Category: Law
Chapter 9 Bankruptcy: Hartford, Detroit, et al
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The mayor of Hartford, Connecticut, Luke Bronin has been intimating for a number of months that the city may need to file Chapter 9 bankruptcy. Chapter 9 bankruptcy is a form of bankruptcy where a municipality can seek to reorganize its debts, and arrange such debts in a reduced payment over a period of years.…
CHAPTER 7 BANKRUPTCY TREATMENT OF SECURED PROPERTY
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STATEMENT OF INTENTIONS IN BANKRUPTCY In a Chapter 7 bankruptcy, the debtor must complete and sign a form called the Statement of Intentions. The Statement of Intentions indicates which of the available options the debtor chooses towards his or her secured property. The primary examples of secured property are an automobile loan or a mortgage…
Toys R Us, The Retail Apocalypse And Mitt Romney’s Bain Capital
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2017 has been a particularly bad year for many of the nation’s retailers. On September 19, Toys R Us announced its filing of Chapter 11 Bankruptcy. Chapter 11 Bankruptcy is a form of bankruptcy wherein a corporation (or an individual whose debt exceeds certain monetary thresholds) seeks the reorganization of its debt through the mechanism…
ALTERNATIVES TO BANKRUPTCY
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What are some alternatives to filing bankruptcy, asks John W of Clearwater, Florida. The bankruptcy attorneys and counselors at Weller Legal Group are experienced and knowledgeable in not only bankruptcy law and its procedures, but additionally in the numerous alternatives to bankruptcy. Our law offices offer many alternatives to bankruptcy. Credit card debt and other…
BANKRUPTCY LAWYERS FOR LOW INCOME
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The search term bankruptcy lawyers for low income is one of the main selections one finds when typing in the keyword bankruptcy attorney or bankruptcy lawyer. This suggests that a significant portion of those seeking a bankruptcy attorney or bankruptcy lawyer, either consider themselves of low income or are seeking representation in bankruptcy, but have…
The Architects Of Your Enslavement (Part II of III)
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The Housing Collapse Of 2005 Part II of III The Bush Administration simply followed the lead provided by its Predecessors. With the elimination of Glass Steagall, the easy money kept flowing. Ian Greenspan kept the Interest Rates low. The Bush Administration mostly ran interference against any form of oversight, or actively encourage irresponsible Lending. In…
The Architects Of Your Enslavement (Part I of III)
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Bill Clinton, Bush, Bankers and Servicers, Et Al Part I of III Bill Clinton, during his tenure as President of the United States, signed numerous pieces of Legislation that ultimately lead to the Housing Bubble and its eventual rupture, and the loss of millions of homes by some homeowners, and the reduction of the values…
ADVICE TO LAW STUDENTS WHO WANT TO BE A BANKRUPTCY ATTORNEY
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ST PETERSBURG, FLORIDA LAW STUDENT MIKE PARSONS QUESTION FOR BANKRUPTCY LAWYER I am a Law Student who wishes to study Bankruptcy Law and practice as a Bankruptcy Attorney. Do you have any advice as to how I should proceed? Thank you, Mike Parsons of St Petersburg, Florida for your question. While in my second year…
BORN IN THE USA OR KENYA OBAMA IS NOT ELIGIBLE TO BE PRESIDENT
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OBAMA IS NOT A NATURAL BORN CITIZEN BECAUSE HIS FATHER WAS A FOREIGN NATIONAL 9/19/16 Much controversy has been raised since the ascent of the Obama Presidency and recently with the reintroduction by presumably, Hillary Clinton’s Campaign and Operatives, of the “birtherism” issue whether Mr. Obama was born in the United States. The fundamental question…
BANKRUPTCY AFFECT ON EMPLOYMENT
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BANKRUPTCY ATTORNEY QUESTION FROM BRANDON, FLORIDA Igor B of Brandon, Florida asks: “will filing Bankruptcy affect either my present or future employment?” Bankruptcy Code Section 525(a) or as it is properly known, 11 USC 525(a) states that no Governmental Unit may deny, revoke, suspend or refuse to renew a license, permit, franchise, or deny employment…
BANKRUPTCY ATTORNEY QUESTION FROM LAKELAND, FLORIDA: WHO IS JAY WELLER?
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Charles K Reed of Lakeland, Florida writes, who is Jay Weller? Jay Weller is an Attorney who primarily practices Bankruptcy Law. Mr. Weller graduated from the University at Buffalo in 1990 and from the University of Akron Law School in 1993. In Law School, the majority of Mr. Weller’s elective courses were in Bankruptcy Law…
Chapter 7 Bankruptcy In 982 Words
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Chapter 7 Bankruptcy is so named because it is a form of Bankruptcy that is formed under Chapter 7 of the United States Bankruptcy Code. The United States Congress gains its authority to create and change the Bankruptcy Laws through the specific grant of the United States Constitution. Any revisions to the United States Bankruptcy…