• Valuation of Assets in Bankruptcy

    Valuation of Assets in Bankruptcy

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    Valuation of property or assets in bankruptcy is an important element of any bankruptcy, including Chapter 7 and Chapter 13 bankruptcy. The proper standard of…

  • Bankruptcy Waiting Periods

    Bankruptcy Waiting Periods

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    CHAPTERS WAITING PERIOD 7 TO 7 8 YEARS FROM PREVIOUS FILING 13 TO 13 2 YEARS FROM PREVIOUS FILING (CASE MUST BE CLOSED) 7 TO…

  • Florida Homestead Exemption

    Florida Homestead Exemption

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    The State of Florida provides a homestead exemption which is designed to protect persons from the attachment or seizure of their places of residence by creditors….

  • Chapter 9 Bankruptcy: Hartford, Detroit, et al

    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 7 BANKRUPTCY TREATMENT OF SECURED PROPERTY

    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…

  • Toys R Us, The Retail Apocalypse And Mitt Romney’s Bain Capital

    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…

  • Taxes and tax liens in bankruptcy

    Taxes and tax liens in bankruptcy

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    WHEN TAXES MAY BE DISCHARGED IN BANKRUPTCY This article discusses the treatment of taxes due to the Internal Revenue Service (IRS). Income taxes due to…

  • Hurricane Irma And Bankruptcy

    Hurricane Irma And Bankruptcy

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    By Jay Weller Natural disasters and hurricanes and bankruptcy filings within affected areas are intuitively correlative.  One would expect that the economic and property damage…

  • TAX REFUNDS IN BANKRUPTCY

    TAX REFUNDS IN BANKRUPTCY

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    The treatment of tax refunds is a popular issue in bankruptcy.  Income tax refunds are commonly considered to be part of the bankruptcy estate.  Therefore,…

  • DOMESTIC SUPPORT OBLIGATIONS BANKRUPTCY

    DOMESTIC SUPPORT OBLIGATIONS BANKRUPTCY

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    Another important exception to bankruptcy is domestic support obligations.  Domestic support obligations are not discharged in bankruptcy and are therefore referred to as an exception…

  • EXCEPTION TO DISCHARGE IN BANKRUPTCY FOR INTENTIONAL TORTS

    EXCEPTION TO DISCHARGE IN BANKRUPTCY FOR INTENTIONAL TORTS

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    Bankruptcy Code Section 523(a)(6) prevents a debtor from obtaining the discharge of any debt for “willful and malicious injury by the debtor to another entity…

  • ALTERNATIVES TO BANKRUPTCY

    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…