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A123 Bankruptcy Casts Doubts on EV Goals
The theory was that the federal government could guide an entire US electric vehicle (EV) industry into existence by orchestrating a constellation of grants, loans and loan guarantees to manufacturers...
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Indiana man leads effort to help minimize friend’s medical debt
Medical debt can not only add up quickly to ultimately put an individual into a position of extreme financial stress, but additionally it can have long term affects which may be more influential on a...
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Warren Sapp wants to buy property back after bankruptcy
In a previous post we wrote about former professional football player and Dancing with the Stars alum, Warren Sapp filing for Chapter 7 bankruptcy. As a part of that liquidation he, like countless...
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Chapter 11 Bankruptcy Filing Fees to Increase
A provision in the law increases the statutory filing fee for all new Chapter 11 cases to $1,167. The total fee for filing a Chapter 11 case will increase to $1,213 (statutory fee of $1,167 under 28...
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Bankruptcy Court Litigation for In
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St. Louis Bankruptcy Info: Definitions of Common Bankruptcy Terms According...
a debt that accrues before, on , or after the date of the order for relief in a case under this title, including interest that accrues on that debt as provided under applicable nonbankruptcy law...
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Broke New York municipalities have more choices than bailouts or bankruptcy
Yonkers already has crushing taxes, including high property tax rates, an 8.375% sales tax and an income tax surcharge (page 25). There seems to be little space for revenue increases. It is the cost...
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BUYING AFTER BANCRUPCY/ WITH V.A. CERTIFICATION
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View ArticleBankruptcy Basics For the Non
We enjoy educating practitioners and enhancing the practice of bankruptcy law in our community. Since bankruptcy law and its related areas of commercial litigation are highly specialized areas of...
View ArticleTax responsibility when my spouse filed Chapter 13 bankruptcy
If you did not also file bankruptcy, the answer to your question is no. Taxes that you jointly owe may be collected from either one of you and his bankruptcy only protects him from collection action...
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Bankruptcy And Your Credit: The Impacts Of Filing
Always make your loved ones a priority. Going through bankruptcy is a lot of stress. It can be long and drawn out which adds lots of stress and leaves people feeling empty inside. Some people do not...
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Ferry House Restaurant Shut Down by State Department of Taxation (Updated)
The Ferry House owed the State of New Jersey Division of Revenue $162,283 in sales tax for the period from 2006 to 2010, according to bankruptcy court records from a Nov. 8, 2011 filing. The Ferry...
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Mortgage Liens Declared Invalid in Central Illinois Bankruptcy Court
Perfection of a security interest occurs when a secured creditor takes all steps necessary to protect its lien on property against other potential buyers of the property. Perfection renders the lien...
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California poultry producer files for bankruptcy
Zacky Farms, which headquarters in Fresno, cites soaring feed costs as one of the reasons for its financial difficulties. According to court documents, Zacky spends about one-point-eight million...
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Debt Limits in Chapter 13, is it time to File Chapter 11?
In a Chapter 13 case, an individual must have regular income and must owe less than a certain amount of debt in some categories. The maximum amount of secured debt (debt secured by collateral – like...
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NACBA Files Amicus to Protect Social Security Benefits
This holding cannot be reconciled with Congress’s clear intent to protect social security benefits from creditors as evidenced by provisions included in both the Social Security Act and the Bankruptcy...
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What are the consequences of filing for bankruptcy?
You may be able to restore your credit score to healthy levels in as little as two years after filing for bankruptcy, according to Resop, but the filing may still cause you headaches. Even though it’s...
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OCTOMOM BANKRUPTCY IS DISMISSED
Nadya Suleman, now 36, who gave birth to ‘octuplets’ back in January 2009, widely dubbed as ‘OctoMom’ was given so much publicity by the media since she is the second person in the whole of the US to...
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Legal Skills Prof Blog: Bankruptcy Code & Federal Rules of Bankruptcy...
The material and information contained on this blog is for academic and educational purposes only. Titles and institutional affiliation for individuals who contribute to this blog are for...
View ArticleCity Council, the State and Harrisburg Mayor agree, bankruptcy might be the...
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