Hot Topics In Bankruptcy Law

Hot Topics

NC Bankruptcy Lawyer in Charlotte North Carolina for Chapter 7 / Chapter 13

BANKRUPTCY FEES INCREASE ON NOVEMBER 1, 2011

In October 2011, on quite short notice, an increase in the filing fees for bankruptcy cases was announced.  Fees for Chapter 7 and Chapter 13 are going up by $7 each. 

 Type of Case      Old Fees      New Fees as of 11/1/11 
 Chapter 7 $299.00 $306 
 Chapter 13 $274.00 $281.00
 Chapter 11 $1,039.00 $1,046.00
 
 Motion for Relief $150.00 $176.00
 Adversary Proceeding  $250.00   $293.00









Bankruptcy Mortgage Modification:

2011 update:  Sadly, this is not likely to pass anytime soon.  While I believe that a judicially supervised mortgage program is perfectly suited for bankrutpcy judges to administer, the creditors have fought hard to prevent this from occurring.

2008:  Senate Majority Leader Harry Reid (D, NV) introduced S. 2636, the Foreclosure Prevention Act of 2008 and indicated that the bill will be considered on the Senate floor as early as the week of February 25th 2008.

Title IV of the bill is the original S. 2136 introduced by Senator Durbin and is supported by NACBA (National Association of Consumer Bankruptcy Attorneys).

Title IV will help families save their homes from foreclosure by allowing for bankruptcy court-supervised loan modifications.

This is a very exciting development.

We will need to generate a lot of constituent calls and letters in support of the bill.

Article: Mortgage Loan Modification May Soon Be Allowed in Chapter 13 Bankruptcy

1701 Scott Avenue Charlotte North Carolina 28203
phone: 704 / 377-0776
fax: 704 / 377-0775

DISCLAIMER: This message is intended as a general discussion of legal issues and not as a statement of fact, legal advice or a legal opinion. Personal opinions may also be expressed. No attorney-client relationship is created by this message. Do not act or rely upon law-related information in this communication without seeking the advice of an attorney licensed to practice in the relevant area.

The Law Office of Susanne M. Robicsek is
a Federally Designated Debt Relief Agency
under the Bankruptcy Code.
I file bankruptcy cases for people in financial need,
and have been doing so since 1989.

IRS CIRCULAR 230 NOTICE: To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. tax advice contained in this communication (or in any attachment) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed in this communication (or in any attachment).

Copyright Susanne Robicsek. All rights reserved.

Charlotte NC Bankruptcy Lawyer Concentrating In Consumer Bankruptcy Since 1988
Copyright 2000 - 2014

Page copy protected against web site content infringement by Copyscape