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Orange County
Bankruptcy Law Blog
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 [...]
Rapper DMX Files New Chapter 11 Schedule Claiming $50 In Assets
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
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
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?
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
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, [...]