Are Agreements NOT to File Bankruptcy Enforceable?
Once in a while, I speak with someone inquiring about bankruptcy. Many boilerplate agreements, such as residential leases or contracts you can purchase in a store, contain an ipso facto clause – if a party files for bankruptcy, then the contract is terminated. Many, if not most courts, have held that such clauses are unenforceable.
KEEP READING . . .Social Security Bankruptcy: Do you need a social security number to file bankruptcy?
I get inquiries fairly regularly concerning whether an individual that does not have a social security number may file for bankruptcy. When it comes to social security bankruptcy, the answer is yes. In one case out of the Bankruptcy Court for the Southern District of Florida, the court ruled that a debtor without a social […]
KEEP READING . . .IMPORTANT!!! Supreme Court Bankruptcy Case For Homeowners with Second Mortgages (or beyond)!!!
For homeowners, especially those that have dealt with foreclosure and have multiple mortgages recorded against the real property, this post is a MUST-READ for you.
KEEP READING . . .