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October 2013 Archives

'Disarray' in DMX's Chapter 11 could force transfer to Chapter 7

Earl Simmons, the rapper known as DMX, filed for Chapter 11 reorganization in July, but he’s not getting much relief -- and it’s not the first time. The performer tried filing for bankruptcy in 2009, but that case was dismissed by the bankruptcy court after it found DMX had “unreasonably delayed” the case to the detriment of his creditors.

Is it a good idea to try filing for Chapter 7 without a lawyer?

You may be thinking to yourself that a bankruptcy attorney’s blog isn’t likely to recommend trying to file bankruptcy on your own, and you would be right. This isn’t about helping bankruptcy lawyers hold onto their clients, however -- it’s advice from the Los Angeles Times’ consumer columnist David Lazarus.

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