Bankruptcy Won’t Protect You from Your Government

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Government of Webster, Massachusetts has posted a sign with current address and phone number of bankrupt owner who surrendered her home in bankrupcty case in 1998. Could this happen to you?

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"Chapter 13", bankruptcy, bankruptcy discharge, Chapter 7

Bankruptcy on the horizon? Don't sell or transfer assets except for fair value. You may risk your bankruptcy discharge.

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"Chapter 13", Chapter 7, full disclosure, indictment, knoxville bankruptcy

I’m often asked, “Do I have to disclose that?” The question arises when folks are trying to come up with a plausible way to conceal an asset that has special value either in money or otherwise. The answer is always, “In bankruptcy, you better disclose all your assets to the Chapter 7 Trustee.” The Bankruptcy […]

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"Chapter 13", bankruptcy, Chapter 7, tennessee resident

The short answer to the question of whether you have to be a resident of Tennessee in order to file bankruptcy in Tennessee is: YES, but . . . You don’t have to be a resident very long however. You’ve got to be a resident of the state in which you file your bankruptcy case […]

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automatic stay, bankruptcy, Chapter 7, knoxville bankruptcy, small business

Knoxville bankruptcy attorney Dan Scott says there is no discharge available in a corporation's Chapter 7 bankruptcy. He gives 4 reasons a corporation might decide to file a Chapter 7 bankruptcy. There is some help for a small business owner.

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bank, bankruptcy, business strategy, fraud

It’s not just individuals who are facing a decision as to whether to file bankruptcy. Just a few months ago the Office of Thrift and Supervision entered a Cease & Desist Order against Birmingham based Superior Bank. The 73 bank company was once a thriving operation. However, for the last seven quarters the bank reported […]

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"Chapter 13", bankruptcy, chapter 7 bankruptcy, knoxville bankruptcy

Should I file bankruptcy in Knoxville? As the calls keep coming, the court papers are delivered to your work, you ask yourself, "Should I file bankruptcy?" Knoxville bankruptcy lawyer Dan Scott lists 4 things to consider in making the decision.

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"Chapter 13", "dan scott", bankruptcy, foreclosure, foreclosures, knoxville bankruptcy, sevierville bankruptcy

Recently the National Bankruptcy Research Center reported that bankruptcy filings were down in February as compared to the same period in 2010. Obviously they’ve taken their numbers from the numbers actually reported in the Federal Bankruptcy Court system. What troubles me is that there seems to be more and more foreclosures of homes in Knoxville, […]

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bankruptcy discharge, chapter 7 bankruptcy, how often, knoxville bankruptcy, sevierville bankruptcy

How Often Can I File For Bankruptcy? This question is simply put, but I seldom hear it asked. No one wants to file bankruptcy one time, much less multiple times. Here’s how I often hear the question framed: “I filed bankruptcy in 2006, will another bankruptcy help me save my home?” If you need bankruptcy […]

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"Chapter 13", bankruptcy, Chapter 7, exemptions

The New 10k Exemption for Personal Property The purpose of bankruptcy is to take care of your debts by liquidating your assets. In case of Chapter 7, most of the assets and properties are exempted under Federal or State law. Although, there is a federal exemption law in the US, most states have their own […]

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Bankruptcy Won’t Protect You from Your Government

Bankruptcy on the Horizon? Beware of Transferring Assets

In Bankruptcy: Avoid Danger, Disclose All Your Assets to the Chapter 7 Trustee

Do I need to be a resident of Tennessee to file for Bankruptcy in Tennessee?

Knoxville Bankruptcy Attorney Says No Chapter 7 Discharge is Available to Corporations. Why File?

Bank Considers Filing Bankruptcy a Sign Times are Getting Harder

Should I File Bankruptcy in Knoxville?

If Bankruptcy filings in Knoxville are Down, Why Do Foreclosures Continue to Rise?

How Often Can I File For Bankruptcy in Knoxville?

Bankruptcy Personal Exemptions Raised to $10,000 in Tennessee