Blog Posts in 2013

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  • Beware of the Bank's
    Beware of the Bank's "Right to Setoff."

    A “Right to Setoff” is a legal right that allows debtors to reduce the amount owed to a creditor (financial institution) by offsetting against any amounts owed from the creditor to the debtor. If our ...

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  • U.S. Trustee's Office Designates New Median Income Figures
    U.S. Trustee's Office Designates New Median Income Figures

    The U.S. Trustee's Office has recently updated the figures that will be used to determine whether a debtor qualifies to file for Chapter 7 Bankruptcy under the "Median Income" test. A debtor will pass ...

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