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Bankruptcy Filings are down 10% from last year. Is this really proof the economy is getting back on track? 5 Oct 2011 | 05:09 am
Here is a link to an article from Fox news that talks about the reduction of BK filings in 2011. Does this signal an upturn in the economy? In my opinion, no. Only time will tell!
Motion for Relief from Automatic Stay is Denied in Central District California 2 Oct 2011 | 02:04 pm
IT IS POSSIBLE TO CHALLENGE THE ALLEGED CREDITORS MOTION FOR RELIEF FROM THE AUTOMATIC STAY IN BANKRUPTCY COURT IN CALIFORNIA Here is a copy of an email sent to us by the California Central District ...
Memorandum of Points and Authorities in opposition of motion to lift the automatic stay in bankruptcy court 1 Oct 2011 | 08:08 pm
ATTORNEY PLEADING TO FIGHT THE LIFTING OF THE BANKRUPTCY AUTOMATIC STAY ON STANDING AND REAL PARTY IN INTEREST GROUNDS Here is one trick lenders and loan servicers like to do in bankruptcy court. Th...
Hot Dog – Los Angeles Dodgers seek to reorganize! 4 Jul 2011 | 05:55 am
Another bankruptcy filing by a major Corporation, this time the Los Angeles Dodgers (my favorite team as a kid). Yes, it seems somewhere during the 7th inning stretch, the Dodgers need to file for Ch...
Saab seeks bankruptcy protection – GM (the parent company) asks for more bailout money. The beat goes on. 4 Jul 2011 | 05:38 am
SAAB seeks bankruptcy protection – Seems many different types of companies are seeking bankruptcy protection. It is a sign of the time. More information about foreclosure and bankruptcy issues can b...
Monk is not Bunk – Failure to Defend Proof of Claim means no secured lien in Chapter 13 19 May 2011 | 11:03 am
Monk Packs a Punch! There was an interesting case out of Oregon Bankruptcy Court. The case is Monk v. LSI Title Company of Oregon (In re Monk), 2011 WL 212381 (Bankr. D. Ore. Jan. 21, 2011). In thi...
Realty Executives, Phoenix Real Estate Firm Files Chapter 11 Bankruptcy 4 May 2011 | 09:44 am
Yes, as we have talked about, the bad economy is hitting every business and now it is Realty Executives in Phoenix filing for Chapter 11 bankruptcy Protection. You can read about the Realty Executive...
What is a re-affirmation agreement in a Chapter 7 bankruptcy? 29 Mar 2011 | 01:14 pm
Many people file for chapter 7 bankruptcy protection. One thing that happens when you are in bankruptcy is the creditors may seek to get you to “re-affirm” your debts with them. For example, your ca...
What happens if you don’t qualify for either Chapter 7 or Chapter 13 bankruptcy? 29 Mar 2011 | 01:01 pm
Check before you file bankruptcy when you don’t qualify! After the amendments to the bankruptcy code in 2005 (“BAPCA”), it became tougher for some people to qualify to file for bankruptcy protection....
The Bad economy hits everyone – Borders Books files Chapter 11 Bankruptcy and seeks to close stores 29 Mar 2011 | 12:45 pm
Citing too much competition from online retailers, Broders books is the latest to file for Chapter 11 Bankruptcy protection. Why aren’t they too big to fail? Where is their bailout? Guess only havi...
