by Mark J. Markus | Apr 16, 2020 | automatic stay, Bankruptcy Law, chapter 11, chapter 13, chapter 7, Miscellaneous
Stimulus Check Payments Are Not Protected From Creditors We all anxiously await the first round of Stimulus Check payments from the government. But Congress did not protect these funds from collections by Creditors. Therefore, if a creditor (someone to whom you owe...
by Mark J. Markus | Mar 3, 2015 | Bankruptcy Law, Credit Scores/Credit Repair, Miscellaneous, new bankruptcy laws
For decades we were (incorrectly) told that butter was bad for us and, instead, we should eat artificial hydrogenated oils contained in margarine. That was until doctors, following the lead of knowledgeable nutritionists and holistic health professionals, figured out...
by Mark J. Markus | Jul 2, 2014 | Miscellaneous
Collection agents often use the threat of jail when trying to collect from debtors who owe them. This often sends the debtor running to a bankruptcy attorney to help. Which may in fact be the best resolution for many. But there are a growing number of incidents...
by CMoran | Jul 15, 2013 | bankruptcy attorneys, business/corporate, debts in bankruptcy, General Issues, Miscellaneous
From the outside, it was obvious for several years that the business collapse meant the owner needed to file bankruptcy. A middle aged father, he was now working for wages after shutting down the business. He had a home with equity. Vendors and taxing authorities were...
by Mark J. Markus | Mar 22, 2013 | bankruptcy consultations, Miscellaneous
Are You Responsible for Your Bankruptcy Attorney’s Mistakes? I just finished a consultation with a gentleman regarding his bankruptcy options. The story he gave me is one I hear often: He filed a previous bankruptcy case. His attorney screwed it up. As a...
by Mark J. Markus | Mar 17, 2013 | Bankruptcy Law, Miscellaneous
There’s a lot of buzz going on in the media about a recent article (html) published by two law professors at the University of Illinois College of Law that seems to indicate that bankruptcy judges are more likely to give favorable treatment to those who are...