San Jose Bankruptcy Blog

By Ryan C. Wood I was shocked to read that on February 6, 2019, the Consumer Financial Protection Bureau (CFPB) is proposing to rescind provisions of the 2017 final rule providing consumer protections for payday loans, vehicle title loans and other high cost installment loans. For the

By Ryan C. Wood Today, December 5, 2018, USA Gymnastics, Inc., a 501(c)(3) tax exempt organization, unfortunately filed for bankruptcy protection under Chapter 11 of the Bankruptcy Code in the Southern District of Indiana; Bankr. Case No. 18-09108-RML-11. The filing of the Chapter 11

By Ryan C. Wood It recently came to my attention that there is a misconception about child support arrears and other priority claims in chapter 13 bankruptcy cases. This is not about current ongoing child support payments but the missed payments as of the date the case is filed or oth

By Ryan C. Wood This is an issue that comes up quite a bit believe it or not. The issue for consumer bankruptcy cases is scheduling the bankruptcy filer’s assets properly in Schedule B at the time the case is filed if a check is outstanding but not yet cashed. In a recent Ninth Circui

By Ryan C. Wood As a fan of the reality series American Chopper I recently heard that the series was being revived. I searched for when it would air and to my dismay I also read that Paul Teutul Sr. filed for bankruptcy under Chapter 13 of the Bankruptcy Code in New York. I have watch

By Ryan C. Wood Sadly the Chapter 13 Bankruptcy reorganization debt limitations pursuant to 11 U.S.C. §109(e) are entirely unfair to bankruptcy filers and should have been changed many years ago. The problem is these debt limitations are creating unequal results more or less based upo

By Ryan C. Wood This is a common question when an owner of a strip-mall or large real property owner seeks bankruptcy protection under the Bankruptcy Code. There could be many unexpired lease agreements that must be dealt with in the bankruptcy case. What happens depends upon whether