Recent Posts in Bankruptcy Law Category
Posted on Apr 19, 2011 By Malaise Law Firm
Recent changes to bankruptcy law have made it more difficult for many would-be filers to qualify for certain types of bankruptcy. The Bankruptcy Abuse Prevention and Consumer Act of 2005 was recently ...
Continue reading "Laws Make it Harder to File for Chapter 7" »
Posted on Jan 24, 2011 By Malaise Law Firm
In an argument that is certain to last for months, if not years, U.S. House of Representatives Majority Leader Eric Cantor re-affirmed his belief that states should not be allowed to declare ...
Continue reading "Eric Cantor Believes States Should Not Be Able to File for Bankruptcy" »
Posted on Nov 9, 2010 By San Antonio Bankruptcy Lawyer
A common misconception regarding Chapter 7 bankruptcy is that a debtor will lose all of his or her property. This is simply not the case. If you file under Chapter 7, you will face the liquidation of ...
Continue reading "Will I Lose All My Property?" »
Posted on Oct 19, 2010 By Malaise Law Firm
When people are considering filing for bankruptcy in the state of Texas, they often wonder why they need to enlist the services of a San Antonio bankruptcy lawyer . While you can certainly file for ...
Continue reading "Avoid Do It Yourself Bankruptcy" »
Posted on Oct 18, 2010 By Malaise Law Firm
According to experts, if you are behind on your mortgage payment, one of the best things you can do is contact your lender. Experts say that lenders may be open to working out a plan with you that ...
Continue reading "Behind on Your Mortgage?" »
Posted on Sep 6, 2010 By Malaise Law Firm
When people are filing for bankruptcy because they have a great deal of medical debt they may wonder if they can just list their medical debt in their bankruptcy petition and not list out their other ...
Continue reading "Medical Debt and Bankruptcy" »
Posted on Aug 16, 2010 By Malaise Law Firm
Earlier this week it was reported that a proposed reorganization plan for the Tribune Company has fallen apart. The plan was supposed to lead the company out of bankruptcy. It is reported that ...
Continue reading "Tribune Company's Reorganization Efforts Fall Apart" »
Posted on Jul 10, 2010 By Malaise Law Firm
After people have filed their Chapter 7 or Chapter 13 bankruptcy petitions, a bankruptcy trustee will be appointed to their cases. Essentially, a bankruptcy trustee is designated to oversee people's ...
Continue reading "The Role of a Bankruptcy Trustee" »
Posted on Jul 3, 2010 By Malaise Law Firm
In the United States, consumers may file for chapter 13 bankruptcy if they: § are a U.S. resident § have a source of proven, regular income § owe less than $290,525 in unsecured debts § owe less than ...
Continue reading "Who Can File for Chapter 13 Bankruptcy?" »
Posted on Jun 17, 2010 By Malaise Law Firm
In Wilmington, Delaware, it is reported that Washington Mutual Inc. delayed its hearings to discuss the company's chapter 11 bankruptcy proceedings . The company is working to satisfy its shareholders ...
Continue reading "WaMu Delays Reorganization Hearings" »
Posted on Jun 8, 2010 By Malaise Law Firm
What is foreclosure? Foreclosure is a process that occurs when a homeowner falls behind on his or her mortgage payments to lenders or financial institutions. Once homeowners fail behind on their ...
Continue reading "Foreclosure FAQ" »
Posted on May 16, 2010 By Malaise Law Firm
This past Friday, Dallas based Blockbuster said that it has plans to file for Chapter 11 bankruptcy . The video store giant told news sources that it currently has enough cash flow to support ...
Continue reading "Dallas Based Blockbuster Plans to File for Bankruptcy" »
Posted on Apr 25, 2010 By Malaise Law Firm
Most people who are halfway honest like to keep their financial agreements and pay their bills whenever possible. We feel better when we are able to meet our obligations and keep on top of things. ...
Continue reading "Bankruptcy "is" Sometimes the Best Choice " »
Posted on Apr 24, 2010 By Malaise Law Firm
Advantages of filing bankruptcy One of the main advantages of filing for bankruptcy is that it takes the immediate overwhelming amount of stress out of the picture as creditors will stop harassing you ...
Continue reading "Bankruptcy, a Few Facts to Keep in Mind" »
Posted on Apr 1, 2010 By Malaise Law Firm
The U.S. Supreme Court has ruled it is not a violation of federal law for bankruptcy attorneys to advise their clients to acquire more debt before filing for bankruptcy , nor is a new provision to the ...
Continue reading "Supreme Court Issues Ruling Over New Bankruptcy Laws" »
Posted on Nov 16, 2009 By Malaise Law Firm
Passing the Means Test The Means Test is a formula designed to identify debtors that can afford to pay some of their unsecured debts (for instance, credit card debt ) and encourage repayment of these ...
Continue reading "Bankruptcy Means Test" »
Posted on Nov 16, 2009 By Malaise Law Firm
The principal theory of consumer bankruptcy in America is that it provides a "fresh start" to debtors. A prime example of this policy is found in the 1918 Supreme Court case of Stellwagen v. Clum in ...
Continue reading "Bankruptcy's "Fresh Start"" »