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Bankruptcy Law Network - Real Lawyers, Real Solutions (5)

• Is Bankruptcy The Same Everywhere? Part 2

  Posted: July 1st, 2008, 9:58pm PDT by Peter Orville, Attorney at Law

  One year ago, I posted a blog on this website discussing some of the ways that the bankruptcy law was applied differently in different locations throughout the country. In that blog I discussed the fact that states had vastly different exemption laws, and that in some states a debtor in bankruptcy could protect an [...]

• Northern District of New York Bankruptcy Judge Says Unsecured Creditors Must Get Paid Sooner In a Chapter 13

  Posted: July 1st, 2008, 8:31pm PDT by Peter Orville, Attorney at Law

  Under the former bankruptcy law, unsecured creditors in a Chapter 13 were paid only after all secured and priority creditors were paid in full. Under the new bankruptcy law (BAPCPA), Congress imposed a new formula for determining the minimum amount unsecured creditors would be paid in a Chapter 13 for debtors who were above [...]

• Are Social Security And Other Exempt Funds Deposited In Bank Accounts Protected From Creditors? New York Makes Changes

  Posted: July 1st, 2008, 5:50pm PDT by Peter Orville, Attorney at Law

  Each state has their own laws about what funds deposited in bank accounts are exempt and protected from creditor attachment. In New York, while Social Security and other exempt funds are protected, if a person’s bank account contains “co-mingled funds”, the creditor can attach the money deposited in the account. This is a [...]

• There Is Something Happening And You Don’t Know What It Is, Do You, Mr. Jones?

  Posted: July 1st, 2008, 3:49pm PDT by Peter Orville, Attorney at Law

  The most experienced and knowledgeable bankruptcy attorneys try to stay current with the latest bankruptcy court decisions and with the local and national trends that are most affecting their current and potential future clients. To do that, we refer to several sources. One, of course, is keeping current with the postings on bankruptcylawnetwork.com, [...]

• How to Pay for Bankruptcy

  Posted: July 1st, 2008, 8:24am PDT by Däna Wilkinson, Attorney at Law

  It comes up at almost every initial meeting with a prospective client–if I’m bankrupt, how do I pay for bankruptcy? Many folks who worry about paying for bankruptcy, and think they’ll never be able to afford it miss the obvious–if you are going to resolve your debts by filing bankruptcy, you may be able to stop [...]