A recent case decided by the Ninth Circuit Court of Appeals can have a wide effect on bankruptcy cases filed in Arizona. The trustee who represents the creditors can still liquidate non-exempt property after the entry of discharge.
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 Read More »
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. Read More »
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 Read More »
Today, in our second edition of Bankruptcy Facts in Five, we are going to discuss the two types of consumer bankruptcy. Because we are lawyers, we always have to call everything by non-descriptive legalese names. So we have Chapter 7 bankruptcy and Chapter 13 bankruptcy, referring to the particular chapter within the federal bankruptcy code Read More »
Welcome to the first installment of our Facts In Five, a five minute or less audio program designed to help educate you about bankruptcy. Our first episode is Facts In Five: An Overview of Bankruptcy. I hope that you find it helpful. I have also included a copy of the transcript below if you would Read More »
Our website has a great deal of information about bankruptcy for you. We provide the "Facts in Five" podcast to users of this site and through iTunes. Our podcast and blog is dedicated to providing in-depth information about bankruptcy and developments in bankruptcy law. Each update on the blog can be read or listened to in five minutes or less.