Today In Bankruptcy – 03-06-2014

Today-In-Bankruptcy (1)Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for March 6th, 2014 Man Who Avoided Child Support By Faking Bankruptcy Gets 17 Years Over 1,500 stockbrokers fail to report bankruptcy, criminal records Mt. Gox’s Bankruptcy Case Will Be Unlike Any Other

New York Man Indicted on Mail and Bankruptcy Fraud Charges

lying-main_full1In late January a federal grand jury returned a two-count indictment with charges against 63-year old Eduardo Galan of Brockport, New York, which included mail fraud and bankruptcy fraud.  He is facing a maximum prison sentence of 20 years, a $250,000 fine or both.  Galan’s charges stem from stealing thousands that was meant for business […]

Using Bankruptcy to Stop or Prevent Wage Garnishment

Wage-GarnishmentThe state of Texas, along with a few other states, may not allow creditors to garnish wages to satisfy debts, except for special circumstances such as spousal/child support, student loans and federal taxes. A wage garnishment is when a creditor receives permission from the court to withhold payment from paycheck earnings and have them forwarded […]

Today In Bankruptcy – 03-04-2014

Today-In-Bankruptcy (1)Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for March 4th, 2014 Detroit asks bankruptcy court to approve new deal to end swaps Electricity generator Mach Gen LLC files for bankruptcy Sorenson Communications files for bankruptcy

Real Housewives Stars May Plead Guilty to Mortgage and Bankruptcy Fraud Charges

Tere guidiceReal Housewives of New Jersey stars Teresa Giudice, 41 and her husband Giuseppe “Joe” Giudice, 43, may plead guilty to federal charges they are facing through a plea deal. Several media outlets have reported the couple may have a plea deal in place that could lessen their prison sentences with the possibility of millions of […]

Bankruptcy Often the Least Desireable Option to Eliminate Student Loan Debt

elimination of debtI recently received this email from a prospective client (“Jane”) seeking to have her student loans discharge

Bankruptcy Often the Least Desireable Option to Eliminate Student Loan Debt

elimination of debtI recently received this email from a prospective client (“Jane”) seeking to have her student loans discharge

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