If you don’t list all of your property on your bankruptcy schedules, you risk losing it. Let me repeat this again, just in case you think I might be kidding: if you do not list all of your property on your bankruptcy schedules, you will lose it.
I’ve written about this before and I came across a recent decision out of the US Court of Appeals for the District of Columbia that reminds is that “list it or lose it” is alive and well. (more…)
Rocking On & Moving On: My Take
I’ve been listening to The Moth for several months and recently listened to an episode that I thought my readers could identify with, so I shared it. And as promised, I am sharing my thoughts.
When one is facing bankruptcy – for whatever reason – it’s like facing a financial black hole. It’s dark. It can feel cold and creepy. You feel like it’s sucking you in and you’re not sure what’s going to end up eating you on the other side. And those feelings end up leaving many folks completely and utterly paralyzed with fear. Perhaps paralyzed is not a good word. Perhaps wallowing with fear is a better description.
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Tags: Bankruptcy, Bankruptcy Estate, Commentary
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