Should You Incorporate Before Filing Bankruptcy?

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Whether a business is incorporated or not can have a dramatic impact on the outcome of a bankruptcy case, especially in Chapter 7 cases where the bankruptcy trustee has the power to sell non-exempt assets.  Successfully filing a business bankruptcy in Nebraska depends on understanding the important difference between incorporated and unincorporated business assets. 

How Long Does a Bankruptcy Case Last?

2558_Old-Quartz-clockHow long a bankruptcy case lasts depends on which chapter you file.  Chapter 7 bankruptcy can eliminate or discharge eligible debt within a matter of months.  Chapter 13 bankruptcy can help you repay debt obligations within an average of 3 to 5 years.  Since each person’s situation varies, the length of your case may also [...]

Chapter 7 Fresh Start Recommendation

This is the case of Gail Sanders who lives on 60th St. in Chicago, Illinois.  She is interested in filing a Chapter 7 bankruptcy to eliminate credit card debt.  Gail has never filed bankruptcy before.  She is not a homeowner.  She is renting.  Her landlord is St.

Can You Reaffirm A Mortgage After Bankruptcy?

mortgage reaffirmation after bankruptcyIf you own a home and file for Chapter 7 bankruptcy, your lender might ask you to sign a reaffirmation agreement. Here’s what it means, and why you may want to think twice.
When you file for Chapter 7 bankruptcy, your personal responsibility for paying your mortgage will be wiped out.

Bankruptcy Lawyer Miami - Practice Limited to Bankruptcy

Miami Personal Bankruptcy Lawyer Jordan E. Bublick has over 25 years of experience in filing chapter 13 and chapter 7 bankruptcy cases. His office is centrally located in Miami at 1221 Brickell Avenue, 9th Fl., Miami and may be reached at (305) 891-4055.  www.bublicklaw.com

Miami Bankruptcy Lawyer - Practice Limited to Bankruptcy

The Short Sale

Miami Personal Bankruptcy Lawyer Jordan E. Bublick has over 25 years of experience in filing Chapter 13 and Chapter 7 bankruptcy cases. His office is centrally located in Miami at 1221 Brickell Avenue, 9th Fl., Miami and may be reached at (305) 891-4055.  www.bublicklaw.com

Today In Bankruptcy – 10-17-2013

072709_AJ_JCPENNY298.JPGBringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for October 17, 2013 JCPenney stock falls over false bankruptcy rumor Puerto Rico Denies Bankruptcy And Takeover Rumors Park Cities’ Bank Holding Company Files for Bankruptcy  

Former Enron Executive Indicted on Bankruptcy Fraud Charges

ap_enron_080122_msA federal grand jury returned a 24-count indictment on former Enron Executive Jeffery Adam Shankman, 46, that included concealing assets with bankruptcy fraud.  He is expected to make his appearance before a U.S magistrate judge upon turning himself in to authorities. His charges include purposely hiding assets from creditors and the bankruptcy trustee who was [...]

Dealing with Underemployment in Michigan

Unfortunately many Michigan families have seen a drop in their income due to a reduction in work hours or a decrease in their pay.  They may even be performing a job beneath their skill set due to a sluggish job market.  These circumstances are termed “underemployment”. The creation of many more part time jobs in [...]The post Dealing with Underemployment in Michigan appeared first on Acclaim Legal Services, PLLC.

MERS Kansas Supreme Court

Today's New York Times refers to a recent decision by the Supreme Court of Kansas in the case of Landmark National Bank v. Kesler, et al., No. 98,489 (Kansas 2009) involving the controversial organization known as "MERS" - the Mortgage Electronic Registration Systems, Inc. MERS was established by large lenders as a quasi-parallel recording recording system to facilitate electronic trading and tracking of mortgages.

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