Recent Posts in Bankruptcy Plan Category
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 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 Dec 6, 2011 By Robert Kovacs
My home has been sold at foreclosure – Is there any way for me to get my house back? Maybe, but the road in front of you will be an uphill battle. First, the best situation is to contact a ...
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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 Oct 16, 2011 By Robert Kovacs
Dear NACBA Member: On Wednesday, we wrote to bring you up-to-date on activities of NACBA’s Legislative Committee in support of the Principal Paydown Plan (PPP). Just as that email went out, we ...
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Posted on Oct 5, 2011 By Robert Kovacs
Bankruptcy's Means Test In 2005, Congress changed the Bankruptcy Code and added a means test to prevent wealthy debtors from filing Chapter 7 Bankruptcy. The means test is a calculation designed ...
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Posted on Sep 9, 2011 By Robert Kovacs
Tax Returns After Filing Chapter 13 Bankruptcy YOU CAN KEEP YOUR TAX RETURN!!! A Massachusetts Chapter 13 bankruptcy case lasts between three to five years. That is three to five New Years, three to ...
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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 23, 2011 By Robert Kovacs
Homeowners Need Help Neither Congress, nor federal regulators, nor state or federal prosecutors have yet to conduct a thorough investigation into the mortgage bubble and financial bust. We welcomed ...
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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 May 30, 2011 By
Rental Property - Mortgage Cram Down - Reduce your principle balance on your mortgage loan In a chapter 11 or 13 bankruptcy you may be able to reduce the outstanding principle balance on your mortgage ...
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Posted on Feb 3, 2010 By Robert Kovacs
For most debtors filing under chapter 7, 11, 12, or 13 you are able to keep your tax return without surrendering it over to the case trustee or the estate. In bankruptcy you are able to exempt certain ...
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