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What Do Chapter 7 Trustees Dream About? CASH!
Chapter 7 trustees are paid the small sum of $60 for administering each case.  The real money a trustee makes is from finding and selling assets, and no asset is more favored than cash.According to...more
2009-12-18
Massachusetts Bankruptcy Court Holds Means Test Form Not Due on Conversion
Courts have divided on whether a new means test form is due upon conversion from Chapter 13 to Chapter 7. Most recently, Massachusetts bankruptcy Judge Rosenthal held that a new form is not due up...more
2009-12-18
How Does a Repossession Work?
Repossession can be a very scary process, which can also happen pretty quickly.Essentially, in New York State, when a borrower has defaulted on a car loan, the creditor has the right to repossess y...more
2009-12-18
How Do I Make the Phone Calls Stop?
Creditors want to get paid.  When you don’t send them the regular monthly minimum, your telephone becomes the debt collector’s weapon of choice.Creditors will use the telephone in a way...more
2009-12-18
Can a limited liability company file for bankruptcy? Yes, but not chapter 13.
Limited liability companies can and do file bankruptcy cases. When they do, they are treated as corporations.
2009-12-18
“Were You Naked When You Filed Your Bankruptcy?”
When you file your bankruptcy case, make sure you have all of your assets listed.  Leaving property off of your schedules can get you in trouble with the court and, in some cases, can make you and ...more
2009-12-17
What’s a “Debt Relief Agency”? One of a series
Anyone who has been thinking of filing a bankruptcy case has seen that law firms who file bankruptcy cases call themselves “Debt Relief Agencies”.  This isn’t an accident.This is ...more
2009-12-17
A Bankruptcy Riff on Christmas Songs
Do You Owe What I Owe?(To the tune of “Do You Hear What I Hear?”)Said the neighbor to the young man,“Do you owe what I owe?Bills up to the sky, young man,Do you see what I see?A c...more
2009-12-16
What’s a custodian? Get your car back in bankruptcy.
You may be able to get your car back in bankruptcy even if it has been repossessed before you file your case.That’s because the repo guy is a “custodian” under the Bankruptcy Code...more
2009-12-16
Can I Keep Two Houses If I File For Chapter 13 Bankruptcy?
Can you keep two houses if you file for Chapter 13 Bankruptcy?Like so many questions in bankruptcy, the answer is:  It depends.When most people file a Chapter 13 bankruptcy they are generally doing...more
2009-12-15

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Facebook UserJul 1

We are looking for some superstar contributors for our Blog on Total PMA. I believe we have quite a few members associated with this network as well as past attendees at Get a Life. Let me know if you're interested @ Beth@TotalPMA.org or on twitter- @BethBond.

* A shout out to my ladies Rachel Lynn Foley and Karen Oakes- "How you durrin?" :)
 
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