Bankruptcy Statistics for 2010
The latest figures on personal bankruptcy filings in the U.S. have been released and it looks like 2010 will see the most bankruptcy cases since 2005, when the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) took effect. Bankruptcy cases filed in federal courts for fiscal year 2010, the 12-month period ending September 30, totaled […]
Black & LoBello featured in RJ’s Business Section
BATTLING THROUGH BANKRUPTCY: Chapter 7 not final chapter Filing turns out to be ‘a relief’ for widow Life as Renne Fortier knew it changed in January 2009. Her husband, Mark, was diagnosed with CNS lymphoma, a brain tumor, while he was working in Hawaii. By March, he was gone and she was a 38-year-old widow […]
What is the Meeting of Creditors?
Between thirty (30) and forty (40) days after filing your bankruptcy petition, the randomly assigned Chapter 7 Trustee will hold a meeting of creditors. During this meeting, the debtor is placed under oath and the Chapter 7 Trustee along with any creditors that attend may ask questions regarding your bankruptcy petition. You MUST attend this […]