Supreme Court Rules on Bankruptcy Case Involving Automatic Stay
Supreme Court Rules on Bankruptcy Case Involving Automatic Stay

In Ritzen Group, Inc. v. Jackson Masonry, , 589 U.S. ___ (2020), the United States Supreme Court unanimously ruled that where a creditor seeks "relief" from the "automatic stay" in a bankruptcy case and is denied that relief, the creditor...

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Third Circuit Holds that Auto Loan Company Did Not Violate Bankruptcy Automatic Stay by Refusing to Return Chapter 13 Debtor Vehicle
Third Circuit Holds that Auto Loan Company Did Not Violate Bankruptcy Automatic Stay by Refusing to Return Chapter 13 Debtor Vehicle

In a ruling which is sure to have future implications, the Third Circuit Court of Appeals, in In re: Denby-Peterson, No. 18-3562 (3d Cir. 2019), that a secured creditor does not have an affirmative obligation under the automatic stay to...

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Chapter 7 Bankruptcy Case Analysis
Chapter 7 Bankruptcy Case Analysis

How a Chapter 7 Trustee may settle (or not settle) claims of a Chapter 7 Bankruptcy Debtor A recent case out of a Bankruptcy Court in Massachusetts highlights some important rights and restraints of a Chapter 7 Bankruptcy Trustee. In...

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What Happens at the First Meeting of Creditors/341a Bankruptcy Trustee Hearing?
What Happens at the First Meeting of Creditors/341a Bankruptcy Trustee Hearing?

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 notice is entitled "First Meeting of Creditors."  For obvious reasons,...

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What Are the Costs of Filing A Bankruptcy?
What Are the Costs of Filing A Bankruptcy?

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 me? I would start by telling anyone looking into filing...

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Should I File a Chapter 13 Bankruptcy?
Should I File a Chapter 13 Bankruptcy?

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 bankruptcy attorney, like Capone & Keefe, so that we can...

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Can Creditors Still Report Negatively on Your Credit After You File for Bankruptcy?
Can Creditors Still Report Negatively on Your Credit After You File for Bankruptcy?

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 that everything is properly reported and there are no creditors...

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The Rewards of the Practice of Bankruptcy Law
The Rewards of the Practice of Bankruptcy Law

People ask me all the time, how did you pick Bankruptcy Law as the basis of your law practice.  It seems like it would be depressing they go on to say.  I don't see it that way. I see the...

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Bankruptcy Myths Debunked, Part 3
Bankruptcy Myths Debunked, Part 3

6.) I can only file for Bankruptcy with my Spouse.   Again not true!  Over the years, we have had more than a few situations where one spouse or the other just refused to file. There are also situations where one...

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Bankruptcy Myths Debunked, Part 2
Bankruptcy Myths Debunked, Part 2

In continuation of my last post, here are additional statements that I hear clients say all the time, that are just not true: 3) I can't file a Bankruptcy, I feel obligated to pay my creditors back:  That's great that...

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