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 Bankruptcy, Chapter 11 Bankruptcy or Chapter 13 Bankruptcy, the Bankruptcy...
Bankruptcy Court Holds Consumer Debtor’s Wages, Garnished Within 90 Day Period Prior to Filing Chapter 7 Bankruptcy, Are a Preference A recent decision, Tower Credit, Inc. v. Schott (In re Jackson), 2017 U.S. App. LEXIS 4369, is highlights one...
When a bankruptcy petition is filed, a debtor must sign a Declaration Concerning Debtor’s Schedules which states: “ I declare under penalty of perjury that I have read the foregoing summary and schedules, consisting of __ sheets, and that they...
In the Matter of Santiago-Monteverde, what appeared to be a simple Chapter 7 Consumer Bankruptcy, was ultimately decided in the Debtor’s favor of by the United States Second Circuit Court of Appeals. Its decision was based upon the advisory opinion...
Filing a Chapter 7 or Chapter 13 Bankruptcy petition can be ‘good medicine’ for those who are experiencing serious debt problems. However, many who would benefit from filing a bankruptcy petition instead attempt to resolve their debt problems by means...
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