chapter 7 issues

Can Facebook Ruin Your Bankruptcy

Jonathan Ginsberg

June 08, 2011 12:08

Social Media sites, and Facebook in particular, have changed the practice of law.  Divorce lawyers regularly review the opposing party's Facebook profile for evidence of adultery or hidden assets.   Prosecutors present online photos to juries as evidence of guilty behavior.  Bill collectors...

Bankruptcy Fraud: Don't Cross that Line!

Jonathan Ginsberg

April 16, 2011 01:41

The Associated Press reports that former baseball star Lenny "Nails" Dykstra has been charged with bankruptcy fraud by a California based United States Attorney.  Dykstra filed for Chapter 7 bankruptcy in 2009, scheduling $31 million in debts and only $50,000 in assets. More on Bankruptcy...

What is a Redemption of Property in Chapter 7

Jonathan Ginsberg

March 20, 2011 02:58

If you are purchasing a vehicle and you file Chapter 7, your options are (1) surrender the vehicle, (2) reaffirm the existing loan, or (3) redeem the vehicle by paying the lender fair market value.  Redemption, which is described at Section 722 of the Bankruptcy Code used to be an uncommon choice. ...

Will Bankruptcy Issues Affect Georgia Governor's Race?

Jonathan Ginsberg

September 19, 2010 21:23

If you have been reading your local newspapers, you may be aware that Nathan Deal, the Republican candidate for Governor of Georgia, is facing scrutiny about his personal finances and about the bankruptcy filings of his daughter and son-in-law. More on Will Bankruptcy Issues Affect Georgia...

Real Housewife Star Teresa Guidice Faces Allegations of Bankruptcy Fraud

Jonathan Ginsberg

September 06, 2010 20:44

United Press and about two dozen tabloid web sites and blogs are reporting that reality TV star Teresa Guidice, and her husband Joe have been sued by their Chapter 7 trustee for failing to report assets in their bankruptcy petition.  Guidice, one of the "Real Housewives of New Jersey,"...