What is a bankruptcy fraud?

18 USC Section 157 provides for a criminal fine, imprisonment of up to five years, or both, for any person who, “having devised or intending to devise a scheme or artifice to defraud and for the purpose of executing or concealing such a scheme or artifice or attempting to do so” files a bankruptcy petition [...]

Ask your attorney what Plan is good for you? Don’t just sign the dotted lines

I have met many clients who filed bankruptcy with other more aggressive bankruptcy attorney (the one who tout low rates) but does shoddy jobs. In many cases, these debtors should not have filed bankruptcy in the first instance because they attorneys could not safeguard their non exempt assets. For starters, the exempt assets are those [...]

What is the role of a Bankruptcy Trustee?

As we know that in every case of chapter 7 or chapter 13, a trustee is appointed by the US trustee. If there is an estate, there shall be a trustee. The trustee’s basic role is to represent the interests of the unsecured creditors. The trustee’s duties in carrying out this role are provided in [...]

What Exactly is a Creditors Committee in Ch. 11?

Creditors’ committees can play a major role in chapter 11 cases. The committee is appointed by the U.S. trustee and ordinarily consists of unsecured creditors who hold the seven largest unsecured claims against the debtor. 11 U.S.C. § 1102. Among other things, the committee: consults with the debtor in possession on administration of the case; [...]

What to do when you are swimming in debts?

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Finally, good news about housing market in Nevada

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How bankruptcy handles Home Retention?

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Can you represent yourself in Bankruptcy?

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Can student loans be discharged via bankruptcy?

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Debts Which Cannot Be Discharged Via Bankruptcy

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