Month: June 2015

So How Much Should a Bankruptcy in Rochester Cost?

On behalf of Peter Scribner, Esq. | Jun 6, 2015 | Statistical Trends in WDNY Bankruptcies

One of the most common questions in a bankruptcy case is the fee: how much will it cost? My answer is it depends on the complexity of the case. The typical attorney fees in my cases range from $900 to $1,200 for chapter 7. Occasionally the fee is higher, for more...

Underwater Mortgages Cannot Be Stripped Down in Chapter 7 – For Now at Least: Caulkett

On behalf of Peter Scribner, Esq. | Jun 1, 2015 | Supreme Court Bankruptcy Cases

The United States Supreme Court has unanimously ruled that a junior mortgage that is 'under water' - that is, the value of the house is less than the senior mortgage - cannot be stripped down or removed as an unsecured claim in a chapter 7 bankruptcy. And yet, the...

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Month: June 2015

So How Much Should a Bankruptcy in Rochester Cost?

Underwater Mortgages Cannot Be Stripped Down in Chapter 7 – For Now at Least: Caulkett

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