Recent News
Current Monthly Income, What is it ?
When you file bankruptcy, you are required to complete a current monthly budget. This will be performed with your attorney. This budget will be based on your current monthly income and your regular monthly expenses. This current monthly income is more than just...
5 Signs That It May Be Time to File Bankruptcy
Bankruptcy is intended to help honest debtors get a fresh start, but there is no hard and fast rule on who will benefit the most from filing for bankruptcy. These are some of the warning signs that I look for when advising a potential client that it may time to file...
More on Credit Counseling
Reputable credit counselors can advise you on managing your money and debts. They may also be able to develop a plan to repay your debts. But, most credit counselors are not reputable and charge high fees and contributions that will cause you to fall deeper into...
How Bankruptcy Law Defines "Replacement Value"
Certain sections of the Bankruptcy Code or Law will require you to determine the value of your personal property and real property, or real estate. Your attorney will provide you with assistance with this calculation, but your attorney is also required under law to...
Federal Notice Required under 11 U.S.C. Section 527(a)
RULES FOR FILING BANKRUPTCY Notice Required under 11 U.S.C. Section 527(a) If you do not follow these rules you could be subject to Criminal Sanctions including JAIL and FINES. If you do not follow these rules your case will be dismissed and you may not be able to...
A federal judge in Connecticut has barred the Justice Department from using a new bankruptcy law against a lawyer who says the law unconstitutionally bars him from giving sound advice to clients.
http://news.findlaw.com/andrews/bf/bnk/20070316/20070316_zelotes.html