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So far chr_dev has created 147 blog entries.

Is It A Good Idea To Try Filing For Chapter 7 Without A Lawyer?

2020-02-03T13:53:18+00:00October 11th, 2013|

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 [...]

Rapper DMX Files New Chapter 11 Schedule Claiming $50 In Assets

2021-03-11T22:00:43+00:00September 23rd, 2013|

Rapper DMX, whose real name is Earl Simmons, is apparently running pretty low on cash. Once among the top-selling hip-hop artists in history, the performer filed for Chapter 11 bankruptcy in July. He had apparently built up over a million in alimony [...]

Prudent Holding Company’s Pre-Meltdown Chapter 11 Saves Bank

2020-02-03T14:30:48+00:00September 9th, 2013|

Recently, a bankruptcy filing by a Wisconsin bank holding company was held up by the New York Times’ DealBook blog as a model of prudent and, in fact, innovative management. Typically, when bank holding companies file for bankruptcy, it’s far [...]

Sinbad’s Chapter 13 Do-Over Isn’t From Lavish Living, He Says

2022-01-27T15:34:01+00:00August 26th, 2013|

David Adkins, the comedian known as Sinbad, filed for Chapter 13 bankruptcy in May, claiming $11 million in debt, the vast majority of which is tax debt. According to documents cited by AccountingWEB, the 56-year-old performer owes over $8 million to the [...]

Bankruptcy — How Soon Can I File Again?

2020-02-03T14:02:37+00:00August 22nd, 2013|

In order to get a discharge in bankruptcy, sufficient time must pass between the filing of two separate bankruptcy cases. So if a bankruptcy case is filed too soon, a discharge may not take place. While there is nothing to stop a [...]

DWI Arrest, Back Child Support Push Rapper DMX Into Chapter 11

2020-02-03T13:38:31+00:00August 5th, 2013|

Rapper DMX, whose real name is Earl Simmons, filed for Chapter 11 bankruptcy in New York last week, just days after being arrested in South Carolina on alleged drunk driving and driving without a license. DMX is a resident of South Carolina, [...]

Strip A Second Mortgage In Bankruptcy

2020-02-03T13:27:33+00:00July 11th, 2013|

If you are filing for Chapter 13 bankruptcy and have a second mortgage, you may be able to “strip down” or “cram down” your second mortgage in something commonly referred to as “lien stripping.” If the value of your home [...]

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