by Mark J. Markus | Nov 21, 2013 | Bankruptcy Law, Bankruptcy Stories, chapter 7, preferential payments, transfers
There can be serious consequences for repaying relatives before filing a bankruptcy. If you repay your relatives before filing bankruptcy, they may be forced to return that money to the bankruptcy trustee. Timing is everything, so they say, in comedy and believe it or...
by Mark J. Markus | Oct 13, 2013 | bankruptcy consultations, Bankruptcy Law, bankruptcy procedure, Bankruptcy Stories
With the shutdown of the United States government going into its third week, we read stories about how “non-essential” employees are being furloughed. That’s something well known to state and county employees here in California who have had mandatory...
by Mark J. Markus | May 8, 2013 | Bankruptcy Stories, chapter 13, General Issues
For those of you who still think there’s little risk to representing yourself in a bankruptcy case or that it is too expensive to hire a competent attorney, you may want to reconsider your position. Sad Bankruptcy Story Today’s sad story comes from a lady...