Baseball Great Lenny Dykstra Accused of Bankruptcy Fraud It’s important to point out that Lenny Dykstra has only been accused of bankruptcy fraud. He has not pled guilty, he has not been convicted. Too often, we hold the criminal accused guilty in the ... Read full article
When you receive a “discharge” under bankruptcy it means that you are no longer liable for your debts. This means you don’t have to pay them and a creditor cannot come after you anymore. However, there are some debts which are considered “nondischargeable” ... Read full article
In the majority of bankruptcy initial consultations I have conducted, I hear the same story. This story is about someone who has fallen on financial hard times. Many times, this story involves the person recounting me about how they are paralyzed by the ... Read full article
Too much debt! Phones ringing off the hook! Debt collectors are hiding out in the shrubbery behind the house. The debtor finally files for bankruptcy. A bankruptcy estate is created. A trustee is appointed with a fiduciary duty to creditors, the trustee ... Read full article
An article today first appearing in the New York Times suggests that congressional aides are exploring the possibility of legislation that would allow states to file for bankruptcy protection. You can read a summary of the article here. The bankruptcy ... Read full article
Typically, chapter 7 bankruptcy cases last between three and four months from the date the case is filed. The preparation for a chapter 7 bankruptcy case can be anywhere between one day and many months depending on a number of factors, including attorneys ... Read full article
You may have heard: a bed bug epidemic is sweeping the country and few places have it worse than New York City. Seemingly everyone in the Big Apple has a bed bug story and don’t kid yourself; the infestations aren’t limited to the “less desirable” parts of ... Read full article
Understandably, a typical bankruptcy client fears that they will lose most of their property if they file for bankruptcy. For my Atlanta bankruptcy clients, the good news is that a substantial portion of your real estate, personal property and retirement ... Read full article
“I am an old man and have known a great many troubles, but most of them never happened.” Mark Twain To be sure, stress is a constant for many of us in this fast paced, high tech day and age. Pressure and anxiety are an expected part of many professions, ... Read full article
Most of my Atlanta bankruptcy clients become concerned when they learn that they will have to make at least one Court appearance after filing their Chapter 7 or Chapter 13 bankruptcy case. I am able to put most clients’ minds at ease by advising this ... Read full article
22,000 people per month search the term “Bankruptcy New York” on Google When searching for just about anything, Google is often the first place people turn. The search for bankruptcy attorneys is no exception. A staggering 22,000 people per month search ... Read full article
Traditionally, large commercial real estate loans have been non-recourse, meaning lenders can look only to their collateral in the event of a default. Increasingly, lenders are implementing contingent personal guarantees into loan agreements which bring a ... Read full article
Sticking with our recent theme in blog entries, we decide to touch on reaffirmation agreements this week. Debtors who file a Chapter 7 bankruptcy in Arizona, and owe money on their house or car, are virtually certain to run across one or more of them. ... Read full article
No doubt you have heard the terms “unsecured” and “secured” creditors? But what do these terms really mean? In reality, the concepts are quite simple. First off, a creditor is generally someone who is owed money. A common example is when you take out a ... Read full article
