If debtor's income is higher than the median income for the state in which they live, the debtor still may qualify for a chapter 7 by going through the bankruptcy means test. The means test is a...
It's been nearly a year and a half since federal health insurance reform passed. But it doesn't take full effect until next year. And in the meantime, medical bills continue to be a major factor in...
As all personal injury attorneys will tell you, it's important to be careful about posting information on social media when involved in personal injury lawsuits or any litigation.
Frequently, one of the major concerns of clients consulting with our law firm is whether they can be fired from their present job if an employer learns of their bankruptcy. The answer is clearly no.
Individuals Over Allowable Debt Limit May Have to File Chapter 11
Chapter 13 Bankruptcy is the prefered bankruptcy type for an individual or consumer in a reorganization case. The fees are typically...
If you owe a creditor money, you may think that it is a good thing if that creditor stops attempting to collect the debt. Note, however, that if a creditor cancels or forgives a loan, it may report...
Recently, in a case involving Wells Fargo and American Home Mortgage Servicing, Inc. (AHMSI) we had the opportunity to take the deposition of bank representative Jose Colon. A copy of the deposition...
As if it was not hard enough to lose ones home in a foreclosure action, could you imagine being required to write a check to the mortgage company after the home is sold at auction? Many borrowers owe...
It is well known that the leading cause of divorce is money....or rather the lack of money. What I have come to learn after meeting with many divorced debtors in my bankruptcy practice, is that the...
We've all heard the old saying, "Life goes on." Well, the old saying is true, and it applies very well to those who have gone through bankruptcy.
To be sure, there are challenges. Filing for...
