Bankruptcy can lower your credit score, but it’s possible to rebuild it. Learn how bankruptcy affects the credit score. Tips on how to recover and rebuild credit. Read this guide for valuable information.
Category: Bankruptcy
Bankruptcy can lower your credit score, but it’s possible to rebuild it. Learn how bankruptcy affects the credit score. Tips on how to recover and rebuild credit. Read this guide for valuable information.
Litigation SECTION: FLP BLOGDOES A JUDGMENT CREDITOR HAVE LIEN ON FRAUDULENTLY TRANSFERRED PROPERTY AFTER THE JUDGMENT DEBTOR FILES BANKRUPTCY? INTRODUCTION As part of enforcing a judgment, many judgment creditors place liens on the judgment debtor’s real and personal property through abstracts of judgment recorded with county recorders offices, notices of judgment lien filed with the [...]
SECTION: FLP NEWSBeware the Third Party Release in Chapter 11! Until the Supreme Court weighs in, the permissibility of third party releases may depend on the scope of the release, the adequacy of the consideration, and the circuit in which the Chapter 11 bankruptcy case is pending. MARC A. LIEBERMAN, ESQ | 7.22.2022 Can a corporation’s [...]
A debtor whose discharged is denied or revoked in a Chapter 7 case cannot discharge in a later Chapter 7 case claims incurred before the prior case. 11 U.S.C. §523(a)(10). However, for individuals who qualify for Chapter 13, the denial or revocation of discharge in an earlier Chapter 7 case might not preclude the granting of a so-called “super-discharge” in a later-filed Chapter …