Bankruptcy Filings Lower in Arizona Than Last Year
Bankruptcy Filings Lower in Tucson, Arizona and Phoenix, Arizona Than Last Year Arizona bankruptcies have been declining in number for the last 9 months. Statewide filings fell 23 percent in October...
View ArticleAmerican Airlines: Not Too Big to Fail
The last domino has fallen. American Airlines, the last of the previous generation of top airlines not to file for bankruptcy, caved in last week and filed for chapter 11 protection. Analysts cite a...
View ArticleAre Consumer Bankruptcy Attorneys Biased Towards Chapter 13 Bankruptcy?
Are Consumer Bankruptcy Attorneys Biased? In my experience, absolutely not. In fact, consumer bankruptcy attorneys are among the most dedicated the legal profession has to offer, performing what is...
View ArticleReaffirmation Agreements for Multiple Mortgages Approved by Ohio Court
Reaffirmation Agreements in Bankruptcy Although most consumers file bankruptcy, eliminate their debts and don’t look back, some find it more convenient to keep paying on loans that were in place prior...
View ArticleFirst Circuit: Lender Not Obligated to Foreclose on Home Surrendered in...
Surrendering Property Usually Allows the Debtor to Walk Away From Underwater Property. What Happens When the Bank Refuses to Take Ownership? One of the big advantages for consumers filing bankruptcy is...
View ArticleMake Student Loan Debt Dischargeable in Bankruptcy…Again
Why Not Student Loans? In the famous decision, Local Loan Co. vs. Hunt, the Supreme Court summed up the relatively simple policy behind our bankruptcy laws: the ”honest but unfortunate” debtor is given...
View ArticleHSBC Reaffirmation Agreements Don’t Quite Add Up: Are the Errors Intentional?
Problems With Reaffirmation Agreements of HSBC Subsidiary A couple months ago, I got a call from a prospective client (who we’ll call Jim). At the time he called, Jim was involved in a pro se adversary...
View ArticleCan I meet with a bankruptcy attorney and not file for bankruptcy?
Meeting with an attorney does not mean that you’re obligated to file for bankruptcy Meeting with a bankruptcy attorney means that you are interested in exploring your options for dealing with debt. It...
View ArticleSeventh Circuit: Attempted Murder Debts Not Dischargeable
The right to a bankruptcy discharge is not absolute. For example, debtors who fail to keep adequate records, hide assets, incurred debt based on false pretenses, rack up credit card debt in bad faith...
View ArticleFlorida Court Approves Chapter 20 Lien Strip
Lien Stripping in Bankruptcy is Court Ordered Mortgage Modification One of the advantages to filing chapter 13 bankruptcy is the ability to strip an “under secured” junior mortgage lien. When a...
View Article
