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Planning Your Bankruptcy

April 22nd, 2010

In this third installment of Bankruptcy Facts in Five, we will discuss the importance of properly planning your bankruptcy. While I recognize that sometimes the decision about the timing of a bankruptcy filing is not completely in the hands of the debtor, oftentimes, there are strategic reasons to either accelerate or delay the filing of
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Freezing Foreclosure and Auto Repo with The Automatic Stay

April 22nd, 2010

Now we are going to spend a few minutes discussing a central bankruptcy concept known as the “Automatic Stay”. As we’ve highlighted before, one of the main advantages to the bankruptcy process is an orderly handling of many different creditor claims against the debtor. Ultimately, the system is designed to treat all similar creditors equally.
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President Obama announces plan to help stop foreclosures with changes to bankruptcy laws.

April 22nd, 2010

Hi welcome to a special edition of our facts in five. Today we are going to talk about cram downs and bankruptcy. The reason this is the topic is because recently President Obama has come forward saying that homeowners should be allowed to use bankruptcy in order to cram down or reduce the amount they
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House Compromise Foreclosure Bill Moves Ahead

April 22nd, 2010

The House of Representatives has worked out a compromise on the bankruptcy provisions of the foreclosure Bill proposed by President Obama. In the original proposal, bankruptcy judges would have had the power to revise mortgage terms in a Chapter 13 bankruptcy proceeding. The bankruptcy term is a “cramdown provision”, since it allows the debtor to
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Bankruptcy Attorney Jon Frutkin on KFNN 1510 Financial News Radio

April 22nd, 2010

Phoenix bankruptcy attorney Jonathan Frutkin answered questions about bankruptcy on KFNN 1510 Financial News Radio. During KFNN’s Business for Breakfast, Mr. Frutkin discussed GM and Chrysler’s recent bankruptcies with hosts Ken Morgan and Julie Dougherty. In light of the prominence of bankruptcy in the news on a daily basis, the interview also covered consumer bankruptcy
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Bankruptcy Attorney Jon Frutkin on KFNN 1510 Financial News Radio

April 22nd, 2010

Phoenix bankruptcy attorney Jonathan Frutkin answered questions about bankruptcy on KFNN 1510 Financial News Radio. During KFNN’s Business for Breakfast, Mr. Frutkin discussed GM and Chrysler’s recent bankruptcies with hosts Ken Morgan and Julie Dougherty. In light of the prominence of bankruptcy in the news on a daily basis, the interview also covered consumer bankruptcy
Read More »