Supreme Court Ruling on Bankruptcy

A recent US Supreme Court decision in Harris v. Viegelahn addresses a bankruptcy issue faced by many who convert their cases from a Chapter 13 bankruptcy to a Chapter 7 bankruptcy case. In a Chapter 13 bankruptcy, debtors are committed to a repayment plan where they pay back a portion (or all) of [...]

2018-08-23T16:57:39+00:00 June 29th, 2015|Categories: Bankruptcy|Comments Off on Supreme Court Ruling on Bankruptcy

Adversary Proceedings in Florida Bankruptcy Cases

In consumer bankruptcy filings, sometimes individuals and companies are faced with an adversary proceeding within their filed bankruptcy case. This proceeding is a lawsuit that is related to the bankruptcy case but is filed separately. A bankruptcy adversary proceeding can be filed by a creditor to object to the discharge of a particular [...]

2018-08-23T16:58:01+00:00 June 16th, 2015|Categories: Bankruptcy|Comments Off on Adversary Proceedings in Florida Bankruptcy Cases

Eliminating Second Mortgages in Chapter 7 Bankruptcy Cases

The United States Supreme Court ruled unanimously on Monday, June 1 that you can no longer eliminate a second mortgage debt in a Chapter 7 bankruptcy case with a motion to value the property that is being mortgaged. This decision changes what has been previously been bankruptcy law in the Florida. Now, Florida [...]

2018-08-23T16:58:26+00:00 June 10th, 2015|Categories: Chapter 7 Bankruptcy Cases|Comments Off on Eliminating Second Mortgages in Chapter 7 Bankruptcy Cases