Yesterday, the Supreme Court of the United States (not Georgia) agreed to consider whether “lien strips” are available in Chapter 7 filings. That new development means that all Chapter 7 “lien strips” are on hold and will not be decided until after the Supreme Court publishes its
Read more →When you file a Chapter 7 bankruptcy case, your household’s income must be below a certain threshold. You enter the household’s income on the Chapter 7 Means Test. (Official Form B22A can be found here). The Means Test threshold is based on the State where you file
Read more →Citigroup has agreed to pay $7 billion to settle claims related to unlawful mortgage practices. It will likely take a few months for us to know more information about tho get involved in the settlement. On a bankruptcy related note, attorneys should start thinking about adding a
Read more →In December 2013, the Consumer Financial Protection Bureau (“CFPB”) announced a settlement with Ocwen, American Home Mortgage Servicing, and Litton Loan. The settlement is based on deceptive tactics in foreclosure actions, which we’ve heard a lot about since the real estate crash of 2008. The settlement gives
Read more →On July 14, 2014, a Government agency named the Consumer Financial Protection Bureau (“CFPB”) filed a lawsuit against an Atlanta area debt collection law firm, Frederick J. Hanna & Associates and 3 of its partners. The CFPB is asking that Hanna and the partners be prevented from
Read more →In a June 19th Washington Post Article titled, “Why A Guy Making $100,000 a Year Can’t Get a Bank Account,” a software engineer had trouble getting a bank account after he rebounded from financial stress created by job loss. The article sheds some light on the behind-the-scene
Read more →The Court’s filing fees increase as of June 1, 2014, as follows – Chapter 7 $335.00 (increased from $306.00) Chapter 13 $310.00 (increased from $281.00) Angel M. Van Wieren Law Offices of Angel M. Van Wieren, PC
Read more →Teresa Guidice, of Real Housewives fame, and her husband pled guilty to hiding income from the Bankruptcy Court. After filing a Chapter 7 bankruptcy case in 2009, Teresa and Joe hid income from the “Real Housewives” show, magazine appearances, business income and rental income. Yesterday, Teresa and
Read more →Again, this year, the VITA program is available for free tax return preparation in or around Atlanta. You can find the nearest location by visiting this website - http://irs.treasury.gov/freetaxprep/ You should take the following with you to the VITA location – Proof of identification – Picture ID Social
Read more →
