Bankruptcy Blogs

Disclose, Disclose, Disclose For Successful Bankruptcy

09/25/11

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 [...]

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Michele Bachmann is more fun than Sarah Palin

09/25/11

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 [...]

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In re: Iftikhar, No. 10-54579 SLJ (Bankr. ND Calif., March 15, 2011). Companion Blog

09/24/11

In Chapter 13 bankruptcy, you may be able to ask the court to lower the amount that you owe on a mortgage.  Actually, it is slightly more complicated than that, but it boils down to the same thing. If you have a mortgage that you owe more on than your home is worth, the court [...]

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Preference Complaints Filed in the Velocity Express Bankruptcy

09/24/11

Earlier this month, James Carroll in his capacity as the "Wind Down Professional" for the Velocity Express bankruptcy, began filing preference actions against various defendants.  As alleged in the preference complaints, Carroll was appointed as Velocity's Wind Down Professional under a "Wind Down Order" entered by the Delaware Bankruptcy Court in July of last year.  At the time it filed for bankruptcy, Velocity was a package delivery (aka "logistics") provider whose services included customer bulk shipments, pick-up and delivery services as well as &

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Preference Complaints Filed in the Velocity Express Bankruptcy

09/24/11

Earlier this month, James Carroll in his capacity as the "Wind Down Professional" for the Velocity Express bankruptcy, began filing preference actions against various defendants.  As alleged in the preference complaints, Carroll was appointed as Velocity's Wind Down Professional under a "Wind Down Order" entered by the Delaware Bankruptcy Court in July of last year.  At the time it filed for bankruptcy, Velocity was a package delivery (aka "logistics") provider whose services included customer bulk shipments, pick-up and delivery services as well as &

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Should You be Concerned About a “Poison Pen” Letter?

09/24/11

Your bankruptcy filing can stir deep emotions.  More than a few times, I have received calls from individual (as opposed to corporate) creditors who, after receiving a bankruptcy notice, have called me to express their displeasure that my client is seeking to discharge a debt.  Sometimes these folks will appear at your 341 hearing to [...]

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