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 | Dec 1, 2011 | Bankruptcy Alphabet, chapter 11, chapter 13, chapter 7, Lien Avoidance, lien stripping
“A chair is still a chair Even when there’s no one sitting there But a chair is not a house And a house is not a home When there’s no one there to hold you tight, And no one there you can kiss good night.” Burt Bacharach and Hal David If...
by Mark J. Markus | Jan 30, 2009 | chapter 13, foreclosures, etc., lien stripping
On January 6, 2009, Senator Dick Durbin (D, IL) introduced Senate Bill 61 called the “Helping Families Save Their Homes in Bankruptcy Act of 2009.” The bill has several provisions, which can be analyzed by following the above link, but the main purpose...