Recent News
Do I have to list property in bankruptcy that I "inherited" ?
When consulting with a bankruptcy attorney, it is very important to share with the attorney a complete listing of all the "real property" that is owned. This may seem very easy and straightforward. Often, we have folks that forget to tell us about real property that...
The Mysterious Case of the “Lili Lin” Lien
In distinguishing Marrama , the USSC, in a decision authored by Justice Scalia, again limits the power of the bankruptcy courts in a decision announced yesterday in Law v. Seigel This case involves alleged debtor fraud in the form of a purported sham mortgage held by...
Does a bankruptcy case automatically remove liens against a debtor’s property?
No. Liens can be placed on a debtor’s property in many different ways. Some are by agreements, like mortgages and auto liens. Others are by operation of the law, like property tax liens on a debtor’s home. And some liens are to enforce judgments that have been entered...
Do creditors have you cornered ?
Don't stress ! Although bankruptcy cases can be complex, many of the procedures and cases are routine. Before filing a bankruptcy case, you or your attorney should analyze your eligibility for different forms of debt relief available under the Bankruptcy Code and...
Can Bankruptcy Help With Back Taxes Owed to the IRS ?
Yes ! It can ! It is very important to discuss with your bankruptcy attorney all of your debt owed to the Internal Revenue Service. Take to your attorney all papers you have received from the IRS. Discuss with your attorney all conversations you have had with the IRS....
Can I discharge a payday loan in bankruptcy ?
Many of our clients have debt with companies or businesses commonly called “payday” lenders or “check advance” loan companies. These companies operate by loaning money to folks and holding a persons written check to help guarantee that you will pay them. For example,...