Lawyers consistently ask me why I became a bankruptcy lawyer. If you’re thinking of diving into the field and don’t know if it’s your cup of tea then perhaps these insights will help you. I treasure making an immediate and tangible difference in people’s lives, right here and right now. So many worries in life […]
11/11/11 – The Next Big Thing
If you’re interested in improving your practice and profitability then you’ll likely be interested in this. Jay Fleischman and I are presenting a live, intensive one-day workshop November 11,2011 in Phoenix. There are only 50 seats in our room and a number are gone already. Details are here, but the executive summary is that the […]
10 Ways The Practice Of Bankruptcy Law Has Changed In 30 Years
Doesn’t every elder’s story about the past begin, “When I was your age…”? It’s not the age of your body but the age of your bankruptcy practice and the state of the practice in general that interests me today. I literally fell into bankruptcy law; the lawyer in the office next to mine not only […]
Are You The Calculating Type?
I get a surprising number of questions about objecting to claims in a bankruptcy case: how? when? Too few bankruptcy attorneys are asking “why?“ The answer to the “why” question must be that objecting to the claim furthers the client’s objectives or prevents a negative outcome. Put another way, the cost of objecting must be […]
Labor Day Feel Like New Years?
Over at MoneyHealthCentral, where Jay and I write for consumers about money , I did a piece this morning on how Labor Day marks a transition in my mind about the year. It provokes resolutions about how life shall be going forward. The transition is largely in my head these days. My boys no longer […]
Lien Stripping in Chapter 20
A debtor’s right to strip off a wholly unsecured lien is not dependent on the debtor’s eligibility for a discharge, says the 8th Circuit BAP. Hurray for Chapter 20. Before 2005, a debtor was entitled to file Chapter 13 immediately following a Chapter 7 and address whatever debts had survived the 7. The 7 […]
Family, Friends And Chapter 13
The drafters of the 1978 Bankruptcy Code knew something about the lives of real people and some of the generally accepted people practices. They included two priceless provisions that allow debtors to protect co obligors with the debtor through the Chapter 13 plan. Co debtor Stay How often have our clients drawn on family or […]
