What is a Bankruptcy Adversary Proceeding?

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Category : Bankruptcy
19 - Apr - 2016

An adversary proceeding in a bankruptcy case is a lawsuit filed in the case that is typically objecting to the discharge of a debt in the bankruptcy petition.  11 USC § 523 sets forth that a debt may not be subject to discharge if it is a result

Bankruptcy. Can I Keep My Car?

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Category : Bankruptcy
12 - Apr - 2016

At an appointment with a bankruptcy attorney at Halcomb Singler, LLP, at an initial meeting regarding potential debt settlement or bankruptcy we always discuss the assets of the potential client along wi

Mortgage Balloon Payments in Bankruptcy

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Category : Bankruptcy
21 - Mar - 2016

A balloon payment, as you probably know, is a large payment due at the end of a loan.  For example, you might take out a $140,000.00 loan over 10-years with a $50,000.00 lump sum due at the end of the 10-year period on the loan.  Mortgages with