Category Archive: Bankruptcy

Sep
13

Bankruptcy and Divorce

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Deciding whether you should file for bankruptcy before or after a divorce depends on quite a few things, including how much debt and assets you share, which state you live in, and which chapter of bankruptcy you should file. Here are a few issues you must consider before making your assessment.  The filing fees for …

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Jul
23

Chapter 7 No-Asset Bankruptcy Case

If you can exempt all of your property, the Chapter 7 trustee cannot sell any of your assets to pay your creditors. This is referred to as a Chapter 7 no-asset bankruptcy. The majority of Chapter 7 bankruptcies are no-asset cases. If all of your assets are exempt, the trustee will normally file a no-asset …

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Jul
15

Abandonment of Property

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In a Chapter 7 Bankruptcy case, typically property that can’t be exempted is sold and distributed to creditors by the trustee. Nevertheless, at times property is troublesome or of little value to the bankruptcy estate. In these circumstances, abandonment of the property is fitting. If the case is going to be open for a while …

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May
15

JudeLaw Has Moved!

JudeLaw LLC has moved to a new location. We are now located at 704 S. Monaco Parkway Denver, CO 80224. We look forward to helping you with any of your Bankruptcy needs at our new location.

May
01

Did you know……………..

Did you know…………….. A bankruptcy trustee can recover payments made to unsecured non-priority creditors within 90 days of filing, or within 1 year for insiders, unless the payment was a contemporaneous exchange for new value or made in the ordinary course.     11 U.S.C. §547(a)(4). A cash advance returned by the debtor within 18 days of …

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Apr
30

The Usual Waiting Periods between Bankruptcy Filings

The Usual Waiting Periods between Bankruptcy Filings The waiting period from one bankruptcy filing to the next is 4, 6 or 8 years, depending on the Chapter of the prior bankruptcy and the Chapter of the new case being filed: 2 years: Prior Chapter 13 case to new Chapter 13 case. 4 years: Prior Chapter …

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Apr
16

Are Vehicle Black Boxes a Good Idea?

Are Vehicle Black Boxes a Good Idea? Most new cars have a data recorder (known as a “black box”) that captures a assortment of information, for example speed and seat belt usage before and after a crash.  A new rule projected by federal safety officials would make this technology binding in 2014.  Followers say that …

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Apr
09

Words of Wisdom

Words of Wisdom Don’t spend more than you earn Don’t use credit.  If you can’t pay cash, then don’t buy it If you borrow, never risk what you cannot afford to lose Don’t waste resources; make do with what you’ve got Living on less is a good thing Turn the lights off behind you; don’t …

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Apr
08

New Rule Implements Dress Code for Attorneys

Below is a link to a great article written by Becky Bye! Interesting and well written! http://www.denbar.org/docket/doc_articles.cfm?ArticleID=8049

Apr
01

Bankruptcy Information

Bankruptcy Information Trustees may not avoid equitable subrogation claims under 11 USC §544(a) (3) where a lis pendens was filed during the preference period.                 Green v. HSBC Mortgage Services, Inc., 2012 WL 3046976 (Bankr.D. 7/25/12)   The sale of property subject to a lien without the consent of the lien holder constitutes willful and …

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