ABI Blog Exchange

One spouse can file for bankruptcy without the other joining in the process, or even consenting to it. There are many instances where a couple would only want only one spouse to file.

A lender’s entitlement to a make-whole premium, that is, a prepayment penalty designed to compensate the lender for the loss of interest payments it would have received had the borrower continued to service the debt through the maturity date of the l

Your IRA Might Not Be Exempt Beginning with In re Daley, 459 BR 270 (Bkcy.

Per www.globalinsolvency.com:

The Automatic Stay afforded to repeat (or serial) Chapter 13 filers has long been a thorn in the side of the mortgage industry, as each successive Chapter 13 filing resurrects the Automatic Stay and prevents the mortgage lender from completing their

Under New York bankruptcy law (In re Boodrow) a debtor does not have to sign a Reaffirmation Agreement for a mortgage on real estate.

It is clear that a tax debt is not dischargeable in bankruptcy if a return for the year in question is not filed. See 11 USC § 523 (a)(1)(B)(i).

Linor Shohet

Last week the United States Bankruptcy Court for the Southern District of New York handed down a ruling granting the motion of the United States Trustee to transfer venue in prepackaged Chapter 11