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Insolvency Service “reframes” view of creditor – IPs can apply their discretion (UK)

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CHAPTER 7 - CAN I KEEP THE DOG HOUSE?

If you have lived in Texas two (2) years prior to the date you filed your Chapter 7 bankruptcy (or plan on filing) you are entitled to use Texas Law to determine what property you get to keep. That means you may either use the property that is

BANKRUPTCY COURT LEVELS PLAYING FIELD WITH IRS

Dealing with the Internal Revenue Service is a scary proposition, especially if you owe them money. The Bankruptcy Court is one of the tools a taxpayer has at his/her disposal in dealing with "the tax man" in a variety of situations. The Bankruptcy

QUALIFY FOR CHAPTER 7 GETS EASIER - MEANS TEST REVISED 3/15/2009

The " Means Test" is part of the bankruptcy code which determines if you qualify for a Chapter 7 or a Chapter 13 Bankruptcy. A Chapter 13 Bankruptcy also determines your disposable income. Disposable Income is the amount of money you have to pay out

Illinois farmer's wife sentenced to probation following guilty plea

Updating a story we reported here, Margaret Diekemper was sentenced to two years of probation and a $500 fine for her role in a bankruptcy fraud scheme in the Southern District of Illinois following a plea agreement reached with the government last

Illinois farmer's wife sentenced to probation following guilty plea

Updating a story we reported here, Margaret Diekemper was sentenced to two years of probation and a $500 fine for her role in a bankruptcy fraud scheme in the Southern District of Illinois following a plea agreement reached with the government last

Illinois farmer's wife sentenced to probation following guilty plea

Updating a story we reported here, Margaret Diekemper was sentenced to two years of probation and a $500 fine for her role in a bankruptcy fraud scheme in the Southern District of Illinois following a plea agreement reached with the government last

Credit After Bankruptcy?

My general rule of thumb is a person will be able to obtain a credit card on reasonable terms after two (2) years of your bankruptcy discharge. Now you can acquire an FHA loan to buy a house after two (2) years from your bankruptcy discharge. Take

A New Amendment to the Bankruptcy Code - Maybe?

According to multiple sources, including the American Bankruptcy Institute and the National Association of Consumer Bankruptcy Lawyers, efforts to amend the bankruptcy code to allow bankruptcy judges to modify home mortgage including reducing the

Mortgage Companies & Banks Lobby Against Amending The Law

It has been said that if you tell a ‘story' often enough over a long enough period of time, sooner or later people will become to believe the ‘story' to be the truth regardless of how outrageous it is. This is exactly what has happened concerning the

Gay Couples and Chapter 13 Bankruptcy

Gay couples, especially those that are in a long term relationship, present a unique set of problems when it comes to seeking relief under Chapter 13 of the Bankruptcy Code. Gay couples in a long term relationship usually hold the majority of their