Bankruptcy Basics

What Happens to My Inheritance in Bankruptcy?

12/02/16

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.

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Eastern District of North Carolina Issues Order in Wake of Hurricane Matthew

10/14/16

hurricane-floodinghttp://www.bankruptcylawnetwork.com/wp-content/uploads/Hurricane-Floodin... 539w, http://www.bankruptcylawnetwork.com/wp-content/uploads/Hurricane-Floodin... 620w" sizes="(max-width: 300px) 100vw, 300px" />The Bankruptcy Court for the Eastern District of North Carolina has issued an order est

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Chapter 7 Can Be a Disaster Without a Good Bankruptcy Attorney

07/16/16
Don't Let This Be You!

Willy Stöwer, 1912

Chapter 7 is the chapter under the Bankruptcy Code that most consumers file. It is seen as simple, fast, and, by some, “just filling out a few forms.”

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“How Is My Chapter 13 Plan Payment Determined?”

06/16/16

man asking holding question markThe most important thing my Chapter 13 clients want to know is how much their Chapter 13 Plan payment will be. They ask this question at our initial meeting, before their case is filed, and during the period before their Chapter 13 Plan is confirmed. Of course. It is probably the most important factor in whether their case will be a success.

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How Chapter 13 Stops a Pending Mortgage Foreclosure

06/06/16

Chapter 13 is widely known as the fastest and most effective legal action you can use to stop a foreclosure – even a foreclosure scheduled for the next few days.

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Timing in Bankruptcy Cases

04/21/16

As in lots of things, timing can be everything.  Timing is important in music, comedy, athletics, you name it.

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What is a Medical Bankruptcy?

04/02/16

Stethoscope and money symbol for health care costsMedical bankruptcy is a made up term.  It is often used by non-lawyers to describe the primary reasons behind their financial downfall.   It is a very real situation but not recognized as a special category of insolvency by the legal system.

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Truth or Consequences: The Department of Justice in Bankruptcy Court (updated for 2016)

03/05/16


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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.

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