BANKRUPTCY NEWS & OPINION

By , 18/10/2016

By Rod S. Kemsley on Wednesday, October 18, 2016

Each and every one of us suffers some loss and disappointment in life. Many of us struggle financially to survive in today’s economy of layoffs, divorce, expensive medical treatment, creditor lawsuits, etc. When we are on that dead end road, what are we to do? Should we give up and throw in the towel? There are many who do just that. They bury their head in the sand...

By , 28/08/2016

TOP 7 QUESTIONS:

When asking yourself ‘should I...

By , 10/12/2014

The Schachter Law Firm is pleased to announce that we have been purchased by Kemsley Law Firm, PLLC. Attorneys Rod Kemsley and Adam Schachter will be joining forces to enable us to bring even greater levels of experience and value to our clients. We look forward to continuing to grow and flourish in the future and provide a depth of service and support beyond that which is possible as sole practitioners.

The new practice will operate under the name - Kemsley Law Firm, PLLC but will continue to specialize in bankruptcy cases in...

By , 23/04/2014

- The Judicial Conference has approved the following fee increases effective as of June 1, 2014.


- Fees for filing a chapter 7 case will increase from $306.00 to $335.00.


- Fees for filing a chapter 13 case will increase from $281.00 to $310.00


- Fees for filing an adversary proceeding will increase to $350.00 (Debtors are not charged filing fees for adversary proceedings).


- Fees for filing a Chapter 11 case will increase to $1,717.00.

...

By , 08/06/2013

This is a very common question, with a very easy answer: it doesn’t. That’s not the end of the story as two other issues can pop up depending on when the bankruptcy is filed, whether you get a refund, and whether you get a 1099 for debt forgiveness.


If you file your income taxes prior to the filing of a bankruptcy and (1) you are due a refund but (2) you have not yet received the refund, it’s important to make your lawyer aware of your right to receive the refund. In many instances, you can protect...

By , 15/04/2013

This is the first in a series of joint articles by Adam Schachter (Houston Bankruptcy Lawyer) and David Bueno Martin (Counselor in Houston).


Adam: I think financial stress could cause illness. Most forms of stress have a negative impact on the psyche and the body. Financial stress is more insidious than other types of stress for a couple of reasons that we outline below.



David: When people...

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