5th Circuit Court’s Interpretation Continues to Moot 363 Appeals

Admin on November 25, 2022 Posted in Bankruptcy Law, Blog

Recent decisions from the United States Court of Appeals for the Fifth Circuit and the corresponding lower bankruptcy courts have highlighted the Circuit’s expansive interpretation of the Bankruptcy Code’s Section 363(m), which guards bankruptcy sales. Hence, the sales are not subsequently overturned on appeal.  In a September opinion in the case of In re Royal, the District […]

Growing Split Among Circuit Courts About Exculpation Under Chapter 11

Admin on November 18, 2022 Posted in Bankruptcy Law, Blog

Countless Chapter 11 reorganization plans include provisions acknowledging the release of claims connected to stakeholders in bankruptcy cases. Excluded from this, however, are claims that allege various types of misconduct like bad faith, gross negligence, or fraud. These exculpatory statements are a valuable tool in motivating parties to play a role in bankruptcy cases without […]

Tips on Navigating Marriage and Bankruptcy 

Admin on September 10, 2020 Posted in Blog, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, General Bankruptcy

Many people look at marriage as one of the momentous events in their life. If you or your fiancee is struggling with debt and debating whether to file bankruptcy, however, your situation can easily turn into a confusing one. You might even be wondering whether it is a good idea to file for bankruptcy or […]

What to Ask Your Lawyer Before Filing for Bankruptcy

Admin on November 22, 2019 Posted in Blog, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy

Financial difficulties can leave you uncertain about what to do next. While bankruptcy is one of the best ways to take control of your finances, the bankruptcy process can be complex and intimidating for many, which is why the assistance of an experienced bankruptcy lawyer is necessary.    There are several important questions to ask […]

Recover From Bankruptcy in Eight Easy Steps

Admin on April 15, 2019 Posted in Blog, General Bankruptcy, Rebuilding Credit

Rebuilding your credit score and financial situation after navigating bankruptcy can seem like an impossible task. It is common to worry that filing for bankruptcy will have a negative impact on your credit score and will prevent you from fulfilling your long term goals. By creating a recovery plan after bankruptcy, however, it is possible […]

Senior Bankruptcy

Admin on October 12, 2018 Posted in Blog, General Bankruptcy

A recent report finds that the number of seniors aged 61 to 74 filing for bankruptcy has tripled over the last several years. The report states that this is a dangerous trend and that the rising costs of healthcare play a significant role in the bankruptcy uptick. These statistics may also be suggesting a greater […]

Glitz and Bankruptcy

Admin on May 24, 2018 Posted in Blog, General Bankruptcy

California has long been known for its glitz. It is the home of the stars; the weather is incredible, along with the palm trees, the beaches, etc. It is also a destination for the wealthy to have second homes. In fact, a significant number of current and former professional athletes call California home. A recent […]

Prisoner’s Dilemma

Admin on February 4, 2018 Posted in Blog, General Bankruptcy

Prisoner’s dilemma is a subset of game theory wherein the police arrest two men and accuse those men of being involved in the same crime. The police separate the men and place them in different prison cells so that each defendant does not know what the other defendant is telling the police. The men, now […]

Bankruptcy Set-off

Admin on May 18, 2017 Posted in Bankruptcy Law, Blog

The United States bankruptcy code provides the honest debtor with the ability to attain a fresh start. Provided that a debtor meets all applicable rules and standards of bankruptcy, he or she can first stop collections through the automatic stay and upon completion of the bankruptcy process, be discharged of debts owed. The automatic stay […]

The Intersection of Family and Bankruptcy Law

Admin on May 6, 2017 Posted in Bankruptcy Law, Blog

The devastating effects of divorce often intersect with bankruptcy law. Couples who reside together share certain costs, like housing, food, bills, and more. When people split and go their separate ways, such expenses are not shared, leading to an increase cost of living expenses. This increase intensifies financial stress, wherein the parties have increased living […]