Child support claims in bankruptcy cases are a frequent occurrence. Yet the unique conditions of each bankruptcy can potentially impact the outcome of such claims. Greenberg & Bass was approached by the ex-wife of a Chapter 7 debtor. The woman had a claim for child support of several hundreds of thousands of dollars. Prior to Continue Reading …
A Look at Preference Actions in a Recession
August 5, 2010 By
The key trend in current bankruptcy litigation is the proliferation of preference actions being brought by bankruptcy trustees. This is not a surprise, as such actions follow from an increase in bankruptcies across the board. These preference actions are filed by Chapter 7 trustees in an attempt to seek the return of payments made by the debtor to a creditor within 90 days of the filing of a bankruptcy.
Debt relief can be limited when filing bankruptcy
May 6, 2010 By
Filing bankruptcy is an opportunity for a person to start fresh by eliminating debt obligations while keeping enough funds to be able to move forward. What people don’t realize, however, is that not all debts are dischargeable – meaning that even after bankruptcy, you will still be liable for paying the entire amount of certain Continue Reading …
The Threat of the ‘B’ Word
April 3, 2009 By
