Social Security Overpayments The Social Security Administration is the agency that processes payments for disability and retirement benefits. You can imagine the vast amount of payments that are handled, both in number and amount. Do to the enormous volume of payments, sometimes mistakes are made. Often, these mistakes are actually overpayments to the recipients, usually […]

Many times when a debtor does not sign a reaffirmation agreement for a mortgage in a Chapter 7 bankruptcy, the creditor will not repossess the property as long as the debtor continues to make payments. Some lenders even make it a habit not to sign reaffirmation agreements. However, the creditor will cease sending monthly billing […]

Individuals and businesses use bankruptcy as a way to obtain relief from debts owed to creditors. The United States Constitution authorizes Congress to pass uniform laws on bankruptcy. Laws governing bankruptcy have existed since the early 1800s. The Bankruptcy Code (Title 11 of the United States Code), enacted in 1978, has been amended several times, […]

11 USC 101(10A) “Current Monthly Income” So you have been reading all over the internet that you need to be below a certain income to “qualify” for a Chapter 7 Bankruptcy. That amount varies for family size, and from state to state. And, in Ohio, those median amounts recently changed. Here is how the bankruptcy […]

Corporations and partnerships must have an attorney to file a bankruptcy case. Individuals, however, may represent themselves in bankruptcy court. While individuals can file a bankruptcy case without an attorney or “pro se,” it is extremely difficult to do it successfully. It is very important that a bankruptcy case be filed and handled correctly. The […]

Ohio residents who have been watching the Olympics probably know of Gabby Douglas, as she won the women’s gymnastics all-around gold medal this year. While this Olympic story is certainly wonderful, her mother’s personal life is also making headlines for a completely different reason. Douglas’ mother filed for personal bankruptcy earlier in the year. She […]

Bankruptcy Estate The term “bankruptcy estate” describes the collection of property rights that can be administered by the court in a bankruptcy case. The estate is created at the start of the case and it generally consists of all interests of the debtor in any kind of property as of that time. It includes interests […]