Uncategorized
Removing Judgment Liens in Bankruptcy
Sunday, October 11th, 2009A major source of confusion among people who file for bankruptcy is whether debts on which there is a judgment or lien can be removed (discharged) in a bankruptcy case. Whether a debt is dischargeable or not depends on the type of debt it is, and how it was incurred. For example, debts incurred through [...]
Bankruptcy: Debtor’s Prison Abolished!
Monday, July 20th, 2009Debtor’s prisons were abolished in 1833 yet people still think they exist. Bankruptcy laws are designed to protect people and aid in financial recovery.
Means Test: 401k loan repayment not an Expense
Friday, May 29th, 2009Court rules 401k loan repayments cannot be used in budget on means test to determine eligibility to file bankruptcy.
New Bankruptcy Mortgage Modification Dropped
Thursday, April 9th, 2009The new bankruptcy mortgage modification plan has been, or is expected to shortly be, dropped from its agenda.
Bankruptcy Attorneys and Debt Relief Agencies
Sunday, September 28th, 2008I write this post to clarify the definitions of a “bankruptcy attorney” and a “debt relief agency” (“DRA”) because, at least according to one recent client, there is a substantial amount of confusion over these terms. A bankruptcy attorney is an attorney (or lawyer), licensed to practice in the courts of whatever jurisdiction he is [...]