by CEF | Jan 11, 2017 | CFPB, General, Seniors, Student Loans
On January 5, 2017, the Consumer Financial Protection Bureau (“CFPB”) released a report on the complaints from older student loan borrowers about the servicing practices of the lenders. According to the report, older borrowers who are struggling to make...
by CEF | Jan 11, 2017 | Chapter 13, Chapter 7, General
Doubling your bankruptcy exemptions — is it double the trouble or double the good? What does it all mean? Doubling bankruptcy exemptions means that you and your spouse can each take the full allowed amount of the exemption on the same piece of property, so long...
by CEF | Jan 11, 2017 | Chapter 11, Chapter 7, Recent Court Decisions
In a recent memorandum and decision posted on the SDNY bankruptcy court’s website (December 22, 2016) the court denied a debtor’s motion for a stay pending appeal of an order approving the sale of a million-dollar apartment. On May 22, 2012, the debtor,...
by CEF | Jan 11, 2017 | Chapter 11, Recent Court Decisions
The bankruptcy court judge in the AOG Entertainment case — the company that runs, among others, the popular American Idol and So You Think You can Dance television contest shows — recently published on its website an interesting memorandum decision on...
by CEF | Jan 10, 2017 | Chapter 13, Chapter 7, General
Married couples can choose to file for bankruptcy jointly or individually. Whichever option you choose depends on the amount of property you own, whether your debts are joint debts or individual, and the laws of your state. If only one spouse has debt, that spouse...
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