Taxes are one of the means test expense items that I have labeled as a gamechanger. Those gamechangers are entries on B-22 where a thorough bankruptcy lawyer has an opportunity to significantly alter the disposable monthly income. Facility here starts with the concept that the “right” tax figure may not be what’s been withheld from […]
On The Trail Of The Reopened Bankruptcy Case
We’re here at the trail head. Our goal is to reopen a bankruptcy case. I can’t tell you comprehensively where this trail leads, but as bankruptcy lawyers, we often set off down the path. As we find in the cases, the trip may not be necessary. A starting point I reached into my box of […]
Hat Tip For Timeless Little Tips
It’s the little things that count. My life in the law is so much richer and more productive as a result of help, encouragement and brainstorming I’ve shared with lots of marvelous mentors and friends. But two people stand out, not just for their generousity with their knowledge, but for the common here’s-how-you-get-it-done tips. My […]
The Savvy Move: San Diego For NACBA Convention
Sunshine, camaraderie, and CLE. Three days in San Diego for the NACBA 2013 Convention. No need to chew on it. Sign up. The early bird discount expires 3/15/13. There’s no place else where you can get such a marvelous mix of the latest developments in consumer bankruptcy law and the practical how-to’s from lawyers who’ve done […]
Old Lesson From Innovation Event
The most important thing I learned at a half day spent at ReInventLaw Silicon Valley had little to do with the conference’s theme of law, technology, and innovation. In fact, it was very old school idea that stuck with me: communicate with your client. Give the client greater visibility into the value you are […]
Dealing With Joint Debt And Business Struggles
Early in this series on business bankruptcy issues, we focused on figuring out just who is liable for each debt. Many people check over here with several doubts regarding business. Is it the shareholder, sitting across the desk from you, or is it the corporation that person runs? The life of a bankruptcy lawyer is […]
Double Up On Exemptions
Now’s the sweet spot for bankruptcy exemption planning: before April 15th. Up until April 15th, a debtor can contribute to an IRA for last year and this year. Double your pleasure, double your fun. For an individual under 50, that’s $10,500 that can be sheltered from creditors, thanks to §522(n). Five thousand dollars for 2012, […]
