2013-03-06
In In re Pamela Persaud, case No. 12-43602-CEC, US Bankruptcy Court, EDNY, February 4, 2013 involved the Means Test, the presumption of abuse and what expenses can be deducted in calculating the Means Test.
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2013-03-03
Pension money that is in a tax qualified pension plan such a Roth or IRA may be kept in a chapter 7 personal bankruptcy, provided that it does not exceed $1,171,650.
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2013-03-03
In New York a debtor can file bankruptcy and keep 1 car that has no more than $4,000 of equity.
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2013-02-06
One spouse can file for bankruptcy without the other joining in the process, or even consenting to it. There are many instances where a couple would only want only one spouse to file.
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2013-02-06
One spouse can file for bankruptcy without the other joining in the process, or even consenting to it. There are many instances where a couple would only want only one spouse to file.
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2013-02-04
A lender’s entitlement to a make-whole premium, that is, a prepayment penalty designed to compensate the lender for the loss of interest payments it would have received had the borrower continued to service the debt through the maturity date of the l
Read More from: Bankruptcy and Restructuring Law Monitor
2013-02-04
A lender’s entitlement to a make-whole premium, that is, a prepayment penalty designed to compensate the lender for the loss of interest payments it would have received had the borrower continued to service the debt through the maturity date of the l
Read More from: Bankruptcy and Restructuring Law Monitor
2013-01-23
Your IRA Might Not Be Exempt Beginning with In re Daley, 459 BR 270 (Bkcy.
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2013-01-23
Your IRA Might Not Be Exempt Beginning with In re Daley, 459 BR 270 (Bkcy.
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2012-12-18
The Automatic Stay afforded to repeat (or serial) Chapter 13 filers has long been a thorn in the side of the mortgage industry, as each successive Chapter 13 filing resurrects the Automatic Stay and prevents the mortgage lender from completing their
Read More from: Hayward, Parker, O'Leary & Pinsky
2012-12-18
The Automatic Stay afforded to repeat (or serial) Chapter 13 filers has long been a thorn in the side of the mortgage industry, as each successive Chapter 13 filing resurrects the Automatic Stay and prevents the mortgage lender from completing the
Read More from: Hayward, Parker, O'Leary & Pinsky
2012-09-25
Under New York bankruptcy law (In re Boodrow) a debtor does not have to sign a Reaffirmation Agreement for a mortgage on real estate.
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2012-09-25
Under New York bankruptcy law (In re Boodrow) a debtor does not have to sign a Reaffirmation Agreement for a mortgage on real estate.
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2012-08-30
It is clear that a tax debt is not dischargeable in bankruptcy if a return for the year in question is not filed. See 11 USC § 523 (a)(1)(B)(i).
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Purchasers of Bankruptcy Claims Beware: "Disabilities" of Purchased Claims Could Limit Your Recovery
2012-08-02
Josef Mintz
Read More from: Bankruptcy Law Watch