chapter 13

Scarcity of Money? Or Time?

02/16/15

How is it that I never find the time to blog? My answer would be that I simply do not have the time. But of course I have the same hours in a day as my co-bloggers. I could argue that I have more demands on my time, but I know very well that we are all busy. Scarcity, a book by Sendhil Mullainathan and Eldar Shafir, has many lessons for busy people, including those of us who are busy thinking about the difficulties faced by people who have a scarcity of income or disposable income after debt. 

[more]

When Not to File for Bankruptcy - 12 More Examples

11/18/14

chapter 7 and chapter 13 bankruptcy attorney11. Eviction - to buy a few more days  
1. Urban Legend - doing it inappropriately because "everybody at work did it"

[more]

When Not to File for Bankruptcy

11/13/14

Filing for bankruptcy is actually a very serious step and, unless properly approached, may lead to unfortunate consequences. Bankruptcy is filed in a U.S Bankruptcy Court - a Court that actually has so much power that it can actually stop the U.S. Supreme Court from acting - let alone virtually almost all Court in the entire United States  and in theory possibly any Court in the world.

[more]

(305) 891-4055 -

11/13/14

(305) 891-4055 - Free Initial Consultation - Office: Kendall - Aventura - Jordan E. Bublick - 25 Years Experience - www.bublicklaw.com

[more]

Do Debtors or Creditors Get Undisbursed Chapter 13 Plan Payments Upon Conversion? -- A New Circuit Split

07/11/14

Chapter 13 trustees handle millions of dollars in plan payments every year. At some point in likely a sizable portion of cases, the trustee accumulates these payments instead of distributing the funds to creditors. What happens if a debtor's case is converted while the trustee has this accumulated money in its account? In 2012, the 3rd Circuit, in a majority opinion, held that the trustee must return the funds to the debtor (see decision here).

[more]

Larry Summers' Attempt to Rewrite Cramdown History

06/08/14

Larry Summers has a very interesting book review of Atif Mian and Amir Sufi's book House of Debt in the Financial Times. What's particularly interesting about the book review is not so much what Summers has to say about Mian and Sufi, as his attempt to rewrite history. Summers is trying to cast himself as having been on the right (but losing) side of the cramdown debate.

[more]

Stop Mortgage Foreclosure by Filing for Mortgage Modification

04/10/14

In many cases, you can stop a mortgage foreclosure by filing for a mortgage modification under the HAMP program. The application for a mortgage modification can be filed directly with the mortgage lender or was part of a chapter 13 bankruptcy you may file. If you are on the eve of a foreclosure sale, I would probably be best to file a chapter 13 bankruptcy in order to insure the stopping of your foreclosure sale.

[more]

No Discharge of Unsecured Debt for Non-Filing Co-Debtors

01/23/14

By: Carly S. Krupnick

St. John’s Law Student

American Bankruptcy Institute Law Review Staff

 

[more]

No Discharge of Unsecured Debt for Non-Filing Co-Debtors

01/23/14

By: Carly S. Krupnick

St. John’s Law Student

American Bankruptcy Institute Law Review Staff

 

[more]