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 ›

This is the chapter 7 bankruptcy case study for Ms. G., who resides in Chicago, Illinois. We are here to examine whether or not Ms. G. can qualify and benefit from a chapter 7 bankruptcy filing. Let’s examine the facts of her case: she is currently residing in Chicago and she is renting. Her rental+ Read More

Walworth County real estate taxes can be a huge financial strain, especially in Lake Geneva. Walworth County real estate taxes keep going up, even though many homeowners have noticed their property values have gone down. How can this be? Our Walworth County real estate attorney will walk you through a few things you can do to minimize your Walworth County real estate taxes.
 
Reduce Your Walworth County Real Estate Taxes

http://nwdrlf.com/wp-content/uploads/2016/03/Tom_McAvity_Interview_Benifits_of_Bankruptcy_March_2016.mp3

Bert:
All right. We are back. My next guest, Tom McAvity. Tom McAvity is a bankruptcy attorney and the author of the bestselling book, “The Benefits of Bankruptcy”. Tom McAvity, welcome to Money for Lunch.

Tom:
Thank you.