Trustee must return debtor’s funds after Chapter 13 conversion.

Rule 9019: Compromise and Arbitration

Rule 2004 Examination in Bankruptcy

To Seal or Not To Seal: Access To Commercially Sensitive Information In Bankruptcy Proceedings

The Perishable Agricultural Commodities Act of 1930 (“PACA”), as amended, 7 U.S.C. §§ 499(a)et seq. provides federal statutory protection to certain qualifying sellers of perishable agricultural products. Congress amended PACA in 1984 to establish a statutory trust for the benefit of all unpaid suppliers or sellers of perishable agricultural commodities or products.  PACA defines perishable agricultural commodities as “fresh fruit and fresh vegetables of every kind and character,” whether or not frozen or packed in ice, and cherries in brine. 7 USC § 499(b).

What you need to know about the 341 Meeting of Creditors

Clients always ask what to bring to their 341 Meeting of Creditors.  This question is often asked multiple times by the same person.  The 341 Meeting of Creditors is often an unknown.  Most of my clients, it is their first time filing bankruptcy and they are nervous about the meeting. Never fear. When attending your 341 Meeting of Creditors, you need to bring with you:

What if I Forget to Bring My Social Security Card?

If you were to happen to forget to bring your Social Security card to your 341 Meeting of Creditors and I am your attorney, my head will spin around exorcist style and fire will come out of my mouth.  Just kidding, maybe.  Honestly, if you were to forget your Social Security card or misplace it prior to the meeting (both have happened to my clients, multiple times) it is not the end of the world…or your bankruptcy case.

KRS Summary on Fraudulent Transfers

A fraudulent transfer (fraudulent conveyance) is an attempt to avoid debt by transferring money to another person or company. It is often an issue in debtor/creditor relations, particularly in bankruptcy when referring to insolvent debtors.

If your small business is struggling with debt, bankruptcy relief may be an option.

You’re lying awake at night wondering how you’re going to make payroll.  Many of your suppliers are threatening to switch you to cash on delivery (COD) or to cancel your account all together.  You know the IRS will soon be knocking on your door to collect taxes.  You’re in financial trouble and you think, “What am I going to do?”