A Wonder Lake, Ill man admits he committed fraud when he filed bankruptcy protection in 2008. James Grossmayer, 51, was charged with bankruptcy fraud after admitting he intentionally left out details about interest he had ownership of from an annuity totaling thousands of dollars. He also admits paperwork submitted to the bankruptcy court was incorrect. Grossmayer [...]

Creditors get paid in a Chapter 13 bankruptcy according to a legal pecking order. Knowing that pecking order can improve your chances for success.
If you’re thinking about Chapter 13 bankruptcy – whether because you want to or because you don’t have any other options – you know it’s designed to repay debts over time.

In a Chapter 13 bankruptcy case, upon filing, there is a creation of the Automatic Stay which protects the debtor against certain actions by creditors.  If the debtor is filing a bankruptcy case where a prior case was dismissed within the last year, then the Automatic Stay unless extended, will expire after 30 days.  This+ Read MoreThe post Motion to Extend the Automatic Stay appeared first on

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

If you are filing a Chapter 13 bankruptcy case in Chicago and in the prior year you have had two or more cases dismissed, then you are going to want to impose the Automatic Stay in your current filing.  By the fact that you have had two or more bankruptcy cases dismissed within a calendar+ Read MoreThe post Motion To Impose The Automatic Stay

A woman from Barron, Wis. was recently charged with counts of bankruptcy fraud that include concealing from creditors, transferring property to relatives and making a false declaration in a bankruptcy proceeding.  Cynthia Barlow, 55, was recently indicted on charges related to her bankruptcy filing that included concealing close to $19,000 while making a separate payment [...]

For every bankruptcy filing, our office sets up a filing appointment for our clients to come into the office and sit with us as we prepare the Bankruptcy Petition and Schedules, review the final product and sign off on the various dotted lines. For years this has forced an arguably undue burden on many of our clients. If you are married with kids and competing work schedules, it’s often not easy to get both of you into a lawyers office for two hours no matter how much you would like to.

Can’t everyone do a Chapter 7 or a Chapter 13?The simple answer is no. The eligibility for a Chapter 7 is based on several things:Median Income for Household Size – The median income determines what a Debtor or Debtors can file a bankruptcy. Median income is determined by household size. The following is the median family income data for Missouri and Illinois.   Household Size   Missouri       1 $41,092       2                     $51,784       3                    $59,549      4 $72,150  Illinois$47,485$59,861$68,721$80,776  Don’t panic yet.