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Tag: Chapter 7 Bankruptcy

  • PUERTO RICO & BANKRUPTCY

    PUERTO RICO & BANKRUPTCY

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    The island of Puerto Rico is officially a Commonwealth of the United States. Puerto Ricans are citizens of the United States who share many of…

  • ITT TECH: AN EPIC FAILURE ON MANY LEVELS

    ITT TECH: AN EPIC FAILURE ON MANY LEVELS

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    Many people in the United States would be surprised to learn that the profit motive in “higher education” is not something that just magically appeared…

  • 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…

  • 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…

  • 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,…

  • 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…

  • COPYRIGHTS IN BANKRUPTCY

    COPYRIGHTS IN BANKRUPTCY

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    Under bankruptcy law, copyrights and patents are considered assets.  An author of a book who has copyrighted such book or a songwriter who has copyrighted…

  • HOW DO I FILE FOR BANKRUPTCY?

    HOW DO I FILE FOR BANKRUPTCY?

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    How do I file for bankruptcy is a common search term on Google and other search engines.  If one files either a Chapter 7 Bankruptcy…

  • BANKRUPTCY CHAPTER 11

    BANKRUPTCY CHAPTER 11

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    From Clearwater, Florida comes a question from John J.  What is Chapter 11 Bankruptcy?  I have a small business, wish to retain my business, and…

  • Bankruptcy Attorney Fees

    Bankruptcy Attorney Fees

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    Bill Putnee from Lakeland, Florida asks, what are the attorney fees or costs of hiring a bankruptcy attorney.  This is a common question asked by…