Category Archives: Uncategorized

US bankruptcies resume upward path in 1st quarter

* Consumer filings up 18 pct, business filings up 2 pct
* Nevada has most filings per capita, Arizona filings soar
By Jonathan Stempel
NEW YORK, May 14 (Reuters) - U.S. bankruptcy filings resumed their upward climb in the first quarter, nearly equaling their highest level since 2005, as high unemployment and a still-strained housing market squeezed consumers.
There […]

Queens homeowners sue Chase to gain relief from foreclosure

By Anna Gustafson
Three Queens homeowners filed a lawsuit against JP Morgan Chase Bank Tuesday for allegedly illegally delaying and denying their applications for foreclosure relief.
The Jamaica, Queens Village and Fresh Meadows residents and attorneys from the Urban Justice Center filed the suit in federal court in Brooklyn that alleges the bank refused to provide them […]

Fighting Abusive Debt Collectors

Monica Johnson was being harassed and threatened by debt collectors until she fought back and sued. As Susan Koeppen reports, this is one of many similar cases.
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North East Texas Bankruptcy Lawyer Explains Chapter 7 Bankruptcy

A “Fresh Start” bankruptcy is available in Chapter 7.
Chapter 7 is designed for individuals who are called debtors who do not have sufficient income or property to pay their debts along with ordinary household or business expenses.
Under Chapter 7, individuals domiciled in Texas may choose Texas or Federal exemptions. The exemption laws exist so insolvency […]

SUPREME COURT TO HEAR ISSUE: IN CALCULATING DISPOSABLE INCOME FOR CHAPTER 13 SHOULD COURT CONSIDER ACTUAL INCOME/EXPENSES OR LIMIT INQUIRY TO HISTORICAL FIGURES?

ISSUE: IN CALCULATING DISPOSABLE INCOME FOR CHAPTER 13 SHOULD COURT CONSIDER ACTUAL INCOME/EXPENSES OR LIMIT INQUIRY TO HISTORICAL FIGURES?
Hamilton v. Lanning
Argued: 3/22/10
No. 08-998
Court Below: 545 F.3d 1269 (10th Cir. 2008)
[Summarized by: Cameron Soran]
Full Text:
http://www.scotusblog.com/wp-content/uploads/2009/10/08-998_ca10.pdf
BANKRUPTCY (Whether when calculating the debtor’s projected disposable income during the plan period, the bankruptcy court may […]