by Mark J. Markus | Oct 11, 2013 | Bankruptcy Alphabet, Bankruptcy Law, chapter 11, chapter 13, chapter 7
What is Bankruptcy Law? Bankruptcy laws in the United States derive from Article One, Section 8 of the Constitution, which provides that “Congress shall have the Power. . .[t]o establish uniform laws upon the subject of bankruptcies.” For the first 110...
by Mark J. Markus | Nov 17, 2012 | Bankruptcy Alphabet, Bankruptcy Law
As Thanksgiving approaches, I decided to let the letter “T” in my bankruptcy alphabet series stand for “Thanksgiving”. This does not mean being thankful that you need to file bankruptcy, but rather being thankful that we have laws that enable...
by Mark J. Markus | Jul 14, 2012 | Bankruptcy Alphabet, bankruptcy definitions, cramdown, Lien Avoidance, lien stripping
If you’re reading this post, I assume my humorous Title got your attention. Before I get the federal authorities after me, let me clarify that I did in fact represent a dancer and the court granted his (that’s right, I said his) motion to...
by Mark J. Markus | Jun 26, 2012 | Bankruptcy Alphabet
One of the main characteristics of quicksand is that once you’re in it, the more you move and try to get out, the deeper you sink. Many who are having financial difficulties that lead to seeking bankruptcy advice feel like they are stuck in quicksand and...
by Mark J. Markus | May 5, 2012 | Bankruptcy Alphabet, Miscellaneous
Bankruptcy Alphabet is “Plan” or “Planning”. Coach Wooden said it best: ” Failing to Plan is Planning to Fail.” While the Coach didn’t invent that saying himself (some sources credit Benjamin Franklin with the phrase), he...
by Mark J. Markus | Apr 5, 2012 | Bankruptcy Alphabet, life after bankruptcy
Will I Be Able To Rent After My Bankruptcy Case? A former bankruptcy client (who successfully discharged her debts) informed me that she hasn’t been able to move because nobody will rent to her. Since I have always told my clients that they shouldn’t...
