Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for April 25, 2013 Bankruptcy judge issues arrest warrant for former Michael Jackson doctor Big city waste contractor in bankruptcy sale Fisker Automotive, struggling plug-in hybrid automaker considering filing for bankruptcy

While many consumers struggle to make payments on their medical bills, there are doctors facing a similar struggle; except it involves keeping their businesses afloat.  The American Bankruptcy Institute’s health care committee has noticed a spike in Chapter 11 bankruptcy filings by doctors with 8 being filed in recent weeks alone.  Industry experts have noticed [...]

Due to severe budgetary constraints, the United States Trustee is no longer designating bankruptcy cases for random audits. Bankruptcy attorneys across both Oregon and Washington who had to cope with the burdensome audit requirements aslong with their clients are now breathing a heavy sigh of relief

One of the most important elements debtors should review when considering bankruptcy is how personal debt is handled by the court.  When you file, you are required to list outstanding debt including loans owed to friends or family.  Depending on the chapter you file they are handled differently.  For the most part, these types of [...]

Here at Shenwick & Associates, we often get questions from clients if they may transfer a house or an apartment from one spouse to the other after being sued or prior to a bankruptcy filing. In In re Panepinto, Case No. 12-11230K (Bankr. W.D.N.Y., Feb. 25, 2013), an upstate Bankruptcy Court considered this question and held that such a transfer could be a fraudulent conveyance and set aside.

Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for April 23, 2013 Jon Corzine sued by MF Global Holdings bankruptcy trustee Louis Freeh Janice Dickinson Broke? Supermodel Reportedly Declares Bankruptcy How to Find a Great Bankruptcy Attorney

Payday loans, also known as a cash advance, are short-term loans borrowers obtain against their next paycheck.  While they seem convenient in helping you get necessary expenses covered between pay days, many find themselves trapped in trying to break the cycle of getting it paid without the need to take it out again.  Due to [...]

They’d been divorced for years when she discovered he’d been messing with her credit score.
She called in tears, sobbing about how her ex-husband was supposed to have removed her name from the joint credit card as part of the divorce decree. He hadn’t done so, fell behind on the payments to the creditor, and now her credit score looked like swiss cheese.