Being honest during your bankruptcy can make the filing process easier to complete with increased chances of getting the outcome you want. For many debtors this includes discharge, eliminating or wiping out debt.  You may think things are complete upon being granted a discharge of debts, but if you were not honest during proceedings your […]

Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for February 27, 2014 Twinkies bankruptcy raises specter of U.S. pension fund failures Renzi under pressure as city of Rome risks bankruptcy Detroit uses stick and carrot to sell bankruptcy plan

Oksana Grigorieva, Mel Gibson’s ex and mother of Gibson’s child, filed Chapter 13 bankruptcy in California.  Grigorieva and Gibson went through an explosive child custody war in which she was awarded hundreds of thousands of dollars.  But recently she claims she has fallen on hard times and only has $10 to her name.

On June 27, 2012, the Florida Second District Court of Appeals issued its decision in Geraci v. Ems, 93 So. 3d 384 (Fla. 2nd DCA 2012).

Drake Bell, former Nickelodeon child star, filed for Chapter 7 bankruptcy protection after accumulating hundreds of thousands of dollars in debt he claims he is unable to pay. The 26 year old actor claims to owe the Internal Revenue Service (IRS) tens of thousands of dollars while having other outstanding liabilities that over exceeds his […]

One of the great things that chapter 13 bankruptcy can accomplish is the return of a vehicle that was repossessed. Your vehicle remains your property until such time that it is sold at auction.

Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for February 25, 2014 Quiznos Could File Bankruptcy by Monday Making Avenue Capital’s Investment Toast Lengthy bankruptcy looking more likely for Energy Future Suntech Power Holdings Files for Chapter 15 Bankruptcy Protection

There are debtors who feel filing bankruptcy may not be necessary when they are unemployed. But as time goes by, you have been unable to repay debt obligations or you have no assets for creditors to seize. When you gain employment again you may start thinking about your finances with intentions of getting back on […]

Congressman Eugene J. Keogh of New YorkIn 2009, the 11th Circuit Court of Appeals  issued its opinion in the case of In re Baker, ___ F.3rd ___, 2009 WL 4912122 (11th Cir.

Each year roughly 1 million cases are filed in bankruptcy court.  During 2012 it was estimated that hundreds of thousands of petitions filed included foreclosure, but this wasn’t the prime reason why many filed.  A recent study took a look at why many cases were filed that year, with some surprising results.  While many households […]