What does BAPCPA Man dress up for on Halloween? Read below and find out. Note: This cartoon is posted on the NYBankruptcyNet site with the express permission of the creators of BAPCPA Man. Click here to see a larger version of BAPCPA Man #13: Halloween & Bankruptcy. If the prospect of filing for bankruptcy in …
In a previous post (“Defenses to Preference Actions – Part I“), I explained that there are three common defenses to preference actions (also often called “preference lawsuits”) that you can use if you’ve received a demand letter from a bankruptcy trustee, from counsel to a Debtor-In-Possession or counsel to a creditors committee. The first one …
Preference Actions: What is the “Ordinary Course of Business” Defense? Read More »
In the wake of Annie Leibovitz’s recent near-bankruptcy, I thought it might be worth taking a look at the current intersection of bankruptcy and the art world. 1. Starting with Annie Leibovitz, the media has been reporting that a recent Obama family photo portrait was done by Leibovitz right before she worked out a deal …
Bankruptcy Bill and his pal Struck Finn continue their fantasy-football-applied-to-bankruptcy conversation. Note: This cartoon is posted on the NYBankruptcyNet site with the express permission of the creators of BAPCPA Man. Click here to see a larger version of the image. If you’re facing bankruptcy issues, have questions about bankruptcy or are considering filing for bankruptcy …
Bankruptcy Bill takes on Fantasy Bankruptcy again Read More »
In previous posts on this site (What is a Preference? And why should you care? and Preference Actions: How to Defend Against Them), I’ve addressed the topic of preference actions (also commonly referred to as preference lawsuits). If you read those two posts, then you know that, from a creditor’s perspective: Preference actions seem unfair …
You may have noticed a couple pieces of bad news circulating in the media the last few days. One is that foreclosures have continued to climb, according to the quarterly statistics put out by RealityTrac. Why the increase? Apparently banks have been delaying a lot of foreclosures as they’ve tried to implement the federal foreclosure …
Foreclosure increase + jobless recovery = Trouble Read More »
BAPCPA Man races under avalanches and leaps across crocodile-infested rivers to introduce you to the concepts of Chapter 7 bankruptcy and Chapter 13 bankruptcy. Note: This cartoon is posted on the NYBankruptcyNet site with the express permission of the creators of BAPCPA Man. Click here to see a larger version of the image. Go to …
BAPCPA Man introduces you to Chapter 7 and Chapter 13 Read More »
Bankruptcy Bill reveals how big firm bankruptcy lawyers employ the fantasy football concept for their own entertainment. Note: This cartoon is posted on NYBankruptcyNet with permission from the creators of Bankruptcy Bill. Click here to see larger version of image. Go to Bankruptcy Attorney Brooklyn NY to learn more about Rosenberg Musso & Weiner LLP and/or to …
Bankruptcy Bill and fantasy football…er, bankruptcy Read More »
You may have seen recent reports that Lenny Dykstra’s World Series ring was sold at auction to a Queens man for $56,000. And if you’ve been following the travails of Lenny Dykstra, or you’ve been reading previous posts on this blog (e.g., “Why Did Lenny Dykstra File for Chapter 11?” or “Dykstra Learns More About …
The goal of a bankruptcy case is to get the discharge. This is true whether your bankruptcy is in Brooklyn, Queens, Manhattan, Long Island or anywhere else in New York or the rest of the U.S. And it’s the same whether it’s a Chapter 7, Chapter 11 or Chapter 13 bankruptcy. The discharge is what …
Are any debts non-dischargeable in a bankruptcy case in New York? Read More »
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