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Bankruptcy Law Tip from Attorney Pat Gallagher

When applying collateral estoppel principles to a nondischargeability proceeding, a bankruptcy court is directed to apply the law of the forum where the original proceeding took place. Marrese v. American Academy of Orthopedic Surgeons, 470 U.S. 373,… Read More
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Categories: Bankruptcy

Detroit's Legal Fees Could Top $100M in Chapter 9 Bankruptcy

Check out NALFA’s recent article regarding Detroit’s Chapter 9 Bankruptcy. “A recent Detroit Free Press story, “Detroit’s Legal Fees Could Top $100 Million for a Chapter 9 Bankruptcy,” reports that the City of Detroit has been… Read More
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Categories: Bankruptcy

Bankruptcy Fees to Increase Nov. 1, 2011

On Tuesday, November 1, 2011, the costs of certain miscellaneous bankruptcy filing fees will increase. The increases were voted for on September 13, 2011 by the Judicial Conference of the United States. The changes in the fees are as follows: Filing… Read More
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Categories: Bankruptcy

Reaffirmation Agreements after Chapter 7 Bankruptcy

Filing a Chapter 7 Bankruptcy should be used as a last resort in the event an individual has no other avenue to become solvent again. Under a Chapter 7 Bankruptcy, all of an individual’s debt is discharged (with some exceptions such as taxes, s… Read More
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Categories: Bankruptcy

33 Things Not to Do When Preparing to File Bankruptcy

One question that often comes up in a pre-bankruptcy filing office conference is what the client needs to provide to the attorney and what they should be doing to prepare themselves for filing. If you are contemplating filing bankruptcy, the followin… Read More
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Categories: Bankruptcy