In many cases, assets that belong to your spouse may be off limits to creditors but it depends on the circumstances of the spouse filing for protection.  There are a few factors to review that may give clarity regarding account funds.  You need have a good idea of what assets are considered part of your [...]

thousands of jobs as well. In fact a recent study shows that payday loans cause roughly fifty-five thousand bankruptcies per year. Tell us what we don’t know.

California is a state of drivers. For those with child support debts, bankruptcy may provide relief from a driver license suspension.

In an update from a previous post, a bill that would prevent local governments from being able to require lenders to offer mediation to homeowners facing foreclosure is nearing passage in the Missouri Senate. The bill, passed by the Missouri House of Representatives a few weeks ago, would directly oppose ordinances passed in St. Louis [...]

Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for May 07, 2013 SouthPeak Seeks to Pull Plug on TimeGate Bankruptcy New testimony in Shapiro bankruptcy case supports claims Solyndra bankruptcy scandal spills over into wind projects

Consumers have the option of filing for bankruptcy on their own, also known as “pro se,” in which you represent yourself.  You are not required by law to file bankruptcy with an attorney, but many do not understand the risk they take upon themselves when considering the process without guidance of an experienced attorney.  For instance, many [...]

The Bankruptcy Court of the Western District of Michigan recently denied a Trustee’s Motion to Sell Avoidance Actions pursuant to 11 U.S.C. 363(b).1 The Trustee’s Motion sought authority to sell potential causes of actions under Chapter 5 of the Bankruptcy Code, as the estate had limited resources to pursue the actions. The Court noted that the Sixth Circuit has not decided the issue of whether a Bankruptcy Trustee has authority to sell avoidance actions.

To my readers around the country, please keep in mind that I cannot give you legal advice. My answers here on this blog may help you think of things to talk about with YOUR LAWYER. DO NOT TRY TO BE YOUR OWN LAWYER, based on anything you read here. That would be a really bad idea.   Welcome. [...]The post Welcome to the “Reader Top Rated” Bankruptcy Blog appeared first on Robert Weed.

To my readers around the country, please keep in mind that I cannot give you legal advice. My answers here on this blog may help you think of things to talk about with YOUR LAWYER. DO NOT TRY TO BE YOUR OWN LAWYER, based on anything you read here. That would be a really bad idea.   Welcome. […]

To my readers around the country, please keep in mind that I cannot give you legal advice. My answers here on this blog may help you think of things to talk about with YOUR LAWYER. DO NOT TRY TO BE YOUR OWN LAWYER, based on anything you read here. That would be a really bad idea.   Welcome. […]