Bankruptcy Blog

A recent case out of a Bankruptcy Court in Massachusetts highlights some important rights and restraints of a Chapter 7 Bankruptcy Trustee. In In re Deveau, (Bankr. E.D. Mass. 12/19/19), Case No. 15-13300, the Bankruptcy Judge, Hon. Frank J. Bailey, was faced with a complicated set of facts and a Chapter 7 Trustee who sought the Court's approval of a potential settlement of a claim. The Judge ultimately did not approve a settlement between the Trustee with an insurance carrier who had previously denied coverage to the debtor.

The United States Bankruptcy Code, when used in a timely and systematic way, is a powerful law that may allow both consumer and business debtors to wipe out some debts…

One of the first things we advise all of our clients about filing bankruptcy is the requirement that a debtor disclose all required information.   Whether filing a Chapter 7…

“Honestly is the best policy”.   While the origins of the phrase are arguably linked to Thomas Jefferson, Benjamin Franklin, and even as far back as William Shakespeare, recent history and…

Banks, consumer lenders, and the politicians who enjoy their financial support, often argue that those seeking a fresh start in the Bankruptcy Courts seek to discharge their debt when they…

Once we file a bankruptcy for a client, inevitably the biggest source of stress for our clients is the 341a/Trustee meeting.  They receive the notice from the Court and the…

Obviously, one of the first and for many potential clients, one of the most important questions that a client has is: how much is filing a bankruptcy going to cost…

This is not an easy question to answer, as it depends on many factors.  So my first bit of advice would be to set up a consultation with an experienced…

One of the things we advise all of our clients once their bankruptcy is over and they have received their discharge, is to pull a credit report and make sure…