Recent News
What are Chapter 11 and 12 Bankruptcy ?
Chapter 11 is designed primarily for the reorganization of businesses but is also available to consumer debtors. Its provisions are quite complicated, and any decision for an individual to file a Chapter 11 petition should be reviewed with an attorney. Most Chapter 11...
United States Supreme Court Issues Opinion That Will Now Allow Joint Bankruptcy Petitions to be Filed by Same-Sex Married Couples
So, the US Supreme Court has just ruled, in the case below, that the federal Defense of Marriage Act (aka DOMA) is unconstitutional ... now, if a same sex couple is legally married in a state that recognizes same sex marriage, they can file a joint bankruptcy petition...
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....
How soon will I be eligible for a mortgage after bankruptcy ?
This question is often asked and really is hard to determine, as it really depends on which mortgage company you are dealing with and how they look at your bankruptcy, whether it be a Chapter 7 or Chapter 13. In a recent article published by HSH.com , Julie Flatland,...
Do Lawsuits Continue if You File Bankruptcy ? Casey Anthony will find out soon !
It really depends ! The Casey Anthony bankruptcy case and state court lawsuits against her provide an insight. For almost all situations, a temporary hold, or Stay, is put in place when you file bankruptcy of any type which prevents any court suit from continuing...
Rules for Filing Bankruptcy
Bankruptcy law requires that bankruptcy attorneys share with you the following rules. They are given as a warning and not as an attempt to scare you from filing bankruptcy. Bankruptcy is a right provided to you under Federal Law. These rules are only given to prevent...