Archive | June, 2012

CAN YOU KEEP YOUR CAR OR HOUSE IN BANKRUTPCY?


BANKRUPTCY 06/26/12 KEEPING YOUR HOUSE AND CAR AFTER A CHAPTER SEVEN BANKRUPTCY. People often ask whether they can keep their home and car in a Chapter Seven Bankruptcy. The answer is yes but you will still be liable for the debt. In a Chapter Seven Bankruptcy the debtor turns over all assets that are non- exempt. […]

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6th Circuit 06/21/12, posted by FLINT BANKRUTPCY ATTORNEY,WHAT HAPPENS TO FRAUDSTERS 1/4 MILLION FOUND BURIED IN A GOLF COURSE IN BANKRUPTCY


Bankrutpcy information posted here by Flint Bankruptcy attorney Terry R. Bankert 810-235-1970. Flint Lawyer Bankert offers additional information at http://www.attorneybankert.com. The full court opinion follows. ***** UNITED STATES COURT OF APPEALS FOR THE SIXTH CIRCUIT _________________ UNITED STATES OF AMERICA, Plaintiff-Appellee, v. A.WILLIAM ERPENBECK, JR., Defendant, and MICHAEL L. BAKER, Trustee in Bankruptcy for A. […]

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FLINT WATCHERS


I read about a Flint Community group that sent members to monitor the Court Proceedings of an person arrested for armed robbery for home invasion. That sends several powerful messages to the Court, the police and the community. Would this be a benefits to encorage city wide involvement. Mothers Against Drunk Driving became a powerful […]

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FLINT DIVORCE ISSUES, LUMP SUM PAYOUTS OF DEFINED BENEFIT PENSION PLAN


Lump sum payouts of defined benefit plan pensions. FYI-Flint Divorce Bankruptcy Attorney Terry R. Bankert 235-1970, http://www.attorneybankert.com asks DID YOU KNOW?.From Creative QDRO and EDRO Update By Nancy Keppelman, Stevenson Keppelman Associates, Ann Arbor. Both GM and Ford have announced that they will begin allowing certain participants in their salaried defined benefit pension plans to […]

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Can I qualify for a Chapter Seven Bankruptcy 235-1970


DOES IT MATTER WHAT YOUR SPOUSE SPENDS MONEY ON TO QUALIFY FOR A CHAPTER 7 BANKRUPTCY IN FLINT? Your Consumer bankruptcies under Chapter 7 of the Bankruptcy Code give you the debtors a discharge from most unsecured debts, provide for an automatic stay against collection efforts on those debts, and permit debtors to have a […]

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FLINT BANKRUPTCY DISCHARGING A 1099-C TAX OBLIGATION


Will Bankruptcy stop a 1099-C? Will Bankruptcy negate a 1099-C issued When you stop paying commercial debts the creditor has the right to file a 1099-C for the cancellation or forgiveness of a debt. Bankruptcies are a special case and will stop the issuance of a 1099-C. The theory is that the amount on a […]

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