by John Rogers | May 27, 2009 | Uncategorized
I get this question frequently in my office. I found a recent blog post by Attorney Peter Orville of New York that explains it very well: http://www.bankruptcylawnetwork.com/2009/04/30/if-chrysler-can-file-bankruptcy-why-cant-i/
by John Rogers | May 26, 2009 | Uncategorized
In its next term, the Supreme Court will decide the case of Schwab v. Reilly, USSC Docket No. 08-538, which will resolve an important issue related to debtors’ exemption rights in bankruptcy. The case involves the bankruptcy petition of Nadejda Reilly. Reilly ran her...
by John Rogers | May 26, 2009 | Uncategorized
The National Association of Consumer Bankruptcy Attorneys was formed in 1992 to: Ensure that the voices of consumer debtors and their attorneys are heard in the halls of Congress, the Judiciary and other arenas affecting consumer debtors; and Help consumer bankruptcy...
by John Rogers | May 21, 2009 | Uncategorized
…As set out in the Bankruptcy Code, 11 USC Section 527(a) : Rule #2 Everthing you own and every debt you owe must be completely and accurately disclosed in the documents filed to commence this case. Bankruptcy is not a “pick and choose”...
by John Rogers | May 19, 2009 | Uncategorized
The Senate passage was expected, but it took a coalition led by Banking Chairman Chris Dodd. The Senate has easily passed a major crackdown on credit card companies, agreeing to impose strict new rules on interest rates, fees and other controversial billing...
by John Rogers | May 19, 2009 | Uncategorized
U.S. credit card defaults rose in April to record highs, with Citigroup and Wells Fargo posting double digit loss rates, as the recession slashed more than 2 million jobs since the beginning of the year.
Citigroup (C) a big issuer of MasterCard cards—reported its...
