Do you think that a Bankruptcy Judge should have the power to modify the mortgage interest rate or reduce the principal balance owed on a home mortgage to the value of the home? A bill is before both the U.S. House and Senate that would allow bankruptcy judges to modify mortgage interest rates and reduce […]
You can include debts to utility companies in your bankruptcy but the the utility company can require you to pay another deposit.
In In re Cunha, 1 B.R. 330, 333 (Bankr. E.D. Va. 1979), the bankruptcy court held that a utility company could not discontinue service but may require a deposit as “adequate protection”.
What is “adequate […]
Inheritances are subject to creditor and trustee claims while you are in bankruptcy. That’s because when you file for bankruptcy, the trustee takes control over all of your property – including any inheritance you have a right to within180 days after he files his petition. You don’t even have to receive the property within 180 […]
There are ten Chapter 7 bankruptcy trustees serving the Dallas area bankruptcy courts. Each Chapter 7 bankruptcy case is assigned to a trustee, who is responsible for administering the case. The trustees for Chapter 7 bankruptcies are:
Michelle Chow, Trustee
5401 N. Central Expy Ste 218
Dallas, TX 75205
Jeffrey H. Mims, Trustee
3102 Oak Lawn Ave Ste 700
Dallas, TX […]