Blog Posts in June, 2010
Posted on Jun 26, 2010 By Joseph Tosti
Bankruptcy is a tough pill to swallow for anyone. The word means "failure" to people more often than it means "fresh start." That's good marketing by the credit industry, but it isn't the truth . ...
Continue reading "Afraid to File Bankruptcy? You Might Already Be There." »
Posted on Jun 26, 2010 By Joseph Tosti
The Bankruptcy Code does allow the debtors to claim an expense for charitable contributions, including tithing to a religious organization. This has the possible effect of allowing a debtor to qualify ...
Continue reading "Is Church Tithing Allowed in Bankruptcy?" »
Posted on Jun 23, 2010 By Joseph Tosti
by Gini Nelson, New Mexico Bankruptcy Lawyer on June 22, 2010 · Posted in *Bankruptcy Information The Topeka-Capitol Journal Online reported today one Debtor's bankruptcy fraud criminal conviction ...
Continue reading "Bankruptcy Fraud — What Happens When You Are Caught?" »
Posted on Jun 23, 2010 By Joseph Tosti
At the same time the bankruptcy community is pondering the Lanning decision on what "projected disposable income" is in a Chapter 13 , I read Judge Eugene Wedoff's thoughts on whether Chapter 13 plans ...
Continue reading "Should Chapter 13 Plan Require ALL The Debtor’s Disposable Income" »
Posted on Jun 22, 2010 By Joseph Tosti
In the first quarter of 2010, the rate of personal bankruptcy filings in a dozen states increased by double-digit percentages over 2009's monthly averages. "What is surprising is that there are still ...
Continue reading "Personal Bankruptcies Hit a High and May Keep Rising " »
Posted on Jun 21, 2010 By Joseph Tosti
A Michigan bankruptcy court decision allowed the Discharge of a chapter 7 debtor's credit card debt, even though the credit card was used while the debtor was laid off from his job just before the ...
Continue reading "Credit Card Charges by Laid-off Debtor Held to be Reasonable and Dischargeable" »
Posted on Jun 21, 2010 By Joseph Tosti
The 8th Circuit Court recently upheld a Minnesota bankruptcy court's discharge of $300,000 in student loans, even though the Debtor's husband was paying for a newly installed screened-in deck and had ...
Continue reading "Recent Court of Appeals Discharges $300,000 in Student Loans" »