In two recent cases the 8th Circuit Court of Appeals has sustained summary judgments against debtors who failed to report claims against third parties that arose after the bankruptcy case was filed.

You can buy a house after a Walworth County bankruptcy. The most common types of bankruptcy are Chapter 7 bankruptcy and Chapter 13 bankruptcy. How soon you can buy a house after bankruptcy depends on the type of bankruptcy filed and the type of mortgage loan sought. The various types of mortgage programs each have different requirements.

If you live in the City of Chicago, you have no doubt seen the boot installed all over your neighborhood. This is especially true around tax time when the city knows that the residents typically have access to some sort of tax refund from which to pay off city debts. In years past, to be+ Read More

Code Requirements The bankruptcy code enumerates several items that need to be provided in terms of bankruptcy filing. These include, but are not limited to, credit counseling, production of tax returns, production of pay advices and other items that may be requested by the panel trustee or Chapter 13 trustee. If your bankruptcy attorney is+ Read More

Here at Shenwick & Associates, we’ve filed approximately 1,000 bankruptcies in our 23 years of practice.  And each case is a unique as the person who files it, involving a complex tapestry of assets, debts, real estate, marital status and other factors.  But there’s one thing that all individual bankruptcy filings have in common–individual debtors must complete required educational courses both before and after the bankruptcy filing.  Businesses filing for bankruptcy do not to take these courses.

Many first time homebuyers do not understand the closing process. They are uncertain of what will happen in the near future during this stressful, yet exciting, time. Real estate buyers also do not know that it is extremely beneficial to have a Walworth County real estate lawyer on their side during the closing process.

Terrance was standing outside my door when I unlocked, Friday last week. Terrance filed Chapter 7 bankruptcy with me, January 2013.  I tell people you can get approved for a mortgage as soon as two years after your bankruptcy discharge.  Terrance got his mortgage approved two years and four months after his bankruptcy.

Terrance was standing outside my door when I unlocked, Friday last week. Terrance filed Chapter 7 bankruptcy with me, January 2013.  I tell people you can get approved for a mortgage as soon as two years after your bankruptcy discharge.  Terrance got his mortgage approved two years and four months after his bankruptcy. Or he thought he […]

Two Common Chapters Most people are aware that there are two common chapters of bankruptcy for individuals and families. The two chapters are chapter 7 and Chapter 13 of the United States Bankruptcy Code. Nearly 75% of all bankruptcy cases are of the chapter 7 variety. Chapter 7 provides for a fresh start for someone+ Read More

In a recent case, a lawyer was sanctioned by an Ohio bankruptcy judge for his conduct in connection with an adversary proceeding he brought on behalf of a client against a Chapter 7 debtor. The lawyer was vindicated, though, after the Bankruptcy Appellate Panel of the Sixth Circuit (the “BAP”) reversed the bankruptcy court on appeal. Read More ›