The Importance of Trust There is no substitute for building trust with clients. It establishes open lines of communication, increases cooperation and ultimately drives the profitability of a law practice. Clients who trust their lawyer are eager to meet their lawyer’s needs, making the working relationship enjoyable for the lawyer and supporting staff. Yet, increasingly, [...]
Bankruptcy Practice Management
Are Consumer Bankruptcy Attorneys Biased Towards Chapter 13 Bankruptcy?
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Are Consumer Bankruptcy Attorneys Biased? In my experience, absolutely not. In fact, consumer bankruptcy attorneys are among the most dedicated the legal profession has to offer, performing what is sometimes a thankless job for people who are under tremendous stress both financially and emotionally. However, like any large group, there are areas that the consumer [...]
San Jose Bankruptcy Lawyers Raise Concerns over Perceived Trustee Abuses
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At a recent meeting of our Chapter 13 Committee meeting, a group of Bay Area bankruptcy attorneys who meet monthly to discuss recent developments in consumer bankruptcy law, a lively discussion erupted among a group of 40-50 local practitioners over Bay Area Chapter 7 panel trustees’ increased reliance upon lengthy questionnaires and blanket document requests [...]
In re Penrod, 611 F.3d 1158 (9th Cir. 2010) An Opportunity for California Bankruptcy Attorneys — But Maybe Not For Long
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The 9th Circuit has ruled that to the extent that an automobile lender rolls the negative equity from a trade-in into a new acquisition loan that part of the loan is not a purchase money security interest. In re Penrod, 611 F.3d 1158 (9th Cir. 2010). The ruling in Penrod is in apparent contrast to [...]
Arizona Bankruptcy Attorney Discusses Recent Supreme Court Decision: When Good Financial Advice is Poor Bankruptcy Planning
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A recent US Supreme Court Ruling in the Ransom case, showed that 8 of our 9 Supreme Court Judges lack the common financial sense to reward good financial planning through our bankruptcy laws. Specifically, the United States Supreme Court has ruled 8-1 that the vehicle ownership expenses allowed under bankruptcy laws are only available to [...]
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