Chapter 13 bankruptcy . For example, a Chapter 13 bankruptcy debtor is prohibited from transferring property without the consent of the bankruptcy court or borrowing money without first getting permission of the bankruptcy court. But what happens when a debtor inadvertently circumvents the [...]

By |2018-11-07T22:32:41+00:00May 6th, 2010|Bankruptcy, Bankruptcy Dismissal, Bankruptcy Q&A, Chapter 13 Bankruptcy, Managing Your Finances|Comments Off on Oops! I Made A Mistake In My Chapter 13 Bankruptcy…Now What?

Yellow Pages Publisher Faces Chapter 11 Bankruptcy Battle

According to an article in the Dallas Morning News , Idearc, Inc. bondholder (MatlinPatterson Global Opportunity Partners) is challenging the viability of the company's bankruptcy exit plan and is asking the bankruptcy court to strip control of the bankruptcy case from the publisher. The article: "Idearc's proposed bankruptcy exit plan is based on an agreement [...]

By |2018-11-16T06:22:38+00:00October 25th, 2009|Bankruptcy Dismissal, Chapter 11 Bankruptcy|Comments Off on Yellow Pages Publisher Faces Chapter 11 Bankruptcy Battle

Which Type of Business Should File for Bankruptcy?

Chapter 11 bankruptcy is in all of the headlines today, as companies such as GM, Chrysler and even Reader's Digest file for what is commonly know as business bankruptcy.  But Chapter 11 bankruptcy isn't just for the "big boys" it can also help small and medium sized businesses reorganize their debts and protect their assets. [...]

By |2018-11-16T23:03:08+00:00August 25th, 2009|Bankruptcy Dismissal, Chapter 11 Bankruptcy|Comments Off on Which Type of Business Should File for Bankruptcy?

Debtor Forced to Pay for Pirated TV

In the bankruptcy case of Figler, Bruce S.; In re (DirecTV Inc. v. Figler), the bankruptcy court ruled that the debtor could not discharge a judgment resulting from pirated cable TV. The details of the bankruptcy case: In May 2004 DirecTV won a $70,450 judgment against a debtor for stealing the company's signal. Shortly thereafter [...]

By |2018-11-16T19:50:26+00:00August 14th, 2009|Bankruptcy Dismissal|Comments Off on Debtor Forced to Pay for Pirated TV

Bankruptcy Court Conceals Debtor’s Identity Due to Medical Disclosures

In the bankruptcy case of L.K.; In re, (Bankr. E.D.N.Y. 2009), a debtor's request to seal her records due to sensitive medical information revealed during the proceedings was denied; but the bankruptcy court agreed to conceal her identity in court records. The details of the bankruptcy case: A Chapter 7 bankruptcy debtor asked the bankruptcy [...]

By |2018-11-08T18:17:47+00:00August 12th, 2009|Bankruptcy Dismissal, Chapter 7 Bankruptcy, Credit and Bankruptcy, High-Profile Bankruptcies|Comments Off on Bankruptcy Court Conceals Debtor’s Identity Due to Medical Disclosures

Friends, Family, and Bankruptcy

Many debtors considering bankruptcy hesitate because they have taken out loans from friends and family and don't want to "wrong" them by filing bankruptcy. Many debtors even make the mistake of hiding or secretly repaying friends and family loans while filing bankruptcy on their "other" debt. We need to talk about this very real and [...]

By |2018-11-19T21:48:26+00:00July 24th, 2009|Bankruptcy, Bankruptcy Dismissal|Comments Off on Friends, Family, and Bankruptcy

Bankruptcy Debtor Squanders Lottery Winnings & Receives Discharge

There was an interesting bankruptcy case in Connecticut involving a debtor who was allowed a bankruptcy discharge despite the fact that she squandered money she won in the lottery after filing for bankruptcy. Here are some details of the case: Four days after filing for Chapter 13 relief, the debtor won $100,000 through the state [...]

By |2018-11-14T22:11:17+00:00March 13th, 2009|Bankruptcy Dismissal|Comments Off on Bankruptcy Debtor Squanders Lottery Winnings & Receives Discharge