by Mark J. Markus | Mar 25, 2012 | Bankruptcy Alphabet
Being Organized And Retaining Documents Are Important To Bankruptcy Success Are you an organized person? Perhaps you are in some parts of your life, but not in others. Maybe you’re not at all. I have had clients over the years that range from completely...
by Mark J. Markus | Mar 1, 2012 | Bankruptcy Alphabet, Bankruptcy Law, chapter 7, Legislation, means test, new bankruptcy laws
The New Bankruptcy Laws Are All About Numbers People are Not Numbers When numbers are used to identify people, it’s usually when they are in prison. The Bankruptcy laws used to be about helping out people (and businesses) in need. They were about equitable...
by Mark J. Markus | Feb 11, 2012 | Bankruptcy Alphabet, chapter 13, chapter 7, means test
Median Income In Bankruptcy And The Means Test Here’s something many don’t realize. You can earn above the median income for your location and household size and still qualify for Chapter 7 bankruptcy. What’s that, you say? You’ve read online...
by Mark J. Markus | Feb 2, 2012 | Bankruptcy Alphabet, Bankruptcy Law
You Must List All Debts And Property In Any Bankruptcy Case One of the most common misconceptions people have about bankruptcy is that you can pick and choose which debts to “file bankruptcy on” or which assets can be included. Not a week goes by that I...
by Mark J. Markus | Jan 26, 2012 | Bankruptcy Alphabet, Bankruptcy Law, chapter 13, chapter 7, retirement accounts
One of the most common situations we bankruptcy attorneys see in our practice is clients that have borrowed money from their 401k or other retirement plans to try and keep up with their debts. Usually this is as a last resort before considering bankruptcy, but the...
by Mark J. Markus | Jan 17, 2012 | Bankruptcy Alphabet, bankruptcy definitions, Miscellaneous
What Is Justice In Bankruptcy? Justice in America has taken different paths over time. In the days of Justice of the Peace Roy Bean (portrayed by the late, great Paul Newman), wild west justice was often harsh, decisive and often at the whim of the sheriff or judge...