News Topic: Assets And Property In Bankruptcy

My community was recently rocked by two businesses who were suddenly in Chapter 7 bankruptcy with unhappy clients and customers.    Chapter 7 bankruptcy for business is a very different process than when people file for ... Read full article

Did you ever wonder if you will lose your property if you file bankruptcy?  Can you keep your home, your car, your household goods?  What about your clothes and jewelry? ... Read full article

... Read full article

It doesn’t happen very often, but sometimes a client who needs to file bankruptcy is also in line to receive an inheritance.  Like a lot of things, what will happen to that inheritance in a bankruptcy case depends on the timing. ... Read full article

As our readers may recall, over the years, the members of this network have reported on various celebrity bankruptcy filings and the need for absolute truth in a debtor’s pleadings. ... Read full article

... Read full article

The doctrine of judicial estoppel reared its ugly head again, preventing a chapter 13 debtor from suing his former employer for racial discrimination.  The U.S. Court of Appeals, Eighth Circuit, ruled that a chapter 13 debtor should have amended his ... Read full article

Failure to list assets may make you a liar, liar, pants on fire! ... Read full article

... Read full article

... Read full article

... Read full article

... Read full article