Submitted by Anonymous (not verified) on Thu, 03/11/2021 - 21:59
Nebraska bankruptcy attorney Patrick Patino and had a great conversation about the hot topic of bifurcated chapter 7 fees in Nebraska.
In a traditional chapter 7 case all fees must be paid before a case is filed. Why? Because unpaid attorney fees are wiped out once a case is filed so attorneys demand that all fees be paid BEFORE a case is filed.
Submitted by Anonymous (not verified) on Tue, 03/09/2021 - 19:00
On January 14, 2021, the U.S. Supreme Court decided City of Chicago, Illinois v. Fulton (Case No. 19-357, Jan. 14, 2021), a case which examined whether merely retaining estate property after a bankruptcy filing violates the automatic stay provided for by §362(a) of the Bankruptcy Code. The Court overruled the bankruptcy court and U.S.
Submitted by Anonymous (not verified) on Tue, 03/09/2021 - 19:00
On January 14, 2021, the U.S. Supreme Court decided City of Chicago, Illinois v. Fulton (Case No. 19-357, Jan. 14, 2021), a case which examined whether merely retaining estate property after a bankruptcy filing violates the automatic stay provided for by §362(a) of the Bankruptcy Code. The Court overruled the bankruptcy court and U.S.
Submitted by Anonymous (not verified) on Tue, 03/09/2021 - 09:04
Bankruptcy filings are beneficial for individuals who are no longer capable of making payments to their creditors. There are several advantages to filing for bankruptcy. One of the main reasons why debtors file bankruptcy is for an automatic stay, which prohibits collection activities from debt collectors. This means that the debtor shall be protected from creditor harassment and wage garnishment. Another objective of filing a bankruptcy petition is to obtain a bankruptcy discharge.