Recent Posts in Bankruptcy Code Category
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Posted on Jan 28, 2012 By Robert Kovacs
What is an Adversary Complaint? Federal laws protect an individual from creditor harassment during a bankruptcy case. Sometimes disputes arise during the case and a creditor, the trustee, or the ...
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Posted on Jan 28, 2012 By Robert Kovacs
Discharge of Tax Debts when your return is filed late. Generally, income tax debts become dischargeable in bankruptcy if your tax has been past due for at least three years, the return was actually ...
Continue reading "Discharge of Tax Debts when your return is filed late -- In re McCoy" »
Posted on Jan 8, 2012 By Robert Kovacs
When a Creditor Violates the Bankruptcy Discharge Your bankruptcy discharge is a court ordered permanent injunction prohibiting certain creditors from taking collection action against you. A debt ...
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Posted on Dec 11, 2011 By Robert Kovacs
Self Employed Individuals Use Net income not Gross income on form 22C, Means Test The US Bankruptcy Court for the District Court of Puerto Rico recently ruled in In Re: Roman (2011 Bankr. Lexis 4483) ...
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Posted on Nov 19, 2011 By Robert Kovacs
Contested Lien Strip Victory – Second Mortgage Eliminated Many people are unaware that in bankruptcy you may complete eliminate second mortgages and equity lines of credit on their home or ...
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Posted on Nov 19, 2011 By Robert Kovacs
Alabama County Files Largest Chapter 9 Bankruptcy Recently the commissioners of Jefferson County, Alabama, voted to file the largest Chapter 9 bankruptcy in history. The New York Times reports that ...
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Posted on Oct 27, 2011 By Robert Kovacs
Making Monthly Payments During Bankruptcy Automatic payments are a convenient way to pay your bills. An automatic payment is an arrangement for a specific amount of money to go from your bank account ...
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Posted on Oct 27, 2011 By Robert Kovacs
Solicitor General Supports Debtor in Supreme Court In Countrywide v. Rodriguez, No. 10-1285 (S.Ct.) the United States Solicitor General submitted an amicus brief opposing certiorari and supporting ...
Continue reading "NACBA AMICUS NEWS" »
Posted on Oct 16, 2011 By Robert Kovacs
Are You A Bankruptcy Phoenix? The ancient world has many stories of the firebird, or phoenix. The phoenix is mythical bird of great beauty that lives a very long time. At the end of its life the ...
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Posted on Sep 22, 2011 By Robert Kovacs
Bankruptcy Stops Wage Garnishments Cold One of the most beneficial provisions of the federal Bankruptcy Code is the automatic stay which stops all creditor action once the case is filed. Creditors can ...
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Posted on Sep 21, 2011 By Robert Kovacs
When Does My Bankruptcy Case End? "When does my bankruptcy case end?" may sound like a simple question, but the answer can be very confusing. There are several different milestones that ...
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Posted on Sep 9, 2011 By Robert Kovacs
Is your Bank Account Half Full Or Half Empty? 5 People Who have filed Bankruptcy It's funny how perspective can shape reality. For instance, some Massachusetts debtors view a personal bankruptcy ...
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Posted on Aug 31, 2011 By Robert Kovacs
Eighth Circuit BAP Allows Strip Off of Wholly Unsecured Lien in Chapter 20 The Eighth Circuit BAP found that a chapter 13 debtor may strip off a wholly unsecured lien on his principal residence even ...
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Posted on Aug 25, 2011 By Robert Kovacs
This article is care of the American Bar Association. For the full article please visit http://apps.americanbar.org/abapubs/design/smart/0811/11.html Chapter 11 Bankruptcy: A Primer By Christopher R. ...
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Posted on Aug 21, 2011 By Robert Kovacs
The Positives of Bankruptcy! Massachusetts residents who use the bankruptcy laws most successfully are generally those with the best attitudes and the proper perspectives. As one writer asked, ...
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Posted on Aug 17, 2011 By Robert Kovacs
Dear NACBA Member: We wanted to let our members know that NACBA issued the following press release late last week: NATIONAL ASSOCIATION OF CONSUMER BANKRUPTCY ATTORNEYS ISSUES RESPONSE TO OBAMA ...
Continue reading ""NATIONAL ASSOCIATION OF CONSUMER BANKRUPTCY ATTORNEYS ISSUES RESPONSE TO OBAMA ADMINISTRATION PLAN TO SELL VACANT AND ABANDONED PROPERTIES IN FORECLOSURE"" »
Posted on Aug 16, 2011 By Robert Kovacs
How Bankruptcy Empowers Many Massachusetts residents struggling with debt also feel powerless. Collection agents are skilled at making you feel stressed and hopeless through embarrassing phone calls ...
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Posted on Aug 10, 2011 By Robert Kovacs
Renting As A Tenant After Bankruptcy Renting a house or apartment after your Massachusetts bankruptcy discharge can be a little intimidating. Some landlords will run a credit check during the ...
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Posted on Aug 8, 2011 By Robert Kovacs
Can I Keep A Credit Card If I File Bankruptcy? Many Massachusetts bankruptcy debtors need a credit card for work. Whether it is necessary for business purchases or travel, it is common for clients to ...
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Posted on Aug 7, 2011 By Robert Kovacs
Tax liens will "ride through" your bankruptcy case. If you have an otherwise dischargeable tax claim and a lien has been recorded against your real or personal property the lien will remain ...
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Posted on Jul 30, 2011 By Robert Kovacs
"RECENTLY FILED AMICUS BRIEFS: Exemption for Inherited IRA NACBA has filed an amicus brief in the case of In re Chilton, No. 11-40377 (5th Cir.). That case addresses the issue of whether a debtor ...
Continue reading ""RECENTLY FILED AMICUS BRIEFS." and "OTHER NEWS" -- From the National Association of Consumer Bankruptcy Lawyers" »
Posted on Jul 28, 2011 By Robert Kovacs
Checkout our new chapter 7 bankruptcy video
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Posted on Jul 27, 2011 By Robert Kovacs
Your Personal "Debt Ceiling" On July 25, President Obama addressed the country asking the American public to encourage their Congressmen to raise our nation's debt ceiling. The debt ...
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Posted on Jul 24, 2011 By Robert Kovacs
Picking and Choosing Debts to Discharge There are many myths circulating regarding bankruptcy in Massachusetts. One of the most popular myths is that a bankruptcy debtor can pick and choose which ...
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Posted on Jul 20, 2011 By Robert Kovacs
Bankruptcy Can Provide Leverage to Underwater Homeowners The Washington Post recently reported that the Obama administration is not planning another large federally funded program to relieving the ...
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