Category: Chapter 13

Do not Keep a Home Purchase a Secret During Bankruptcy

Do not Keep a Home Purchase a Secret During Bankruptcy

For the ordinary person who sees a home he/she likes, s/he may let a real estate agent know to begin the purchase process, and conclude by signing their name in

November 18, 2011
Chapter 13 Trustee

Chapter 13 Trustee

When an individual files a Chapter 13 petition in New York, a trustee is appointed by the court to administer the bankruptcy case. With the electronic filing of bankruptcy petitions

November 5, 2011
LLCs and Bankruptcy

LLCs and Bankruptcy

For the business owner who has a lot of debt but can’t pay, creditors may threaten legal action against the owner personally. How much creditors collect depends on how an

September 28, 2011
New York Chapter 13 Confirmation Hearing

New York Chapter 13 Confirmation Hearing

In Chapter 13 bankruptcy, after the debtor attends a 341 creditors’ meeting, and the bankruptcy plan is filed, the next hearing is the confirmation hearing where the court approves the

September 13, 2011
Bankruptcy Players

Bankruptcy Players

In a bankruptcy case, creditors are individuals and businesses a debtor owes money to. Different types of debts take different priorities in getting paid off. Secured debts have to be

July 30, 2011
Business Bankruptcies in New York

Business Bankruptcies in New York

Westlaw News & Insights reported on February 17, 2011, that Starr & Company LLC and Starr Investment Advisors LLC filed for Chapter 7 bankruptcy in the cases Re Starr Investment

April 2, 2011
Bankruptcy: Why and When to File

Bankruptcy: Why and When to File

The prospect of declaring bankruptcy can be a promising one, chock full of the possibility of erasing certain financial obligations, finally having peace at home without the incessant ringing of

March 3, 2011
Bankruptcy Trustee in New York

Bankruptcy Trustee in New York

In New York, when a person files Chapter 7 or Chapter 13, the court appoints a bankruptcy trustee who administers the debtor’s bankruptcy estate. The trustee may be a government

February 16, 2011

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