The Illinois Bankruptcy Lawyer Blog

Entries categorized as ‘credit counseling’

This is how you spend your money …

July 20, 2009 · 1 Comment

Where it all goes ...

Where it all goes ...

This chart was complied and published by Visual Economics

Categories: Administrative Office of the Courts · Census Bureau · Congress · IRS · Middle class · administrative · aoc · article · automatic stay · automobile · bad faith · bailout · bank · bankruptcy · ch 13 · ch 7 · consumer · credit · credit cards · credit counseling · creditor · crisis · current-events · disposable · economy · estate · estate planning · foreclosure · income · individual · interest · investments · means test · median income · non-debtor spouse · pay advices · plan · reaffirmation · research

debt without end …

June 24, 2009 · Leave a Comment

Can’t say too many good things about this diagram; honest, to the point, great use of  Web 2.0 techniques to tell a complex story.

America's Love Affair with Credit

America's Love Affair with Credit

Categories: FDCPA · article · bailout · bank · bankruptcy · bubble · ch 13 · ch 7 · consumer · credit · credit cards · credit counseling · creditor · crisis · current affairs · current-events · data · debt · disposable · economy · fair credit reporting act
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Bankruptcy to Congress: “I’m back baby!”

April 24, 2009 · Leave a Comment

Bankruptcys Back

Bankruptcy's Back

From MSN Money By Liz Pulliam Weston

It looks as if last year’s reform law did not really stem the enormous flood of bankruptcies after all. Here are the states with the highest bankruptcy rates. advertisement By Liz Pulliam Weston The lull in bankruptcy filings may already be a thing of the past. Consumer bankruptcy cases plunged to a 20-year low in the first three months of 2006, reflecting the passage of a tough new bankruptcy law last year. But the pace of new filings is already on the rise. Courts now see an average of 2,000 new filings a day — four times the number that were filed in November 2005 after the bankruptcy law went into effect, according to Chris Lundquist, founder of Lundquist Consulting, which tracks bankruptcy trends. If filings continue to rise at anything like this rate — which is not a given, but certainly a possibility — we could see close to 1 million filings by the end of the year. That would still be significantly less than the record filing levels that drove passage of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005. But it would be a pretty clear indication that the bankruptcy juggernaut was just stalled, not cured, by the new law. [read the full piece]

Categories: BAPCPA · Middle class · article · bailout · bankruptcy · blogging · blogs · bubble · business filings · ch 11 · ch 13 · ch 7 · consumer · credit cards · credit counseling · creditor · crisis · current affairs · current-events · data · debt · disposable · economy · elderly · empty-nest · filings · foreclosure · fraud · income · individual · investments · jobs · lists · means test · median income · mortgage · real property · research · short sale

do you qualify for bankruptcy? take the instant means test

January 31, 2009 · 3 Comments

Found this online instant means test from Nolo Press (the people who publish DIY bankruptcy and other legal materials). Works very well, links nicely to related information from the US Trustee, the IRS, the Census Bureau, etc. For my money, this means test calculator takes full advantage of the Internet as a dynamic medium. Highly recommended for quick reference.

Alabama Bankruptcy Means Test Calculator

Denver Grand Junction Pueblo |

Connecticut Bankruptcy Means Test Calculator

Bridgeport Hartford New Haven |

Delaware Bankruptcy Means Test Calculator

Wilmington |

District of Columbia Bankruptcy Means Test Calculator

Washington |

Florida Bankruptcy Means Test Calculator

Fort Lauderdale Fort Myers Gainesville Jacksonville Miami Orlando Panama City Pensacola |Tallahassee Tampa Viera West Palm Beach |

Georgia Bankruptcy Means Test Calculator

Atlanta Augusta Brunswick Columbus Dublin Gainesville Macon Newnan Rome Savannah |Statesboro Waycross |

Hawaii Bankruptcy Means Test Calculator

Honolulu |

Idaho Bankruptcy Means Test Calculator

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Illinois Bankruptcy Means Test Calculator

Benton Chicago Danville East Saint Louis Peoria Rockford Springfield |

Indiana Bankruptcy Means Test Calculator

Evansville Fort Wayne Hammond Indianapolis Lafayette New Albany South Bend Terre Haute |

Iowa Bankruptcy Means Test Calculator

Cedar Rapids Des Moines Dubuque Fort Dodge Independence Mason City Sioux City |

Kansas Bankruptcy Means Test Calculator

Kansas City Topeka Wichita |

Kentucky Bankruptcy Means Test Calculator

Ashland Bowling Green Covington Frankfort Lexington London Louisville Owensboro |Paducah Pikeville |

Louisiana Bankruptcy Means Test Calculator

Alexandria Baton Rouge Lafayette New Orleans Shreveport |

Maine Bankruptcy Means Test Calculator

Bangor Portland |

Maryland Bankruptcy Means Test Calculator

Baltimore Greenbelt Salisbury |

Massachusetts Bankruptcy Means Test Calculator

Boston Hyannis Springfield Worcester |

Michigan Bankruptcy Means Test Calculator

Bay City Detroit Flint Grand Rapids Kalamazoo Lansing Marquette Traverse City |

Minnesota Bankruptcy Means Test Calculator

Duluth Fergus Falls Minneapolis Saint Paul |

Mississippi Bankruptcy Means Test Calculator

Aberdeen Greenville Gulfport Hattiesburg Jackson Oxford |

Missouri Bankruptcy Means Test Calculator

Cape Girardeau Hannibal Kansas City Saint Louis |

Montana Bankruptcy Means Test Calculator

Billings Butte Great Falls Kalispell Missoula |

Nebraska Bankruptcy Means Test Calculator

Lincoln Omaha |

Nevada Bankruptcy Means Test Calculator

Las Vegas Reno |

New Hampshire Bankruptcy Means Test Calculator

Manchester |

New Jersey Bankruptcy Means Test Calculator

Camden Newark Trenton |

New Mexico Bankruptcy Means Test Calculator

Albuquerque Las Cruces Roswell |

New York Bankruptcy Means Test Calculator

Albany Brooklyn Buffalo Islip New York Poughkeepsie Rochester Syracuse Utica White Plains |

North Carolina Bankruptcy Means Test Calculator

Asheville Charlotte Greensboro Raleigh Wilson Winston Salem |

North Dakota Bankruptcy Means Test Calculator

Bismarck Fargo Grand Forks Minot |

Ohio Bankruptcy Means Test Calculator

Akron Canton Cincinnati Cleveland Columbus Dayton Toledo Youngstown |

Oklahoma Bankruptcy Means Test Calculator

Oklahoma City Okmulgee Tulsa |

Oregon Bankruptcy Means Test Calculator

Eugene Portland |

Pennsylvania Bankruptcy Means Test Calculator

Erie Harrisburg Johnstown Philadelphia Pittsburgh Reading Wilkes Barre |

Rhode Island Bankruptcy Means Test Calculator

Providence |

South Carolina Bankruptcy Means Test Calculator

Charleston Columbia Spartanburg |

South Dakota Bankruptcy Means Test Calculator

Aberdeen Pierre Rapid City Sioux Falls |

Tennessee Bankruptcy Means Test Calculator

Chattanooga Greeneville Jackson Knoxville Memphis Nashville Winchester |

Texas Bankruptcy Means Test Calculator

Albilene Amarillo Austin Beaumont Corpus Christi Dallas El Paso Fort Worth Galveston |Houston Laredo Lubbock Midland Plano San Angelo San Antonio Tyler Waco Wichita Falls|

Utah Bankruptcy Means Test Calculator

Ogden Saint George Salt Lake City |

Vermont Bankruptcy Means Test Calculator

Rutland |

Virginia Bankruptcy Means Test Calculator

Alexandria Newport News Norfolk Richmond Roanoke |

Washington Bankruptcy Means Test Calculator

Seattle Spokane Tacoma Yakima |

West Virginia Bankruptcy Means Test Calculator

Beckley Bluefield Charleston Clarksburg Huntington Parkersburg Wheeling |

Wisconsin Bankruptcy Means Test Calculator

Eau Claire Madison Milwaukee |

Wyoming Bankruptcy Means Test Calculator

Casper Cheyenne

Categories: BAPCPA · Middle class · UST · bankruptcy · ch 13 · ch 7 · consumer · conversion · county · credit counseling · current-events · data · economy · filings · income · individual · means test · median income
Tagged: ,

case updates – hometown, cir 3, cir 8

July 24, 2008 · Leave a Comment

3rd cir

Windt v. Qwest Communications, 06-4662, 06-4808 [June 10, 2008]
In a lawsuit brought by bankruptcy trustees of a Dutch company asserting various claims against defendants who were allegedly responsible for the company’s insolvency, judgment dismissing trustee-plaintiff’s complaint on forum non-conveniens grounds is affirmed where the district court did not abuse its discretion in: 1) affording low deference to plaintiffs’ choice of forum in view of Netherlands’ substantial interest in resolving a dispute concerning alleged mismanagement of a Dutch company by board members and officers of that Dutch company; 2) concluding that avoiding problems in the application of foreign law favored dismissal; 3) balancing the public and private interest factors implicated in the case; and 4) determining that the convenience of litigating the dispute in New Jersey was outweighed by the oppressive or vexatious effect on defendants.

 

8th cir

US v. Mitchell, 07-3136 [June 10, 2008]
Conviction upon defendant’s retrial for knowingly and fraudulently making a false statement under penalty of perjury in a bankruptcy case is affirmed where the circuit court declines to revisit a double jeopardy issue, and there was sufficient evidence to sustain his conviction.

ND IL ED

In re Weadley, 06-1854
Bibby Financial v. Weadley, 07-683
Issued June 11, 2008
Judge A. Benjamin Goldgar

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