Direct Recovery

AUGUST 27, 2021

In addition to being the only way out for a wide range of individuals and businesses that find themselves in financial trouble, looking at overall bankruptcy rates can provide mountains of insight into the quality of the economy of a particular state. California had more bankruptcy filings than any other state in 2021 through May.

Chapter 13 bankruptcy 52

Chapter 13 bankruptcy Bankruptcy Chapter 7 bankruptcy Unsecured Debt 52

ABI

JANUARY 13, 2022

In In re Marlena Joy Pizzo , the United States Bankruptcy Court for the District of South Carolina held that a debtor may voluntarily contribute to her retirement plan while paying creditors under a bankruptcy plan. [1] 6] The court referred to 11 U.S.C. 20-01758-HB, 2021 WL 2020297, at *1 (U.S. May 20, 2021). [2]

Debtor 40

Debtor Creditors Unsecured Creditor Chapter 7 bankruptcy 40

Troutman Sanders

MARCH 26, 2021

The plaintiff, an individual consumer, filed a chapter 7 bankruptcy petition, including in his schedules a debt for past-due rent for a former apartment. The bankruptcy was a matter of public record and was listed on his credit reports. 20-1524, 2021 U.S. LEXIS 7126 (7th Cir.

Chapter 7 bankruptcy 52

Chapter 7 bankruptcy Bankruptcy Fair Debt Collection Judgment 52

PBWT

APRIL 14, 2021

A discharge of debt in bankruptcy “operates as an injunction against the commencement or continuation of an action, the employment of process, or an act, to collect, recover or offset any such debt as a personal liability of the debtor.” ” 11 U.S.C. § See 11 U.S.C. § March 25, 2021).

Chapter 7 bankruptcy 52

Chapter 7 bankruptcy Judgment Debtor Bankruptcy 52

ABI

JANUARY 12, 2022

American Bankruptcy Institute Law Review Staff. . . Generally, student loan debt will not be discharged in a case under title 11 of the United States Code (the “Bankruptcy Code”) unless there is a showing of “undue hardship on the debtor and debtor’s dependents.” 18-3046, 2021 WL 1602880, at *4 (Bankr. (In

Student loans 45

Student loans Student Loans Loans Debtor 45

Jimerson Firm

FEBRUARY 11, 2022

On July 15, 2021, the SBA issued its procedural notice regarding lender requests to the SBA for guaranty recovery of PPP loans. The PPP loan program has offered billions of dollars in assistance to small businesses across the country. However, many PPP borrowers have since begun defaulting on their loans.

Loans 52

Loans Lender Chapter 7 bankruptcy Bankruptcy 52