News of Bankruptcy Law

Say I wanted to be an attorney because I greatly enjoy the law, research, reading and writing but don’t want to work as much as some attorneys do. I’ve heard horror stories. I would not spend my 20s working 50+ hours a week in an office.

However, I also don’t care about making that much money. I’ll work less for less pay. I don’t care about being a powerful corporate attorney or partner in a ...

Rhode Island woman urged senators Tuesday to ease bankruptcy rules for people devastated by medical debt, as she described the pain of losing a child and going broke from his health care bills.

The frightful experience of Kerry Burns, of Coventry, R.I., raised a crucial question of bankruptcy law: should people going broke due to high medical bills get a break over those bankrupted by divorce or high credit card bills?

Sen. Sheldon Whitehouse, D-R.I., ...

I am doing some volunteer work for an attorney that does mainly collections and bankruptcy. I received a better opportunity from a firm that is closer to my home and is a general practice firm. I am supposed to start at this new law firm tomorrow. I informed the other attorney today that I had another opportunity and I was going to take it. Now he is offering me a paid position that is a ...

I haven't been able to find work for about a year now because of this bad economy. Many say that when I go to court tell the judge about my situation. I have no money in the bank no assets(no real property no house) but a beat up 13 year old car with high mileage. Unemployment is drying up soon. I have one case continued to end of April where I was suppose to go ...

For example, if you filed a chapter 13 in August, 2004 and your final payment was in August, 2009 and you lost your job and are unable to pay your debts and want to file Chapter 7 do you have to wait (based on the 6 year requirement) until 2015 (6 years from the END of the Chapter 13) or can you file in 2010 (6 years from the FILING of the Chapter 13).

I am looking at buying a 4 unit investment property to rent out. I have never had much money so it would be the first real asset I've owned. I have done a lot of research and read many book. I am 23 and am in the military. a lot of the material I have read says it is good to form an LLC to purchase and hold the property with in order to protect ...

Bankruptcy laws are Federal not State. The only thing that would be different from any other State is the poverty level that you would have to be under to file Chapter 7.

I just found out that my apartment complex filed bankruptcy in Feb 2011. What are the possible outcomes for this situation? I'm actually quite ignorant on bankruptcy laws, especially dealing with apartments. Thx for the time and consideration.

My husband filed for bankruptcy (only him not me) and we just got a letter from our mortgage company saying that since we are protected by the bankruptcy laws they are not allowed to send us a bill. We are not in foreclosure and we are current on our mortgage and he did not file bankruptcy on our house. What should we do. I do not want my payments to be late and fall into ...

On March 3, 2006, my employer filed chapter 11 bankruptcy for reorganization. I have been receiving long term disability payments from this company since August, 1997. As of February 28, 2006 I have not received my monthly disability check. I was told by the HR office that according to federal law under the chapter 11 bankruptcy law long term disability is not to be paid once they file for bankruptcy. Please help me to find ...