I was visited by a Canadian bankruptcy trustee vacationing in Florida who wanted to learn more about our bankruptcy system. Canada has the equivalent of Chapter 7 and Chapter 13 bankruptcy statutes. Continue reading
In July, 2011, just after the her murder trial, I wrote a blog post suggesting that Casey Anthony should file Chapter 7 bankruptcy. As many of you have read in the news, Ms. Anthony has at last filed for bankruptcy protection. All bankruptcy petitions are public record and you may read Casey Anthony’s petition here. Continue reading
From time to time callers ask me bankruptcy questions when they have already hired an attorney to file their bankruptcy petition in the Orlando Division. When I suggest that they direct their question to their own attorney whom they have paid fees they usually respond that their own bankruptcy attorney either will not return their calls or has given them poor advice. What can a debtor do when he is dissatisfied with his bankruptcy attorney? Continue reading
Bankruptcy attorneys are required to file a statement of compensation for each bankruptcy case. The statement discloses all forms of past, present, and future compensation. If they charge a client additional fees after the case is filed the attorney is supposed to file a supplemental statement of compensation within 14 days. Many attorneys do not strictly follow these rules. Frequently, attorneys neglect to file supplemental fee statements during complicated bankruptcy cases where clients pay for additional services after the case is filed.
Blog suspended for my vacation through September 15, 2006.
The new Budget bill approved by the U.S. Senate and House of Representatives raised bankruptcy filing fees. Continue reading