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破產呈請書須務求正確 否則申請可能被撤銷

Bankruptcy petitions must be accurate. If they are not accurate, disch...

10413 08/06/2013

FAILURE TO PRODUCE DOCUMENTS RESULTS IN DENIAL OF BK DISCHARGE

We are talking about a debtor in a chapter 7 case where the U.S. Trust...

9655 08/06/2013

DEFALCATION REQUIRES CONSCIOUS MISBEHAVIOR TO BE EXCEPTED

Defalcation is the misuse of money held in trust by a fiduciary. A fid...

8641 08/22/2013

CREDITOR MUST CLEARLY ESTABLISH LEGAL LIABILITY OF BK DEBTOR

A creditor who claims that debt owed by bankruptcy debtor is not disch...

3703 08/06/2013

VOLUNTARY DISMISSAL OF CHAPTER 13 IS NOT ABSOLUTE

11 U.S.C. SS1307(b) states “on request of the debtor at any time, if t...

7410 08/06/2013

ACCOUNTANT WITH MASTER’S DEGREE DENIED DISCHARGE

If you are a debtor with a master’s degree in accounting, you better m...

7379 08/06/2013

SUPREME COURT DISALLOWS CAR OWNERSHIP EXPENSE DEDUCTION ABSENT CAR PAYMENTS

The U.S. Supreme court finally laid to rest last month any controversy...

10074 08/06/2013

CRYSTAL CATHEDRAL FILES FOR BANKRUPTCY PROTECTION

CRYSTAL CATHEDRAL, the mega-church founded by Rev. Schuller based in G...

10033 08/06/2013

Loan Modification Request Not Legal Ground to Stop Motion For Relief

Nowadays, ever since the anointed one became President and converted A...

6543 08/06/2013

Can truck qualify as homestead if you live in it?

An often repeated joke in bankruptcy involves a debtor who gives up hi...

8312 08/06/2013

BANK PRESIDENT CONVICTED OF BANKRUPTCY FRAUD

The bankruptcy petition must be as accurate as possible, otherwise, de...

8868 08/06/2013

MADOFF CHAPTER 7 TRUSTEE FLEXES TRUSTEE AVOIDANCE POWERS FOR $30 BILLION

Bernard Madoff’s epic Ponzi scheme involved huge transfers of money to...

6567 08/06/2013

JOINT TENANCY IRRELEVANT TO JUDICIAL LIEN AVOIDANCE OF RESIDENCE IN BANKRUPTCY

Finding it difficult to understand the title of this article? Imagine ...

9044 08/06/2013

Inactive open bankruptcy case bad for homestead exemption

What a strange and incomprehensible title for a bankruptcy article? Wh...

9796 08/06/2013

DISORGANIZED FINANCIAL RECORDS MAY RESULT IN DENIAL

Section 727 of the Bankruptcy Code states that “(a) the court shall gr...

8816 08/06/2013