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Category archive for ‘Bankruptcy Practice Management’ rss

    Jay S. Jump is mentioned in Lawyers Weekly

    by Jay Jump on 3/11/10 | 1 Comment(s)

    As a result of a former blog entry on this website, Jay S. Jump, an attorney in Washington State, and a contributor to the National Bankruptcy Forum, was interviewed for Lawyers Weekly USA on the Milavetz decision handed down by the Supreme Court earlier this week.
    Click here to read the article.

    Debt Buyer Practices

    by Jay Jump on 3/11/10 | 0 Comment(s)

    Initially, let me explain what a debt buyer is.
    A debt buyer is a company or individual who purchases note paper. When you purchase a home, or a car, you sign a promissory note. This promissory note is what entitles the creditor to collect money from you for payment on the loan. Read more>>

    Where to File a Chapter 7 Bankruptcy

    by Richard Stokan on 3/08/10 | 0 Comment(s)

    A bankruptcy case must be filed in the federal district where the debtor has maintained his residence or principal place of business “for the one hundred and eighty days immediately preceding such commencement, or for a longer portion of such one-hundred-and-eighty-day period.” 28 USC 1408. In laymen’s terms, the case must be filed in the bankruptcy Read more>>

    Several Eastern District of Michigan Bankruptcy Judges to Participate in Continuing Legal Education Seminar About Consumer Bankruptcy Issues

    by Drew Broaddus on 3/05/10 | 0 Comment(s)

    On February 8, 2010, the U.S. Bankruptcy Court for the Western District of Michigan (which covers Grand Rapids, Kalamazoo, Lansing, Traverse City, and Marquette) posted a notice on its website regarding an “Institute for Continuing Legal Education Seminar” to take place April 19, 2010 in Plymouth, Michigan.  The notice (available here) indicates that the featured Read more>>

    Why you need to file bankruptcy. . .

    by Jay Jump on 3/04/10 | 1 Comment(s)

    You can villify me later. For now, I need you to read and get some perspective. Pay attention because we’re going to move fast.
    You need to file for bankruptcy.
    Let me say it again for those of you who are still shaking your head.
    YOU NEED to file for bankruptcy!
    There, I gave you a little emphasis to Read more>>

    Eastern District of Michigan’s Chief Bankruptcy Judge to Participate in Roundtable Discussion About Chapter 7 Bankruptcy Issues

    by Drew Broaddus on 2/19/10 | 1 Comment(s)

    On February 17, 2010, the U.S. Bankruptcy Court for the Eastern District of Michigan (which covers Detroit, Bay City, and Flint) posted a notice on its website regarding “A Late Afternoon Roundtable Discussion” to take place on Wednesday March 10, 2010 in Southfield, Michigan.  The notice (available here) indicates that the discussion will be moderated Read more>>

    Jointly Owned Property May Be Subject To Forced Sale In Bankruptcy

    by Richard Stokan on 2/15/10 | 1 Comment(s)

    It is not unusual for debtors, specifically married debtors who file for bankruptcy protection separately, to co-own property. If you co-own property and intend to file for bankruptcy, you need to be aware that the trustee has the authority to force a sale of the entire asset including the co-owner(s) interest. See 11 USC 363(h). Read more>>

    Random Bankruptcy Audits

    by Richard Stokan on 2/08/10 | 1 Comment(s)

    Since 2006, debtors filing for bankruptcy protection have been subject to random audits. As part of the reforms of the Bankruptcy Abuse and Prevention Consumer Protection Act of 2005 (BAPCPA), Congress required random audits to verify the accuracy and completeness of debtors’ bankruptcy filings.  28 USC 586(f).  The targets are randomly selected and average approximately Read more>>

    You have to name it to claim it!

    by Jay Jump on 2/03/10 | 0 Comment(s)

    I just filed a case where we listed a potential FDCPA claim in my client’s bankruptcy schedules. She had been harassed by a debt collection agent who had left an inappropriate voicemail on my client’s answering machine. It was heard by people who were beyond the scope of FDCPA communication and it was Read more>>

    Legal Research for your iPhone, iPod Touch and new iPad !

    by John Rogers on 1/30/10 | 0 Comment(s)

    Today, legal publisher Fastcase has announced that they have released the world’s first legal research app, available for the iPhone, iPad, and iPod Touch according to PRWeb.
    The app will be the largest law library on the iPhone, available as a free download, and will allow free searching of the company’s national law library of both Read more>>