Blog Posts in 2012

• Posted By Robert Kovacs 31-Dec-2012

  In re Hoey, 2012 Bankr. LEXIS 5803 (Bankr. D. Mass. Dec. 18, 2012)

  In re Hoey, 2012 Bankr. LEXIS 5803 (Bankr. D. Mass. Dec. 18, 2012) Recently Judge Hillman, of the Boston Bankruptcy Court, found that a creditor cannot file a late objection to a bankruptcy plan prior to confirmation without excusable neglect. The ...

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• Posted By Robert Kovacs 21-Dec-2012

  What to Expect at your 341 Meeting!

  What to Expect at your 341 Meeting! Anyone filing Bankruptcy must go through several steps including a 341 Meeting. The 341 meeting is held in front of a trustee and not a judge. The trustee will swear the person in and verify identity. At this ...

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• Posted By Robert Kovacs 17-Dec-2012

  Student Loans and Bankruptcy Prior to October 7, 1998

  Student Loans and Bankruptcy Prior to October 7, 1998 Prior to October 7, 1998 student loans, federal or private, were dischargeable in bankruptcy. However, the loan had to be in repayment for more than 7 years. I think this was more than fair to ...

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• Posted By Robert Kovacs 16-Dec-2012

  What can a Chapter 13 Plan do §1322 (b) of the Bankruptcy Code

  What can a Chapter 13 Plan do §1322 (b) of the Bankruptcy Code A chapter 13 plan is required to do many things as outlined in §1322 (a). Also, there is a list of optional provisions contained in §1322 (b). Here is what you may do: (b) ...

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• Posted By Robert Kovacs 16-Dec-2012

  Attorney Kovacs has been Selected as a top 40 litigator under 40 by the American Society of Legal Advocates.

  Attorney Kovacs has been Selected as a top 40 litigator under 40 by the American Society of Legal Advocates. You can read about it here http://www.prlog.org/12062473-attorney-robert-kovacs-jr-joins-american-society-of-legal-advocates.html.

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• Posted By Robert Kovacs 9-Dec-2012

  "Helping your clients when they need help the most" Article from the WCBA's Committee on Services to the Poor & Homeless

  Please click here for information on many services available to the families facing financial distress.

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• Posted By Robert Kovacs 1-Dec-2012

  Recent Case Decisions - from the National Association of Consumer Bankruptcy Lawyers

  "Social Security Income Not Included in Projected Disposable Income In two important victories for debtors, the Fifth and Tenth Circuits have found that social security income is not included in the calculation of projected disposable income and ...

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• Posted By Robert Kovacs 29-Nov-2012

  October 2012 Foreclosure Statistics

  October 2012 Foreclosure Statistics According to the Warren Report there were 121 homes auctioned at foreclosure sales in Worcester County. This is a significant reduction from October 2010 high of 485. The Warren Group also reported 215 new ...

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• Posted By Robert Kovacs 4-Nov-2012

  Recent Cases - Provided By the National Association of Consumer Bankruptcy Lawyers.

  Social Security Income Not Included in Projected Disposable Income In an important victory for debtors, the Tenth Circuit found that social security income is not included in the calculation of projected disposable income and that its exclusion ...

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• Posted By Robert Kovacs 4-Nov-2012

  Loan Modification Tips from our Legal Assistant Lynn Conway

  Home Mortgage Modifications can be a huge asset to homeowners that have fallen behind on their mortgage. Applying can be very frustrating but with determination and perseverance a home owner can save their home. My husband became ill in 2009 and was ...

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• Posted By Robert Kovacs 2-Nov-2012

  People around the office

  People around the office In the last few months there are several new people in the Office. Here is who we are: Attorney Robert Kovacs Lynn Conway, Legal Assistant. Ms. Conway comes to us with over a decade of office management experience and a ...

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• Posted By Robert Kovacs 29-Oct-2012

  "Two important wins for NCBRC and NACBA"

  "The last few days have seen two important appellate decisions where the National Consumer Bankruptcy Rights Center (NCBRC) represented NACBA as an amicus curiae. These decisions reinforce the importance of our amicus efforts to all NACBA ...

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• Posted By Robert Kovacs 29-Sep-2012

  Attorney Kovacs has been rated as an "excellent" attorney on Avvo.com

  Attorney Kovacs has been rated as an "excellent" attorney on Avvo.com Avvo.com, an independent rating system of attorney's has rated Attorney Kovacs as "excellent." This rating has been reached by only 3 Worcester bankruptcy ...

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• Posted By Robert Kovacs 29-Sep-2012

  Case Update from the National Association of Consumer Bankruptcy Lawyers

  The case updates below are provided by the National Association of Consumer Bankruptcy Lawyers. I am proudly a member! Please visit their website at www.NACBA.org. "No Lien Stripping under Section 506(d) The Tenth Circuit found that an allowed ...

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• Posted By Robert Kovacs 11-Aug-2012

  Common Bankruptcy Question - I am planning on Filing Bankruptcy, Can I stop paying my monthly bill.

  Common Bankruptcy Question – I am planning on Filing Bankruptcy, Can I stop paying my monthly bill. Yes, but be careful. First off, if you are planning on filing bankruptcy you MUST stop using your credit cards right away. IF you continue to ...

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