Monthly Archives: June 2012

Big changes are ahead for New Hampshire bankruptcy court with judge and clerk slated to retire

By doug | Published: June 18, 2012

The New Hampshire Bar News is reporting that the state’s only bankruptcy judge is planning to retire in March, 2013. Moreover, the clerk of court has announced that he too, will retire in November, 2012. The court will probably not be rudderless, however, as the First Circuit court in Boston, charged with hiring New England’s […]

Posted in Bankruptcy News | Comments closed

Octomom files for bankruptcy — and her case is quickly dismissed

By doug | Published: June 15, 2012

A couple of years ago, I wrote a tongue in cheek post here indicating that the “Octomom” — Nadya Suleman, a California mother of fourteen, including octuplets from fertility treatments, might soon be in bankruptcy court, as she was having trouble staying current on her mortgage. The prophecy came true in April 2012, when, faced […]

Posted in Bankruptcy News, Foreclosure | Comments closed

Court rules that debtors can strip off liens with a Chapter 7 bankruptcy case

By doug | Published: June 14, 2012

Consumers in Georgia and Florida got a big boost from the Eleventh Circuit Court of Appeals in Atlanta (left) recently, when that court became the first appellate level body to approve — and the first to even discuss — lien-stripping in Chapter 7 bankruptcy. The topic has caused controversy among bankruptcy judges for decades. The […]

Posted in Bankruptcy News, Chapter 7, Secured loans | Comments closed

The Massachusetts bankruptcy court has been aggressively dismissing cases

By doug | Published: June 13, 2012

Here’s a heads-up call for Massachusetts debtors who have filed a bankruptcy case recently, are thinking about filing pro se, and for other Massachusetts bankruptcy lawyers: The bankruptcy court has been very vigilant recently in dismissing cases the very first chance they get — especially when all the paperwork has not been filed on time. […]

Posted in Practical tips | Comments closed

When consumer bankruptcy laws let you lower your car payments — and when they don’t

By doug | Published: June 11, 2012

Is it really possible that filing a bankruptcy case could reduce your car or truck loan, in addition to any other benefits? The short answer is “yes, but.” Yes, but there are many restrictions that stand in the way of a debtor that wants to try this. First off, filing a Chapter 7 case won’t […]

Posted in Chapter 13, Secured loans | Comments closed

Massachusetts bankruptcy court slices claim based on usury laws

By doug | Published: June 4, 2012

Since bankruptcy lawyers work all day in the world of debt and shady loans, you would think they would come across violations of the usury laws, concerning illegally high interest rates, all the time. You would be wrong. For some reason, although millions of people file bankruptcy every year, invocations of state usury law is […]

Posted in Real estate, Secured loans | Comments closed
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