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As Chapter 11 Bankruptcy Filings Surge, Here’s What Creditors Need to Know to Protect and Enforce Their Rights

Fraser

Whenever a business or individual receives a notice from a United States Bankruptcy Court indicating that a business they have had dealings with has filed a chapter 11 bankruptcy petition, the clock starts ticking, and they should be aware of the following timeline, and key events and milestones that may affect their rights.

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What Happens If I Get a Job After Filing Chapter 7?

Sawin & Shea

In this blog, we take a close look at ways Chapter 7 bankruptcy affects future or current employment. If you have additional questions, we encourage you to read our online articles about filing bankruptcy. What Is Chapter 7 Bankruptcy? Chapter 7 is often referred to as liquidation bankruptcy.

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Debtors Must Have Intent to Return When Claiming Homestead Exemption Over Vacated Property

ABI

Anderson ( In re McKee ), the United States Court of Appeals for the Ninth Circuit (the Court) upheld a denial of a homestead exemption because the Debtor had no intention of returning to the home, even though the Debtor contended that returning was impossible given abuse from her former partner. [1] 23] First, in Moss v.

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Circumventing the Subjective: Why Courts have held that the Objective Establishment of a Ponzi Scheme is Sufficient to Establish Mens Rea

ABI

Johns University School of Law American Bankruptcy Institute Law Review Staff In Kirkland v. 7] To achieve this type of financial fraud, the Pressmans consistently shift[ed] money from lenders to pay other lenders[,] in what is commonly known as a Ponzi scheme. [8] Rund ( In re Epd Inv. 1] Jerrold S. LLC (EPD). [2] LLC (EPD). [2]