May10
If you reside in one of the cities listed below in Collin, Cooke, Denton or Grayson Counties, you must file your bankruptcy case in the Eastern District of Texas, Sherman Division, located at 660 North Central Expressway, Suite 300B, Plano, TX 75074.
Anna
Blue Ridge
Denton
Frisco
Gainesville
Little Elm
McKinney
Plano
The Plano bankruptcy court is in the Wells Fargo Bank building on […]
May08
First, we will start at the legal beginning, the United States Constitution. Article I, Section 8, of the United States Constitution authorizes Congress to enact “uniform Laws on the subject of Bankruptcies.” Next, we had different bankruptcy acts, until 1978 when Congress enacted the uniform Bankruptcy Code in 1978. The Bankruptcy Code […]
By Brian Allen
Tags: Debt Relief Agency, Debtor, Definitions, Fresh Start, Reorganization Plan
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Filed under Automatic Stay, Bankruptcy Basics, Bankruptcy Code, Bankruptcy Trends, Chapter 11, Chapter 13 Bankruptcy, Chapter 13 Plans, Chapter 7 Bankruptcy, Important Terms, Plan Payments
Apr30
April 30, 2009 by senatus Senators have defeated an amendment offered by Senator Dick Durbin (D-IL) to the Helping Families Save Their Homes Act (S. 896) by a vote of 45 to 51. It was subject to a 60-vote threshold. This is the so-called “cramdown” amendment which would allow bankruptcy judges to modify mortgage […]
By Brian Allen
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Filed under Bankruptcy Code, Bankruptcy Trends, Chapter 13 Bankruptcy, Chapter 13 Plans, Chapter 7 Bankruptcy, Debt Collection, Housing Crises, Interest, Of Interest, Plan Payments, The Economy, Uncategorized
Apr18
First and foremost in most people’s minds is they want peace of mind. Yes, the filing of a bankruptcy case will stop the creditors’ harassment. If creditors continue harassing the debtor after his or her bankruptcy case is filed, the creditor can be sued in bankruptcy court for money damages. Most good people need to […]
Apr03
This article is limited to a cram down of an automobile, such as a car or truck in a Chapter 13 bankruptcy case. The Bankruptcy Code in its current version has at least two statutes for Chapter 13 cram downs. The first statute is 11 U.S.C. Section 506. This section allows the debtor […]
