I wanted to promote the fact that I am now a proud member of the ARAG attorney network. I accept ARAG legal insurance for both chapter 7 and chapter 13 filings. Contact your employer or go to your ARAG login and select me as your requested...
New Supreme Court ruling about false statements and nondischargeability of debts
The Supreme Court yesterday ruled in their most recent decision Lamar, Archer & Cofrin, LLP v. Appling, 16-1215 (Sup. Ct. June 4, 2018) that a false statement about one's assets must be in writing to provide grounds for an objection and...
Chicago Begins To Rethink How Bankruptcy Lawyers Get Paid
Chicago Begins To Rethink How Bankruptcy Lawyers Get Paid - A ProPublica article by Melissa Sanchez.
Judges are demanding that lawyers tell their clients that their other debts might not get paid, but their lawyers...
Could we see a shift to No Money Down Chapter 7 bankruptcy cases?
There is some talk that the bankruptcy code should allow debtor's attorneys to file chapter 7 cases for no money down. A recent Bloomberg Article discusses this
https://www.bna.com/legal-news-rss-n57982058758/
By Daniel...
Nearly 5 Million Americans are in default on student loan payments
Nearly 5 Million Americans are in default on student loan payments
A recent Wall Street Journal article discusses the shocking study about student loan payments in default.
"The number of Americans severely behind on payments...
Post-petition interest on IRS taxes is not discharged upon successful completion of chapter 13 bankruptcy plan.
"'In this world nothing can be said to be certain, except death and taxes." - Benjamin Franklin.
This is a tough pill to swallow for debtors who successfully complete a chapter 13 bankruptcy case.
In re Thaxton (Bankr. S.D. W....
Supreme Court denied bankruptcy trustee certiorari petition regarding fraudulent transfer.
The Supreme Court did not grant certiorari from the 4th Circuit to resolve a spit of decisions, and thus declined to rule on whether a transfer into someone’s own bank account qualifies as a “transfer” on which a fraudulent transfer suit...
Bankruptcy petition preparer indicted for fraud
Bankruptcy Petition Preparer indicted - Southern District of Illinois - Bankruptcy Court
Don't overlook the importance of hiring a bankruptcy attorney to help you file bankruptcy. The attorney knows how to file...
I found a judgment lien on my home, but I filed for bankruptcy. Help!
I get calls periodically from people who had filed for bankruptcy and got their discharge. They are trying to refinance or sell, and a title search pulls up an old judgment lien recorded against their home. The clients are confused,...
Gov. Rauner: Bankruptcy for CPS Might Be ‘Best Option’
Is Bankruptcy right for the Chicago Public Schools? Governor Rauner thinks it could, despite what the experts and history say.
Gov. Rauner: Bankruptcy for CPS Might Be ‘Best Option’: Gov. Bruce Rauner renews talk of possible...