BANKRUPTCY: Personally Identifiable Information
Oct 21, 2010
When filing a bankruptcy, the law requires a great deal of information, and there are protections with respect to certain personal data.So, it is importantto understand whatis meant bypersonally identi...
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BANKRUPTCY: What is a Person?
Oct 21, 2010
Where certain parts of the U.S. Bankruptcy Code state that only a "person" may file under a certain section, or only certain benefits of the Code are available to a "person", that term has a special me...
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BANKRUPTCY: Median Family Income
Oct 21, 2010
After changes to te U.S. Bankruptcy Code in 2005, those who seek to file a Chapter 7 bankruptcy must take a 'means test' in order to qualify. Under this test, filers must compare their own current mon...
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BANKRUPTCY: Intellectual Property
Oct 21, 2010
Debtors filing a bankruptcy must list all assets on Schedules A and B of their bankruptcy petitions. This includes any intellectual property. But, what isintellectual property in the context of a bankr...
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BANKRUPTCY: Insolvency Defined
Oct 21, 2010
Everyone has a sense of what the term "insolvency" means, and one who does not have the money to bay bills as they become due is, in fact, under most definitions considered to be insolvent. However, t...
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BANKRUPTCY: What is an Insider?
Oct 21, 2010
In a bankruptcy, certain pre-filing payments to anyone considered an "insider" can be avoided, or demanded back by the trustee. So, the definition of an insider is important. Under the U.S. Bankruptcy ...
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Bankruptcy: Domestic Support Obligation
Oct 21, 2010
The intersection of marital law and bankruptcy can involve challenges. Knowing the definition ofthe term domestic support obligation under the U.S. Bankruptcy Code is important. Under the code, this te...
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BANKRUPTCY: Disinterested Person
Oct 21, 2010
The meaning of the words "disinterested person" may seem somewhat clear in many contexts, but there is a special definition under the U.S. Bankruptcy Code, which defines this term as a person that:
(...
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BANKRUPTCY: Debt Relief Agency
Oct 17, 2010
A "debt relief agency" means any person who provides any bankruptcy assistance to an assisted person in return for the payment of money or other valuable consideration, or who is a bankruptcy petition ...
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BANKRUPTCY: What Does The Term "Creditor" Refer to In Bankruptcy?
Oct 17, 2010
When think about or see the term "creditor", most often one would correctly expect this to mean one to whom a debt is owed. Often this would include a credit card company or a derartment store where t...
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