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Is Bankruptcy the Right Option For My Business?

Filing bankruptcy for your business can end the frustration and stress of trying to keep the “doors open” on a failing endeavor.  But is it necessary? If you have a sole proprietorship, you can’t file...

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What Are The Bankruptcy Laws To Be Aware Of?

The bankruptcy trustee can sell assets you no longer own for the benefit of your creditors. What, you say?  If it isn’t mine, what rights do my creditors have in those assets? It all depends on how you...

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How Much Does Bankruptcy Cost?

I asked my receptionist tonight what was the Number 1 question asked by callers to my office. Her response:  “How much will a bankruptcy cost me?”   And callers are usually not happy to hear the...

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Image may be NSFW.
Clik here to view.

Bankruptcy Appellate Panel Gets Student Loan Test Right

Bankruptcy lawyers and their clients are plagued by the Brunner test when trying to discharge student loans. While the Bankruptcy Code says that student loans may be discharged if the debtor shows...

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How To Modify Your Chapter 13 Plan After Confirmation

You filed for Chapter 13 bankruptcy.  Your Plan finally got confirmed, and you’ve been cruising along blissfully ever since.  But what happens if there’s a bump in the road and you need to change...

View Article


Image may be NSFW.
Clik here to view.

Bankruptcy Trustees: How to Keep them from Getting Verklempt

Filing bankruptcy cases means–very soon after the case has been filed–dealing with bankruptcy trustees.  I’ve practiced bankruptcy law for fifteen years now, and one thing I’ve learned about bankruptcy...

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Image may be NSFW.
Clik here to view.

Bankruptcy Petition Preparers: A Really Bad Idea

  Bankruptcy Petition Preparers.  Should you hire one? Let’s face it.  Folks with financial problems aren’t exactly flush with cash. So it’s tempting to cut corners in purchasing legal advice and to...

View Article

Image may be NSFW.
Clik here to view.

How to Do Your Bankruptcy Credit Counseling

  The Bankruptcy Code mandates that the debtor take a credit counseling course within 180 days prior to filing bankruptcy.  The course is one of the many useless hoops debtors must jump through prior...

View Article


Means Test and Attorney Fees

I wrote about attorney fees as a means test deduction some time ago.  BAPCPA’s provision, codified at section 707(a)(2)(A)(iv) of the Bankruptcy Code, says that priority claims are deducted from...

View Article


IRS to Chapter 13 Debtors: File Your Returns by February 5!

We all know that individual tax returns are due on April 15 (or a day or two later if April 15 is on a weekend).  But Congress inserted a little tax time craziness into sections 1308 and 1307 of the...

View Article

Image may be NSFW.
Clik here to view.

Is Bankruptcy the Right Option For My Business?

Filing bankruptcy for your business can end the frustration and stress of trying to keep the “doors open” on a failing endeavor. But is it necessary? If you have a sole proprietorship, you canâ€t...

View Article

What Are The Bankruptcy Laws To Be Aware Of?

The bankruptcy trustee can sell assets you no longer own for the benefit of your creditors. What, you say? If it isn’t mine, what rights do my creditors have in those assets? It all depends on how you...

View Article

How Much Does Bankruptcy Cost?

I asked my receptionist tonight what was the Number 1 question asked by callers to my office. Her response: “How much will a bankruptcy cost me?” And callers are usually not happy to hear the answer:...

View Article


Image may be NSFW.
Clik here to view.

Bankruptcy Appellate Panel Gets Student Loan Test Right

Bankruptcy lawyers and their clients are plagued by the Brunner test when trying to discharge student loans. While the Bankruptcy Code says that student loans may be discharged if the debtor shows...

View Article

How To Modify Your Chapter 13 Plan After Confirmation

You filed for Chapter 13 bankruptcy. Your Plan finally got confirmed, and you’ve been cruising along blissfully ever since. But what happens if there’s a bump in the road and you need to change course...

View Article


Image may be NSFW.
Clik here to view.

Bankruptcy Trustees: How to Keep them from Getting Verklempt

Filing bankruptcy cases means–very soon after the case has been filed–dealing with bankruptcy trustees. I’ve practiced bankruptcy law for fifteen years now, and one thing I’ve learned about bankruptcy...

View Article

Image may be NSFW.
Clik here to view.

Bankruptcy Petition Preparers: A Really Bad Idea

  Bankruptcy Petition Preparers. Should you hire one? Let’s face it. Folks with financial problems aren’t exactly flush with cash. So it’s tempting to cut corners in purchasing legal advice and to opt...

View Article


Image may be NSFW.
Clik here to view.

How to Do Your Bankruptcy Credit Counseling

  The Bankruptcy Code mandates that the debtor take a credit counseling course within 180 days prior to filing bankruptcy. The course is one of the many useless hoops debtors must jump through prior to...

View Article

Image may be NSFW.
Clik here to view.

Means Test and Attorney Fees

I wrote about attorney fees as a means test deduction some time ago.BAPCPA’s provision, codifiedat section 707(a)(2)(A)(iv) of the Bankruptcy Code, says that priority claims are deducted from income....

View Article

Image may be NSFW.
Clik here to view.

IRS to Chapter 13 Debtors: File Your Returns by February 5!

We all know that individual tax returns are due on April 15 (or a day or two later if April 15 is on a weekend). But Congress inserted a little tax time craziness into sections 1308 and 1307 of the new...

View Article
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