Last week, I was reminded about the importance of taking care of Chapter 13 business early.  I got stuck in court for 4 hours waiting to have a 45 second conversation with the Chapter 13 trustee.My case involved a trustee motion to dismiss.  My client had filed Chapter 13 about 2 years ago and earlier this year he lost his job and thus fell behind on his trustee payments.  The trustee filed a motion to dismiss, with a hearing scheduled for mid-May.  A couple of days before the hearing my client called to say that he had landed a new job and could I buy him some time.

On June 27, 2013, Managing Attorney Chris Jones was a featured speaker at a Consumer Bankruptcy Association presentation in Royal Oak, Michigan.  He instructed both consumer and creditor bankruptcy attorneys about the changes made to the district’s model Chapter 13 plan effective January 2013.  He covered such topics as handling debtors’ income tax refunds and whether [...]The post Attorney Chris Jones Speaks

Written by: Robert DeMarco

It's just another kick in the teeth. After losing homes in foreclosure a few years ago, borrowers may be getting another big surprise soon as mortgage lenders are now gearing up to file lawsuits against homeowners for the balance of the mortgage.

It's just another kick in the teeth. After losing homes in foreclosure a few years ago, borrowers may be getting another big surprise soon as mortgage lenders are now gearing up to file lawsuits against homeowners for the balance of the mortgage.

By John Clark
Several months after filing for bankruptcy, Eastman Kodak Co., the iconic film company, says it has reached a bankruptcy settlement deal, according to a report from Reuters.

Written by: Robert DeMarco
– Lowes to Buy Over 60 Store Locations

Keeping your mobile home in bankruptcy may depend on a few legal factors.  Many debtors who seek protection for property such as a mobile home qualify for protection under certain exemptions available when you file.  In most cases, it will depend on the state you live in and what exemptions are available for protection.  Other [...]

Can a bankruptcy trustee search my house?  I don’t get that question every day, but it comes up.  The answer is yes, but it almost never happens.  The follow-up question, “do they need a search warrant?”  The answer is usually no.  Most people assume that you have to have a search warrant to search someone’s home.  However, the Fourth Amendment warrant requirement is much less stringent than most people assume.

Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for June 20, 2013 Kodak strikes post-bankruptcy loan deal with banks How Chapter 9 bankruptcy could affect Detroit pensions, health care Backstreet Boys’ Bankruptcy Claims ‘Incomplete’