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Bankruptcy & Student Loan Relief

Will a Discharge Be Revoked If Debtor Accepts Undisclosed EEOC Award?

February 24, 2015March 30, 2023 Mike Shovan

Yes. A Bankruptcy judge in CD of Illinois revoked the Chapter 7 debtor’s discharge pursuant to 11 U.S.C.S. § 727(d)(2) because the debtor knowingly and fraudulently took

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Bankruptcy & Student Loan Relief Financial Tips & Information

How Does the Lack of Uniformity in Laws Affect Mortgage Loan Servicers?

February 24, 2015April 6, 2023 Mike Shovan

As reported by Marcy Ford, Managing Partner of Trott Law PC: Marcy Ford is a managing partner and EVP of Bankruptcy and Firm Operations with

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Bankruptcy & Student Loan Relief

Can a State Court Judgment Establish the Basis for a Non-Dischargeable Claim?

February 24, 2015March 30, 2023 Mike Shovan

Yes. In the WD of NC, a Bankruptcy judge held that a State court judgment based on willful and malicious injury to business partner through

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Bankruptcy & Student Loan Relief

Do You Know the 15 Super Celebrities Who Went Bankrupt?

February 20, 2015March 30, 2023 Mike Shovan

As posted in Entertainment by Nat Berman, here it the list: 1. MC Hammer The flamboyant musician earned $33 million in the early 1990s, but

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Bankruptcy & Student Loan Relief

What is the Status of Lien Stripping in Chapter 7 Cases?

February 20, 2015March 30, 2023 Mike Shovan

As of February 18, 2015, the debtors have filed their brief in the consolidated Supreme Court cases of Bank of Amer. v. Toledo-Cardona, No. 14-163 and Bank

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Bankruptcy & Student Loan Relief

What is the Standard of Regarding the Award of Attorney’s Fees?

February 19, 2015March 30, 2023 Mike Shovan

As reported by Robin Miller of CBAR, a bankruptcy court’s decision regarding an award of attorney’s fees is reviewed for an abuse of discretion. In

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Bankruptcy & Student Loan Relief

How Does a Debtor Establish That case was filed in good faith for purpose of Code § 362(c)(3)(B) to Extend the Automatic Stay?

February 19, 2015March 30, 2023 Mike Shovan

In assessing whether a debtor’s bankruptcy case was filed in good faith for the purpose of Code § 362(c)(3)(B), courts have considered the following non-exhaustive

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