In this particular case the debtors were ages 64 and 73. Mr. Peinado could not earn income and a realtor due to the market and could not earn money teaching Spanish as a second language. Mrs. Peinado had been laid off of her job as a paralegal through not fault of her own. They applied …
Determining Household Size Can Be Critical To Your Case
This determination, of course, may be critical as to whether you are over or below the median income for your state. In the Robinson case, the debtor was the unmarried father of four children. On the average the debtor’s children spent an average of four days and four nights with the debtor. The debtor maintained …
Determining The Value Of Your Vehicle In Bankruptcy
Section 11 U.S.C. 506(a)(2) states that property is to be valued at the retail value. In relevant part, Section 11 U.S.C. 506 (a)(2) states: If the debtor is an individual in a case under Chapter 7 or 13, such value with respect to personal property securing an allowed claim shall be determined based on the …
Property Taxes And Tax Liens
In this particular case the debtors filed their bankruptcy petition on December 28, 2009. This was a Kansas case, and, under Kansas law, the court held that the real estate taxes were due on November 1 and on that date a lien would automatically attach to the debtor’s real property. Using this reasoning the court …
Filing Chapter 7 Bankruptcy – Talk Law Radio Show Transcript
Davina: Good morning you’re here with Davina Mathis, I’m sitting in for Janice Mathis for Legal Talk. We’re here with Roger Ghai of www.Chapter7attorneys.com . He’s going to talk to us about Chapter 7 bankruptcy and all of the issues related to it here on Legal Talk this morning. Good morning Roger. Roger: Hey, good …