Bankrutpcy News » Bankruptcy By Eric SandersonMay 25th, 2011 A wholesale potted plant company in San Mateo County, California, recently filed for Chapter 11 protection.Nurserymen's Exchange plans to sell to new owners over the course of the next two months, as well as rid itself of 28 acres of land for approximately $8 million, according [...]
Median Income and Means Test in fair Oaks and Sacramento As you may have heard, the 2005 changes to the bankruptcy law added a Means Test to the bankruptcy process. the concept behind this is that if you have the means or ability to pay, you should be in a chapter 13 rather than a [...]
A judge form the Bankruptcy Court for the Northern District of new York has ruled that the recent Supreme Court decisions in Hamilton v. Lannin, 130 S. Ct. 2464, 2468-69 (2010), and Ransom v. FIA CardServices, 131 S. Ct. 716 (2011), do not permit a bankruptcy court to disallow “means test” expenses in calculating the [...]