Domestic Support Obligations in Bankruptcy (Part One)

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott At your bankruptcy hearing, you’ll be asked if you have a “domestic support obligation.”   Just what is such a thing? The term was introduced by our relatively new bankruptcy law, BAPCPA (“Bankruptcy Abuse Prevention and Consumer Protection Act”).     The definition is in §101(14A), which…

What Happens to My House if I File Bankruptcy? (O’Keefe Post I)

Written by Summerville Bankruptcy Lawyer, Russell A. DeMott I am pleased to begin this series of video posts by my Bankruptcy Law Network colleague, Kurt O’Keefe.   Kurt is a seasoned bankruptcy lawyer in Detroit with 30 years experience representing consumer debtors.   Kurt is a member of Bankruptcy Law Network and very active in…

Can Creditors Take My Retirement Funds? (Part Two)

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott In “Can Creditors Take My Retirement Funds ? (Part One)” I discussed the protection offered under both state and federal law for retirement assets such as pensions, 401(k)s, and IRAs.   As I noted in that post, retirement assets are–almost always–fully protected from the reach of creditors…

Limits of Bankruptcy (What Bankruptcy Can’t Do)

Written by Summerville Bankruptcy Attorney, Russell A. DeMott If you’re considering filing bankruptcy, you need to know what bankruptcy can do for you.   You also need to have a clear understanding of what bankruptcy cannot do.   Some conduct can result in the bankruptcy court refusing to discharge your debts. Some debts are dischargeable,…