Unemployment Overpayments: Dischargeable in Bankruptcy?
Now, when unemployment is high in New Jersey (approximately 16.6% in July), it is a good time to look at unemployment and bankruptcy. There have been times, when unemployment is overpaid or paid at a higher amount than is should have been. We need to look at the...Fines and Penalties in Municipal Court are Dischargeable in Chapter 13 Bankruptcy
BACKGROUND: Debtor filed for Chapter 13 Bankruptcy and listed the Neptune Township Municipal Court as a creditor. Debtor’s driver’s license was suspended by the Municipal Court for non-payment of fines and penalties. The Bankruptcy Court entered an order...Beekeepers Make Changes & So Can You to Bounce Back
The economy has faced a major setback with COVID but I am optimistic. I encourage my clients to take a positive step, make changes and you will bounce back. If you look at nature, in the 2018-19 winter, there were a record 37.7% less honeybees than...
CORONAVIRUS UPDATE
Options – Remote or In-Person Meetings Options available for remote or in-person meetings. As always, my initial bankruptcy consultations are provided at no charge. I look forward to in-person consults again but I am still offering you the...Dog’s History of Escaping which Caused Injury – Is Debt Dischargeable in Bankruptcy?
Background: Two German Shepherd dogs (Daisy and Oden) lived with their owner in a mobile home park. No matter what the owner tried, the dogs found a way to escape. City animal welfare issued a Notice of Dangerous Dog. Their Notice indicated: ...Cannot Hide Under the LLC Umbrella and Want the Court to Pierce the Veil for Bankruptcy
Background: Debtor had several businesses that were limited liability corporations (LLC). The Debtor’s personal residence was owned by his LLC as an asset. During a period of 14 years, Debtor transferred his home between his LLC and himself and did several...Lawyer Files Skeleton Petition for Dead Person
Skeleton Petition for Dead Person???? Background: Lawyer filed a Chapter 13 Petition for a woman who died 10 years earlier.Filed another Petition for same dead woman 2 years later.Lawyer stated he was asked by the woman’s daughter to file.Lawyer filed the skeleton...Slick Deal Ends Up Bad for Debtor
Slick Deal backfires Background: Company Principals sold their Company A to Company BAll become employees of Company B that bought them outOne month later, all 3 principals did the following:Left Company BWent to work for a competitorTook trade secrets to their new...Watches Worth over $400K Cannot be Found – Lost in the Shuffle?
Background Debtors (both surgeons) filed for Chapter 7$5.6 million in Debt$400K in assets which included jewelry they valued at less than $15KChapter 7 Trustee noted a potential fraudulent transfer wherein the Debtor returned about 20-30 valuable watches.The Debtors...
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CORONAVIRUS UPDATE
Options - Remote or In-Person Meetings Options available for remote or in-person meetings. As always, my initial ...
This May Be a Good Time for You to File Bankruptcy
Timing of Filing Bankruptcy is Key Timing of filing your bankruptcy is very important. There are ...