by Mark J. Markus | Oct 20, 2015 | asset protection, Bankruptcy Law
Donald Trump’s Corporations Filed Bankruptcy Cases Everyone likes to make fun of Donald Trump. Myself included*. He’s an easy target. Especially his hair. One of the “jabs” detractors repeatedly throw at him is that he filed bankruptcy. They...
by Mark J. Markus | Oct 30, 2013 | asset protection
One of the many myths about filing bankruptcy is that you will lose all your home and other assets if you file. I hear this all the time from potential clients of mine, as well as other professionals with whom I network, people at cocktail parties, and others....
by Mark J. Markus | Jan 30, 2013 | asset protection, Bankruptcy Law, bankruptcy procedure, chapter 7, Trustee Issues
Chapter 7 Trustee Can Take Assets Until They Are Formally “Abandoned” A nice lady in California asked me a question. She was in a bankruptcy case, I assume a Chapter 7. She received her discharge of debts over three years ago. Now suddenly the...
by Mark J. Markus | Oct 4, 2012 | asset protection, foreclosures, etc., real estate issues, tax issues, taxes
Your Home Loan Mortgage Just Disappeared? In the past few weeks in my Los Angeles, California practice, I have had several potential (and existing) clients tell me that the bank which holds the junior mortgage (e.g. 2nd or 3rd trust deed) on their house has suddenly...
by Mark J. Markus | Jun 11, 2012 | asset protection, Bankruptcy Law
It is a Myth That You Lose Everything When You File Bankruptcy I find it necessary to periodically revisit this topic because the majority of people in this country believe that if they file bankruptcy they will have to give up their home, cars, furniture, underwear...
