Why Is the Trustee Scrutinizing My Maryland Bankruptcy Case

https://www.youtube.com/watch?v=JEHyggnJTgk Today I want to answer the question, "Why is the trustee looking so closely at my case?" You should know that trustees in Chapter 7 are private attorneys appointed to a panel by the ..

My Assets Exceed Allowed Exemptions; How Should I Proceed?

https://www.youtube.com/watch?v=kOcUAkUKd-M Sometimes when you file bankruptcy, all of your equity and your assets are not as high as the exemptions you're allowed to take under state law. However, debtors are frequently “over-exempt”. For example in ..

Will My Lawsuit Be Time-Barred Because of Laches?

https://www.youtube.com/watch?v=CgTU-zEG_jw Today I'm going to answer the question: “I filed my suit within the Statute of Limitations; can it be time barred anyway?” And the answer to that question is yes, it can be; and ..

Do I Have to List Football PSLs in My Bankruptcy Schedules?

https://www.youtube.com/watch?v=nvTpzjMrP44 If you’re a football fan and have public seat licenses, PSLs, you must list them in your bankruptcy case. And if you do, the bankruptcy trustee can indeed sell them. If you've got a ..

What Is A Motion for Summary Judgment?

https://www.youtube.com/watch?v=00-KvKsUyLk Summary Judgment is a tool which a party in litigation uses to win and end the lawsuit. When the facts are not in dispute, there is no need for a trial because the court ..

Do I Have to Reaffirm My Car Loan in Chapter 7?

https://www.youtube.com/watch?v=I9BEqOfZTFg The Bankruptcy Code requires that debtors reaffirm loans secured by personal property such as cars, computers, boats, etc. Reaffirmation means that even though you receive a discharge in bankruptcy, creditors holding reaffirmed debts can ..

What Does Paying “Outside the Plan” Mean in Chapter 13?

https://www.youtube.com/watch?v=jZJxMFpueHs In Chapter 13 bankruptcy, the heart of that process is a plan which the debtor and the debtor's attorney file with the Bankruptcy Court. This plan explains how the classes of creditors are going ..

If My Income Is Above Median, Can I Still File Chapter 7?

https://www.youtube.com/watch?v=lYu7kwJNETs Chapter 7 relief is not necessarily denied to a debtor just because their income is above the median income for their state. Such debtors might still qualify for Chapter 7 relief, but they will ..

Why Do Chapter 11 Cases Get Converted to Chapter 7?

https://www.youtube.com/watch?v=5HY210Dvs5U Chapter 11 is a procedure for businesses and individuals with sophisticated financial situations. Sometimes companies and individuals are losing money and they're losing value in their assets at the expense of creditors. When that ..

What Is The Difference Between Chapter 7 and Chapter 13?

https://www.youtube.com/watch?v=4Gf4o6-ueQg Chapter 7 provides the greatest possible relief from dischargeable unsecured claims (credit cards, mortgage deficiencies, medical bills, etc.). The debtor keeps exempt property and the case is closed after about four or five months ..

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