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Bankruptcy & Student Loan Relief

Can a Debtor Avoid a Lien under Code § 522(f) on Debtor’s Contingent Future Interests in Property?

February 14, 2015March 30, 2023 Mike Shovan

No. As reported by Robin Miller of CBAR, the Chapter 7 debtor could avoid, under Code § 522(f), a creditor’s judgment lien on homestead property

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Bankruptcy & Student Loan Relief Estate Planning

Is the Sale of Property under Code § 363(f) Limited to Property of the Estate?

February 14, 2015March 30, 2023 Mike Shovan

Yes. As reported by Robin Miller of CBAR, following the confirmation of the Chapter 13 debtor’s plan, the property of the estate revested in the

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Bankruptcy & Student Loan Relief

Does the Increase in the Value of an Asset considered income in a Chapter 13 Case?

February 14, 2015March 30, 2023 Mike Shovan

As reported by Robin Miller of CBAR, any increase in the cash surrender value of the Chapter 13 debtor’s life insurance policy was neither income

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Bankruptcy & Student Loan Relief

Can a Chapter 13 Debtor Treat an Equitable Mortgage (Land Contract) as a Mortgage Claim?

February 14, 2015March 30, 2023 Mike Shovan

According to Robing Miller of CBAR, under Illinois law, a quitclaim deed given to the mortgage lender by the debtor prepetition in connection with a

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Financial Tips & Information

What is the Fair Debt Collection Practices Act?

February 12, 2015April 6, 2023 Mike Shovan

The Fair Debt Collection Practices Act (FDCPA) was passed in 1977 to protect consumers from improper tactics and other abuses used by debt collectors. The

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Bankruptcy & Student Loan Relief

NACBA FILES AMICUS BRIEFS IN 2 SUPREME COURT CASES

February 3, 2015March 30, 2023 Mike Shovan

As reported by the National Association of Consumer Bankruptcy Attorneys, NACBA filed amicus briefs on Monday in two pending Supreme Court cases: Harris v. Veigelahn and Bullard v. Blue Hills Bank. The

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Financial Tips & Information

THE 7 SECRETS TO STOP THE TAX SALE OF YOUR HOUSE

February 3, 2015April 6, 2023 Mike Shovan

WARNING: ADULT CONTENT & ACTION REQUIRED If you owe the 2012 real estate taxes on your house, you must take immediate action as follows: 1.

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