Regardless of what you could have heard, bankruptcy has not been eliminated by the central government. It has however, become harder to file successfully due to all the new rules that were laid down in the bankruptcy reform law in 2005. Is the new bankruptcy law good for consumers? Well, that relies on who you [...]
IN RE SCOTTO
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In re: VICTOR SCOTTO, Chapter 7, Debtor. Case No. 809-75956-reg. United States Bankruptcy Court, E.D. New York. MEMORANDUM DECISION ROBERT E. GROSSMAN, Bankruptcy Judge. There are three motions before the Court. In the order in which they were filed, first, there is the Chapter 7 Trustee’s motion (“Trustee’s Contempt Motion”), dated November 3, 2009, seeking [...]