Can Debtors File Joint Bankruptcy Petition If One Spouse Is In Prison?

Posted by Levi Templeton | No Comments

A woman called me to ask whether she and her husband could file bankruptcy while her husband was in prison. The woman is concerned about her husband’s inability to attend the trustee meeting. She said her husband could not initiate phone calls, and that the state will not transport him to a bankruptcy meeting or hearing. This woman said another bankruptcy attorney previously told her that she and her husband could not file bankruptcy until her husband was released permanently or on parole. I disagree.

Bankruptcy courts have been making it more difficult for debtors to avoid appearing at trustee meetings. For instance, medical excuses must be documented, and it is insufficient for one debtor spouse to simply show up with a power of attorney from the non-appearing spouse. <

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Grand Chase Hacks new download link [Upda.flv

Posted by Alana Renard | No Comments

DOWNLOAD LINK filesmy.com filesmy Links (Help Oli use filesmy) How To Download? We have decided to protect the file with a gateway lock, meaning that you have to fill in a short survey. The surveys are free and only take a couple of minutes. We hope that this new gateway will limit the number of downloads to only people who really want to use it. 1. Click the Download button above to go to Download Page. 2. On download page, Select Regular Download. A survey will appear to verify that you are a human and not a bot. 3. Once you fill the survey, the download will start, just Save it to your desktop and do the instructions as explained above.

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Does bankruptcy help with inherited debt?

Posted by Levi Templeton | No Comments

“Do I need to file bankruptcy on inherited debt?”

In my twenty years as a bankruptcy lawyer, I’ve been asked about bankruptcy and inherited debt maybe four or five times.

Someone’s mother or father passed away, leaving nothing but credit card and medical bills.  What to do?  Does bankruptcy help?  Most people know that you don’t need to file bankruptcy–because you can’t inherit debt in America. I never thought I’d need to talk about it in my bankruptcy blog.

(Unless you were already a co-signer, collectors cannot come after you for the bills of your mother or father.   At least they shouldn’t.)

So I was surprised by a news release posted on the internet March 31, 2011.  Debt collector Phillips & Cohen brags

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Amidst Creditors’ Doubts of its Reorganization Plan’s Viability, Claims Filing Deadline Set for Borders Group’s Creditors

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New York Bankruptcy Judge Martin Glenn entered an order on Friday which set deadlines for creditors to file proofs of claim against Borders Group, Inc. and its affiliates for claims arising before the companies’ February 16, 2011 bankruptcy filings.  Last Wednesday, Borders reportedly offered certain large creditors, including publishers, a preview of the plan that it believes will lead it out of bankruptcy and back to profitability by the end of this year.  According to the New York Times, at least some publishers were not impressed with Borders’ plans, describing them as “unrealistic.”  The New York Times article also reported that the same publishers left the meeting “more convinced than ever” that Borders would not be successful in reorganizing as a stand-alone company.

Judge Glenn’s Friday order requires creditors of the bankrupt entities to file proofs of claim for claims arising before the February bankruptcy filing no later than June 1, 2011 at 5:00 p.m. (E Read full post…

WSJ digits: Dish, Icahn Make Bids for Blockbuster

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Major Battle Brewing Over Transwest Resort Properties’ Use of Cash Collateral

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A dispute with large potential implications on the chapter 11 cases of Transwest Resort Properties, Inc. and its affiliates was revealed on Friday in documents filed in the U.S. Bankruptcy Court for the District of Arizona.  On Friday, the companies’ senior lender, JPMCC 2007-C1 Grasslawn Lodging, LLC, filed a notice of two debtors’ default under the bankruptcy court’s second interim order authorizing their use of JPMCC’s cash collateral and the resulting termination of those debtors’ right to use JPMCC’s cash collateral.  The two debtors, Transwest Tucson, LLC and Transwest Hilton Head, LLC, are the owners of two resorts - the Westin La Paloma Resort and Country Club in Tucson, Arizona and the Westin Hilton Head Resort and Spa in Hilton Head, South Carolina.

The senior lender also filed an application asking that the debtors be held in contempt of court for violating the terms of the court’s second interim cash collateral order and also asking the bankruptcy court to appoint a chapter 11 trustee for the debtors.  In t Read full post…

Learn The Facts On Personal Debt Collection

Posted by Alana Renard | No Comments

It occurs all of the time. You loan a chum or relation some cash with the guarantee that they will pay you back in 1 or 2 weeks. That week passes, then another one and soon a few months have passed with not a payment in sight. These personal loans have ruined many friendships and many family relationships. Personal debt collection is something nobody wants to think about. You should not have to fret about private debt collection from a buddy or relation. You do not need to annoy them but you want your cash. You lent them that money out of the goodness of your heart and they have misused your trust. This leaves many feeling angry, hurt and betrayed. Nonetheless you have got a few selections when it comes to private debt collection. Some are nice and some, sadly, aren’t so nice. B

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Chapter 13 Debtor Opposition To Late Filed Unsecured Claim

Posted by Levi Templeton | No Comments

Chapter 13 bankruptcy cases have claim deadlines by which date the debtor’s creditors are supposed to file claims in order to be included in the roster of creditors entitled to distributions of money out of the Chapter 13 plan. I represent a debtor who prior to filing owed money to a law firm which represented him in a pre-bankruptcy legal matter. Three months after the Chapter 13 claim deadline the law firm filed an unsecured claim.

The first question is whether or not the debtor cares if an unsecured creditor files a late claim. If a debtor is paying all of their disposable income into a plan, but the plan will not pay 100% of unsecured claim, then a late claim does not change the amount of the debtor’s monthly plan payment or total payments under the plan. No harm no foul. If

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Review: Credit Card Nation: The Consequences of America’s Addiction to Credit

Posted by Alana Renard | No Comments

The Lowest Price we could find is $18.00 $1.40

A fascinating and timely chronicle of Americas tortured relationship to moneyand the future crisis that looms as a result of our overwhelming reliance on credit.

Credit-card debt is choking American prosperity off at the neck. In Credit Card Nation, Robert D. Manning tells a fascinating story about the present and future consequences of credit dependence across all strata of U.S. society. Through extensive interviews with consumers, Manning talks to debtors, and to average Americans, affected by what Manning describes as our credit card nation: an American juggernaut of indebtedness that spans personal, corporate, and governmental debt.

No interest for one year!

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Before bankruptcy: Can I go to jail if I ignore this summons?

Posted by Levi Templeton | No Comments

Around 100,000 people a year get arrested because they owe unpaid bills and ignore a court paper.  Does this happen in Virginia.  Yes!

I’m a Virginia bankruptcy lawyer.  About one-third of my clients don’t come to see me until the sheriff brings court papers to their door.

Then it’s panic time!  Here are questions people ask.

“What do these papers mean?”

“Is it too late to file bankruptcy? ”

And the big question, “Can I go to jail?”

First the good news.  In case you didn’t learn this in school, debtor’s prison was abolished in America in the 1830?s. You can’t go to jail for not paying your debts.

You can’t get arrested for not paying your bills. You can get arrested for ignoring court papers.

Here’s the bad news.  You can get arrested for not appear

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