Since the bankruptcy reform laws were passed in 2005 you will see a lot of lawyers stating that they are a “debt relief agency”. Why is that so, and what does that mean? Under 11 U.S.C. § 101 a debt relief agency is defined simply as “any person who provides any bankruptcy assistance to an […]
What Does Debt Relief Agency Mean? Read More »
I hope this video dispels some apprehension about the Creditors’ Meeting. The name itself can create fear in the minds of individuals, “Creditors’ Meeting.” In general, individuals believe all of their creditors will be present at this meeting. This is rarely the case in a consumer bankruptcy. Please read this article I published relating to
Bankruptcy Basics Part 5 Creditors’s Meeting Read More »
Part 4 Filing for Bankruptcy In order to file for bankruptcy, an individual must take a credit counseling course and accurately complete and file a number of documents. Running Time: (2:57) Click here for link to uscourts.gov, where this video was downloaded.
Part 4 – Filing for Bankruptcy Read More »
Bankruptcy Basics Part 3 Limits of Bankruptcy Some debts cannot be discharged in a bankruptcy. Running Time: (4:34) by uscourts.gov
Limits of Bankruptcy Part 3 Read More »
Individuals file Chapter 13 Bankruptcy for one or more reasons or a combination of factors. The higher percentage of individuals I have represented file Chapter 13 to stop a foreclosure sale by their mortgage company. Foreclosure sale proceedings are initiated by the mortgagee because the debtors were delinquent on payments to their mortgage company. Another
Day 1 Filing Chapter 13 – Stopping the Foreclosure And Repossession Read More »
I have a case where the creditor’s attorney sent me a Reaffirmation Agreement. I had never had a creditor’s attorney try to have the creditor’s debt reaffirmed. Moreover, the creditor is over-secured with a deed of trust lien on the debtors’ principle residence. I read Section 524(c)(1) of the Bankruptcy Code. Without researching the case
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First, we will start at the legal beginning, the United States Constitution. Article I, Section 8, of the United States Constitution authorizes Congress to enact “uniform Laws on the subject of Bankruptcies.” Next, we had different bankruptcy acts, until 1978 when Congress enacted the uniform Bankruptcy Code in 1978. The Bankruptcy Code is called Title
