General Information About Bankruptcy Law

Penalties for Bankruptcy Fraud

04/30/22

April 2022 saw courts dish out two big penalties for Bankruptcy Fraud. In April 2022, over in the UK, former tennis great Boris Becker was sentenced to two-and-a-half years in prison for bankruptcy fraud: hiding $3 million in assets during his case. Becker had landed bankruptcy in the UK back in 2017, because of a […]

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Bankruptcy, short sale, debt forgiveness tax and the fiscal cliff

12/08/12

The 2007 Mortgage Forgiveness Tax Relief Act expires December 31, 2012.   That’s one of the tax cuts, put in place when George Bush was president, that are about to expire.  This one may force more people to file bankruptcy.

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After Bankruptcy: Why did Bank of America Forgive My Second Mortgage?

10/29/12

Lots of people, in current or recent bankruptcy, are getting letters from Bank of America forgiving their second mortgages.

What’s going on?

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Does bankruptcy help with inherited debt?

04/03/11


“Do I need to file bankruptcy on inherited debt?”

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