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Bankruptcy
: The Debt PodcastWhat Are the Rights and Responsibilites of Chapter 13 Debtors and Their Attorneys After the Case is Filed?
Full post as published by The Debt Podcast on March 18, 2008 (boomark / email).
6th Circuit Orders Turnover of Tax Refund
The Bankruptcy Appellate Panel in the 6th Circuit affirmed an Ohio Bankruptcy Court order requiring the debtors to turn over their tax refunds to the chapter 7 trustee. The debtors filed their chapter 7 case in March 2005 and their meeting of creditors was approximately two months later...
Ratio of Chapter 13s Is Declining
A centerpiece of the 2005 bankruptcy law was to force more debtors into chapter 13. The credit industry claimed many debtors were abusing the process by filing chapter 7 when they could at least make a partial repayment to creditors...
Would-a, Should-a, Could-a.
Everyone has found themselves saying that at one time or another. Perhaps it was the regrettable decision of a particular business venture (or business partner), or perhaps it was ordering the chicken salad special, rather than a turkey club...
Modification Of Chapter 13 Plans For Debtors In Financial Distress
I attended a meeting of local bankruptcy attorneys where the Chapter 13 Trustee spoke about current developments. She stated that the real estate recession in Florida, and job losses in many related industries is causing more and more Chapter 13...
Trustee Pursues Next Year's Tax Refund This Year
In previous years Chapter 7 trustees would inquire about debtors? income tax refunds after the first of the year through May or June. They would ask if the debtors had filed their tax returns, if they had received a refund...
Co-Debtor Stay in Chapter 13: The Debtor's Business
People own businesses: corporations, LLCs or other types of formal or informal business entities. When those people need to file bankruptcy, does the automatic stay that takes effect immediately upon filing also extend to those wholly-owned companies? The Bankruptcy Court in the Southern District of New York ruled on that issue on February 8, 2008...
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Bankruptcy can Stop Foreclosure
Cumulative Voting
Protecting minority shareholder interests
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