I have been paying on a chapter 13 for three years. my truck creditor was included as a "priority creditor". the secured portion of the debt has been paid. however, an unsecured portion still exists. still, the creditor will not send me the title until the chapter 13 is discharged two years from now. This wouldn't normally be a big deal, but the truck is in dire need of repairs ($1000+) of which I can not afford. I have had offers to buy the truck or trade it for something that is actually more affordable (and runs!). I have spoken with my trustee and they advised me to speak with the creditor and/or my lawyer. I spoke with the creditor and they advised me to speak with my lawyer. I am having problems reaching my lawyer. what actions can I take to get my title? If and when I get my lawyer, what action is he likely to suggest?

Chapter 13 – How do I get my title?

Chapter 13 – How do I get my title? is a post from: Chapter 7 Bankruptcy Information

What is the car exemptions for chapter 7 bankruptcy in ohio?
i keep getting conflicting information. my car was paid off in full on one of the credit cards i am filing bankruptcy on. so i own it outright. it is my only car, it has a value of 7-8500 depending who you ask. if i filed 7 could i keep my car? obviously i would rather file 7 then 13.

What is the car exemptions for chapter 7 bankruptcy in ohio?

What is the car exemptions for chapter 7 bankruptcy in ohio? is a post from: Chapter 7 Bankruptcy Information

i need to know what documents, besides the petition, how many copies of each and anything else. i cant find this info anywhere. i live in illinois.

Bring all debtors communications as well as fixed assets that you owned. Two photocopies of each together with originals.

What are the exact documents needed for filing chapter 7 bankruptcy?

What are the exact documents needed for filing chapter 7 bankruptcy? is a post from: Chapter 7 Bankruptcy Information

Almost a month ago, our blog featured a story on a pending US Bankruptcy Court action for the movie and video game rental company Blockbuster Inc. The national retailer has struggled to compete with new companies such as Netflix Inc. and Redbox Automated Retail. Blockbuster filed for Chapter 11 bankruptcy protection in September, but failed to turn their financial situation around.

Last week, a US Bankruptcy Court judge officially approved the sale between Blockbuster Inc. and Dish Network Corp, a Colorado-based company. At the end of the auction, Dish acquired Blockbuster for an estimated $320 million dollars, with the company expecting to pay closer to $228 million after taking Blockbuster’s current inventory into account.

According to Blockbuster’s legal representation, proceeds from the sale will be used to cover the majority of the company’s outstanding debt. a Bloomberg report stated specific numbers, including almost $180 million dollars to be set aside for senior lenders, in addition to another $10 million for movie studio debts and $20 million for administrative claims.

However, the extent of Blockbuster’s debt cannot be completely covered by the Dish Network sale. Bloomberg also reports that the $320 million dollar settlement will not be enough to pay several of Blockbuster’s secured noteholders and Chapter 11 service providers.

Blockbuster began closing many of its nationwide locations in September as part of its Chapter 11 reorganization strategy, including several Colorado stores. according to the company’s Chief Executive Officer, roughly 1,700 Blockbuster locations will remain in operation at the end of the bankruptcy sale. The CEO did not, however, specify where these locations would be located, leaving the fate of the remaining Colorado locations up in the air.

Source: Bloomberg Buisnessweek, “Blockbuster, Lehman, Vitro, Accredited Home: Bankruptcy.” Bill Rochelle, 8 April 2011

Colorado-based Dish Network Corp acquires Blockbuster Inc. is a post from: Chapter 7 Bankruptcy Information

Persels & Associates Outlines the Crucial Steps before You File Personal Bankruptcy

Persels & Associates Logo

Towson, MD (Vocus) April 29, 2010

The number of filings rose to 149,268, 34% higher than February’s filings, according to recent consumer data. Consumer bankruptcy filings hit their highest monthly peak in March since Congress overhauled the system in 2005. The March tally was also 23% higher than the same time a year ago.

The bankruptcy lawyers at Persels & Associates are committed to helping people file for bankruptcy, creating a new opportunity in life and a clean slate for the future, without the weight of preexisting debt.

With that in mind and with new laws in place what should consumers know before they file personal bankruptcy?

“Filing for bankruptcy no longer has a negative stigma,” said Joe Cosentini of Persels & Associates. “We understand the needs and circumstances of those who are unfortunately in debt. we are here to tell you that you are not alone- the recent and ongoing economic crisis has left many individuals in debt.”

The Federal Reserve reported that the revolving debt has reached a record high of $ 943.5 billion. For many Americans living during this economic recession, debt is an inevitable path. The underlying goal of the federal bankruptcy laws enacted by Congress is to give debtors a financial fresh start from burdensome debts.

Filing for Bankruptcy If circumstances dictate that bankruptcy is your best option, the lawyers at Persels & Associates will help you file for bankruptcy. The United States bankruptcy laws are intended to help debtors achieve a fresh start by relieving most of their debts. For most consumers there are two types of bankruptcy available. Chapter 7 bankruptcies, sometimes called liquidation bankruptcy and Chapter 13 bankruptcy, sometimes called debt reorganization. The chapter you file under is determined by your unique circumstances. Not everyone will qualify to file Chapter 7 and not everyone can afford the sometimes-high payments required by a Chapter 13 Bankruptcy. currently Persels & Associates only represent debtors under Chapter 7 of the Bankruptcy code but if a Chapter 13 Bankruptcy is advisable, we will help you find the right lawyer.

If and when bankruptcy becomes a consideration, you will be able to speak to one of Persels & Associates knowledgeable bankruptcy attorneys to learn how you will be affected.

Crucial Steps to take before Filing for BankruptcyFiling for Bankruptcy, even preparing to discuss your options in Bankruptcy is a complex procedure. The attorney you speak with will need to know great detail about your recent income, your debts, and the things you own or are buying, and who lives in your household, amongst other things. When contemplating Bankruptcy you should begin to gather certain paperwork that will assist the attorney in effectively analyzing your unique situation. The following list is something helpful to have with you when you speak to the attorney.

    All financial records. This includes copies of the following: £ Six months of bank statements for all bank accounts     Six months of paystubs     Latest statements/records of all assets, including 401(k)/retirement statements, etc.     Most recent bills from every creditor     Most recent payment coupons for vehicles (lease or purchase), real estate, and student loans     Bills, invoices or receipts for purchases in the last year     Files from previous litigation, including especially any judgments that have been entered against you     Files from previous attorneys     Any divorce decree or other court order that requires you to pay child support or maintenance     Any other divorce or court decree entered in the last 24 months     Canceled Checks for any expense you cannot otherwise document     ALL your correspondence with or regarding creditors, especially threat letter     ALL insurance policies     Tax returns for the last four years     Vehicle titles     Your lease or mortgage     Any promissory notes you have signed     Other documents relating to debts you owe other people     Any proof that anyone owes you money     Any lawsuits with which you have been served     A copy of your driver’s license

About Persels & AssociatesPersels & Associates, LLC, and its entities are pioneers in the field of offering “unbundled” legal services to individuals who cannot afford traditional legal services. As Americans credit debt rose, Persels & Associates bridged the “gap” between consumers and their debtors. Today, Persels & Associates employs 25 central office staff attorneys and over 150 additional attorneys in the 50 states while representing over 40,000 clients nationwide. For more information, please visit perselsandassociates.com.

Media contact:Karen McGagh, KMC443-632-4217

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Persels & Associates Outlines the Crucial Steps Before You File Personal Bankruptcy is a post from: Chapter 7 Bankruptcy Information

Nearly 18,000 residents in Utah filed for personal bankruptcy in 2010, bringing the state up to no. 9 in the national rankings among states with the highest number of protective filings per capita.The number of filings in 2010 surpassed figures from 2009, and many experts fear this year will continue a pattern of escalations given the high numbers already observed in the first few months of 2011."It's medical problems, and it's job loss," Ogden, Utah-based bankruptcy attorney Roy Cole told The Standard-Examiner. "They're not buying fancy cars that they don't get to keep. They're losing everything."Fellow Ogdeen attorney Kent Winward says the recent bankruptcies are due to ineffective policies from Washington. In addition, he points out that consumers who filed in 2003 are now eligible to file once again for protection, which may be contributing to the filings.Currently, there are 6.5 bankruptcies per 1,000 residents in Utah. However, Nevada, Tennessee, Alabama and Georgia have seen higher rates of personal bankruptcy, as many residents in these states turn to Chapter 7 and 13 filings to avoid creditors.

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These articles are all written by BankruptcyHome.com’s great editors and contributors. if you would like to write articles for BankruptcyHome.com, please email editor[at]bankruptcyhome.com.

Is Bankruptcy Right for you?

If you are ready to find out if Bankruptcy can help improve your financial situation, the best place to start is our Free Case Evaluation form. Complete the form below and an attorney near you will call you to discuss your options. Bankruptcy law differs from state to state so it’s important that you discuss your case with a local bankruptcy attorney. The form only takes a few minutes to complete, so get started now!

Utah bankruptcy filings rise is a post from: Chapter 7 Bankruptcy Information

ARREST MADE–INVESTIGATION CONTINUES

In an update to an investigation News Channel 7 broke during the summer of 2010, the CEO of American Shingle, was arrested earlier this month in Georgia.

Carlton Dunko turned himself in, in Macon, Ga., on charges of theft by conversion.Warrants were issued against Dunko and two other executives of the now-bankrupt company.

The warrants come on the heels of hundreds of complaints across the southeast, from those who say they paid the company for roofing work but never had it done, only to see their money dissapear.

American Shingle filed for Chapter 7 bankruptcy this past fall.

Dunko has since been released, as the investigation into his business continues, by local authorities and the Secret Service.

EMPLOYEE CLAIMS HE WAS TOLD TO LIE TO CUSTOMERS 

He says they told him to lie.

A former employee of a popular roofing company–now the target of hundreds of consumer complaints in the Upstate; says bosses told him and others to mislead customers about how dire the company’s financial situation was.

News Channel 7 first broke the story of a regional roofing company, with outposts all over the southeast, including South Carolina, Georgia and North Carolina, that promised work to consumers with storm damage, took their money, and did not complete the work, or return the cash.

The Upstate chapter of the Better Business Bureau says they have logged probably “hundreds” of complaints against the company from Upstate consumers.

Many former employees also say, they have not been paid. But thats only the beginning.

“American shingle was telling us to lie to customers.”

Ex-employee Lamar McAlister claims as the popular roofing company was drowning in debt and innocent customers and their insurance companies continued to fork over money–his supervisors at American Shingle told employees:

“Tell the customers–’hey–were running into supply demand–our vendors aren’t delivering’. come to find out, it wasn’t the vendors–it was our company.”

McAlister left the company when he was told earlier this month, to collect his supplies from the Greenville office, because they were “closing shop”, according to a supervisor.

This was while customers across the southeast were told by voicemail at the company’s headquarters, that American Shingle was simply “moving”.

CRIMINAL INVESTIGATION

We’ve also learned, “American Shingle”, is now under criminal investigation, by local police agencies, including locally, the Greenville County Sheriffs Office.

“American Shingle” had an office on Pelham Road in Greenville. However, for more than a week, consumers had not been able to locate employees, or get through to the company by phone.

Consumer Affairs departments in Georgia and North Carolina have launched investigations into the company. we are awaiting word on if and when the South Carolina Department of Consumer Affairs, LLR and the Attorney General launch investigations of their own.

Also, in at least one city effected, Memphis TN, the US Secret Service confirms to News Channel 7, they are assisting local police there, to see if federal fraud charges need to be made against the company.

Local offices of the Secret Service will get involved should the case become federal.

The Better Business Bureau is also looking into, but cannot yet confirm, that the company may be operating under numerous names, as they navigate bankruptsy. 

The CEO, Carlton DeWayne Dunko, who lives in Florida, has not returned our calls for comment.

He told our CBS affiliate in Memphis, the company is $2 million dollars in the red, and a letter is being sent to customers explaining the financial situation, but not explaining how or if they will get their money back.

We will continue to call Dunko until he answers our questions.

ORIGINAL STORY

A popular roofing company who took money from the victims of recent storms, and promised work, has apparently disappeared, according to customers.

American Shingle is a roofing company with nearly two dozen locations operating throughout the southeast, including a branch in Greenville.

Seven On Your Side heard from a number of customers who say they paid the company money to do roofing work and now no one from American Shingle can be found.

We also talked to employees off camera who say they have not been paid, and were told yesterday the company was closing shop.

Customers like Sue Drummond of Greenville, who paid the company nearly 5-thousand dollars back in March after a hail storm, are left not knowing what to do.

“I’m probably {never going} to see that money again, unless I get my attorney involved,” she said.

We called the company’s Greenville office—their Atlanta headquarters—and their other nearly two dozen offices, and you encounter the same recorded message, which says they are “moving”.

We made every attempt to locate the company for comment, but were unable to. There is nothing on the company’s website or their phone messages to allow anyone to contact them and get a response.

Complaints have been filed against the company all over the southeast and the North Carolina Attorney General has opened an investigation into the company following complaints in that state.

Labor License and Regulation (LLR) in Columbia tells us they are now looking into this.

Also, we found the Upstate chapter of the Better Business Bureau gives the company an “F” rating, with 76 complaints filed against the company over the past 36 months. most of the BBB’s in the regions the company had offices, give them failing grades due to multiple complaints.

If you were a victim, you can log on to the websites for the South and North Carolina Attorney Generals, and submit a consumer complaint.

ncdoj.gov/Consumer.aspx

scattorneygeneral.org/ag/contact.html

'American Shingle' Under Investigation After Customers Left Hanging

'American Shingle' Under Investigation After Customers Left Hanging is a post from: Chapter 7 Bankruptcy Information