Molleur Law Blog
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Process of a Chapter 12 Bankruptcy Case
Posted on 02/26/2010 at 05:57 pm | Viewed 1,071 times
Chapter 12 is the reorganization chapter in the Bankruptcy Code for family farmers or family fishermen. The Code defines a "family farmer" as an individual or entity (corporation, LLC) that has less than $3,544,525 of total debt (secured and unsecured), with not less than 50% of the debt (excluding the principal residence) related to the
2009 Bankruptcy Filings Up
Posted on 01/04/2010 at 12:00 am | Viewed 795 times
According to a year-end report on the federal judiciary filed by Chief Justice Roberts, 1,402,816 bankruptcy cases were filed in 2009. This number represents 35% more cases than were filed in 2008. The most dramatic increases were seen in Chapter 7 (up 45%) and Chapter 12 (up 47%) case filings. Of additional interest is that
Debt Consolidation Programs: Bankruptcy Can be a Better Option
Posted on 03/08/2007 at 05:51 pm | Viewed 1,404 times
Bankruptcy Article #26
March, 2007
Many people struggle for years trying to complete debt consolidation programs rather than filing bankruptcy because they think a bankruptcy will ruin their credit forever. While a bankruptcy can appear on your credit report for up to ten years, there is no
Disincorporations
Posted on 08/02/2006 at 05:37 pm | Viewed 965 times
Bankruptcy Article #15
Closely held corporations, in which there are only one or two shareholders can not file the corporation into bankruptcy unless the corporation files a Chapter 11 case. Chapter 11 bankruptcy cases are expensive. The filing fee for a Chapter 11 is $1,000 (compared to a $274 filing fee for a Chapter 13 case)
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Why should you choose Molleur Law Office?
- 01/12/12 - Sambatakos, Stark, and Hayden Become Members of Molleur Law Office
- 11/27/11 - Current on Student Loan Payments, But Having a Hard Time?
- 11/27/11 - Hayden and Stark Attend Fall Bankruptcy Conferences
- 07/24/11 - Supreme Court Restricts Bankruptcy Court Authority
- 06/06/11 - Bankruptcy Court Rules on Discharge Injunction Violation
- 02/01/11 - Supreme Court Rules on Means Test
- 01/10/11 - Comprehensive Foreclosure Defense
- 12/03/10 - Sambatakos elected to Habitat Board
- 10/22/10 - Molleur Law Office Represents Maine Homeowners in Federal Lawsuit Against First American Title Insurance Company
- 10/04/10 - Molleur Law's Efforts Lead to Halt in GMAC Foreclosures
- 10/01/10 - Maine Court Finds Affidavit Filed in Bad Faith and Vacates Summary Judgment Order in Foreclosure
- 09/02/10 - MLO Works With Habitat for Humanity
- 07/13/10 - Maine Court Foreclosure Diversion Program
- 06/28/10 - Supreme Court Decides Two Cases
- 05/31/10 - MLO Opens Portland Office
- 05/22/10 - Molleur and Sambatakos Attend NACBA
- 05/22/10 - Molleur achieves "AV" Rating
- 03/26/10 - Recent Supreme Court decisions
- 03/26/10 - Chapter 13 Debt Limits to Adjust on April 1, 2010
- 03/26/10 - The Effects of Foreclosure on Credit Score
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NOTE: Molleur Law Office cannot offer specific debt relief advice or bankruptcy representation through
online or phone communications. Contact: (207) 283-3777, or email sandra@molleurlaw.com to set-up a Debt Relief Consultation.
James F. Molleur, Tanya Sambatakos, Andrea Stark and Jennifer Hayden, bankruptcy lawyers located in Portland, ME and Biddeford, Maine —licensed in Maine as a bankruptcy specialist by the American Board of Certification. Licensed bankruptcy attorneys serving Maine and Massachussets. Molleur Law Office - James F. Molleur—Maine Debt Relief Agency and bankruptcy counseling for individuals & businesses in Biddeford, Portland, Sanford and throughout Southern Maine. Maine's only certified Consumer Law Attorney also offers assistance to prevent foreclosure, file Chapter 7, Chapter 13 and more. The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for individual advice regarding your own situation.