Bankruptcy Law Archives:
Introduction Bankruptcy is a legal process that provides relief to many individuals who can no longer pay all of their debts. Running Time: (2:38) Click here to view U.S. Courts Bankruptcy Basics Videos
Opportunity Lost: The Case for Bankruptcy ReformAllowing Bankruptcy Judges to Modify the Principle Balance and Terms of Loans Secured Only by the Principle Residence and Student Loans By Louis J. EsbinCertified Bankruptcy Specialist – State Bar of California© 2009 Law Offices of Louis J. Esbin In September and October 2008, as the economy was seemingly [...]
People facing the loss of their home are filing Chapter 13 when banks aren’t willing to modify their loans, according to Louis J. Esbin, president of the Central District Consumer Bankruptcy Attorneys Association. “I think Congress thought the banks would be more cooperative in modifying loans and we found that they’re not,” Esbin said. “If [...]
This is a brief summary and overview of (what one experienced bankruptcy attorney believes to be) the highlights of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, better known as the 2005 Bankruptcy Reform Act. The Bankruptcy Reform movement began eight years ago based on a detailed report on bankruptcy reform by the [...]
