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What is Special About Bankruptcy Procedures in Florida?

Robert Pellegrino | November 16, 2010

Florida actually has one of the better homestead laws, better than any other state.

What is the Difference Between Liquidation and Insolvency?

Robert Pellegrino | November 15, 2010

Having a working knowledge of the differences between “insolvency,” “liquidation,” and “reorganization” is what will make you a true force for creditors to contend with.

Can You Apply the Homestead Exemption to a Mobile Home?

Dickron Bohikian | November 12, 2010

A mobile home does not count as real estate under the Michigan bankruptcy code, because it does not fall into the category of real property.

What Happens to My Retirement Accounts in Bankruptcy?

Dickron Bohikian | November 12, 2010

Most debtors are happy to find out that their tax-sheltered retirement accounts will be protected from creditors when they file for bankruptcy.

What Is a Deficient Pleading?

Dickron Bohikian | November 12, 2010

Luckily, most of these deficiency pleadings are done on purpose as a way of helping late filers buy more time.

Why is an Automatic Stay Important in Bankruptcy?

Dickron Bohikian | November 12, 2010

It could actually be to a debtor's detriment to continue moving forward with any ongoing legal battles while a bankruptcy is also going on.

How Changes in Bankruptcy Law Have Impacted New Yorkers

Paul Johnson | November 10, 2010

There may be upcoming changes to the exemptions in New York since a new law that increases the amount of personal exemptions that filers are ...

Can Filing For Bankruptcy Prevent Me From Getting a Job in Finance?

Paul Johnson | November 10, 2010

Many financial corporations are requiring that job applicants submit information about their personal finances before extending any new job offers.

What Is a Voidable Transfer?

Paul Johnson | November 10, 2010

Making a voidable transfer is not only against the bankruptcy code in New York State, but it could actually get a person's entire case thrown ...

Which Chapter of Bankruptcy Am I Eligible For?

Tate Russack | November 2, 2010

There are quite a few ways to file for bankruptcy, depending on who you are, what kind of business you have, and what you want ...