BankruptcyLawNetwork

Natural disasters have recently destroyed countless homes and uprooted huge numbers of individuals and families.  When the flood/hurricane/tornado/wildfire is over you focus on the destruction to your home, car, and business.  You concentrate your concerns on whether or not you should rebuild, and on how to put your family’s life back together. In upstate New [...]

Sometimes a  strategy causes more harm than good.  Many long-accepted Missouri bankruptcy exemptions have become uncertain or been lost due to one such case.  This is the story of how one strategy blew up to create dangerous  uncertainty for consumers. Bankruptcy exemptions dictate what stuff is protected from a bankruptcy trustee.  As allowed by federal [...]

If your bankruptcy attorney is a member of the National Association of Consumer Bankruptcy Attorneys [NACBA] chances are that attorney participates in a list service discussion of issues along with other bankruptcy attorneys across the country.  The NACBA list allows member attorneys to share practice tips and discuss emerging trends. A recent discussion illustrates the [...]

When it comes to payment plans for Chapter 7 cases, all fees and costs must be paid before the case is filed. At first glance, this may disappoint you, but most people it’s not a problem. The payment plan period usually overlaps with the pre-filing process. In other words, you and your lawyer need time [...]

Unfortunately there is a growing problem of lenders that are refusing to take possession of vehicles surrendered in bankruptcy. We see this not only with motor vehicles but we are also seeing this occasionally in housing. Because of low values some lenders are unwilling to to foreclose to the detriment of the neighborhood. The lender [...]