Bankruptcy Education

Where Are Bankruptcy Cases Filed?

There are 94 federal judicial districts in this America, and in almost all districts, bankruptcy cases are filed in the bankruptcy court. Almost all districts of separately appointed federal judges that just handle bankruptcy filing and related matters. Bankruptcy cases cannot be filed in state court. Why are there separate federal bankruptcy courts? Mainly because …

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The Truth About Bankruptcy

My colleague Jamie Ryke of Second Start Bankruptcy Law Firm talks about how staying alive often means filing bankruptcy, and how some people let the stigma of bankruptcy effect their better judgment. Bankruptcy is a legal device that is intended to help you from losing everything. Let us listen in to Jamie Ryke –

What Amount Of Equity Is Protected In A Debtor’s Recently Purchased Homestead?

This question was recently answered by the United States Bankruptcy Court for the Western District of Texas in a decision by Judge Frank Monroe entitled In re Fehmel , Case No. 07-60831 (Bankr. W.D. Tex 5/22/08). Texas is a state that tries to protect all of the equity of a home of a person or …

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