Bankruptcy Blogs

Are you kidding

05/01/12

Are you kidding me? Based on facts you recited, C7 BK would help you. see a BK attorney in your jurisdiction ASAP.

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Debit Interchange Post-Durbin: Some Early Numbers

05/01/12

The Fed released some data on debit interchange fees since the Durbin Amendment went into effect (here in spreadsheet and here as a memo with more data). It's all still very early numbers, and things may well change. But so far a few noteworthy things have caught my eye:

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Don’t Get Fired By Your Bankruptcy Attorney

05/01/12

Lets be honest about one thing, the paperwork requirements for preparing a bankruptcy case are significant. It is very much like filing a tax return in terms of the detail required. Speaking of tax returns, see to it that all the returns that are due are filed before you meet with Bankruptcy Counsel. We are [...]

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IRS Beats Debtor to the Punch; Assessed Taxes Not Dischargeable

05/01/12

Filing timely tax returns is key if you wish to discharge tax debt in bankruptcy It is possible to discharge income tax debt in bankruptcy, however, not all taxes are eligible and timing plays a very important role. If you’re anticipating tax troubles on the horizon, it is always best to go ahead and file [...]

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Florida Mortgage Foreclosure and Liability

05/01/12

A topic of much concern is liability in a residential mortgage foreclosure in Florida.

In the origination of a typical residential mortgage transaction, there are two instruments - the promissory note and the mortgage. The promissory note documents the actual terms of borrowing and the mortgage provides for a lien on the real property to secure the debt of the promissory note.

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Will 'Say on Pay' Votes Prompt Firms to Listen?

05/01/12

Is the tide shifting in favor of giving shareholders a greater voice in the critical arena of executive compensation, and will this extend to other areas of corporate management?

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Bankruptcy Dismissed: Is that a bad thing?

05/01/12

“Angie” filed a bankruptcy a couple years ago with some other lawyer.  Her case was “dismissed.”  She emailed me yesterday, looking for a lawyer she could “trust.”

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Can I be Denied a Job Because of Bankruptcy? The Answer May Hinge on Whether Your Employer is Public or Private

05/01/12

I Need to File Bankruptcy, But I’m Worried About My Job… If you have a job, need to file bankruptcy, and are worried about getting fired because of it, you probably shouldn’t be. The bankruptcy code prevents employers from firing you just because you have filed for bankruptcy. However, if you are a job seeker, [...]

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Mortgage Warehouse Lending Is Safer Than Many Bankers Think

05/01/12

Don't think of this business as residential lending. It's really a low-risk form of asset-based lending.

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