Ardelean & Dunne, PLLC HAS MOVED! We are now located in the Onyx Building at 29777 Telegraph Road, Suite 1630, Southfield, MI 48034. A big thanks to everyone working for Onyx for making the move trouble free!
The short answer to whether you can transfer property out of your name prior to bankruptcy is no. This is deemed a fraudulent transfer under the bankruptcy code and can have some undesirable affects on your case. Many times individuals looking to file bankruptcy will consider transferring a car or house out of their name […]
An article published yesterday on CNBC’s website titled “Puerto Rico needs reform, not bankruptcy protection” discusses the non-bankruptcy changes that Puerto Rico can take to financially stabilize its government. While it would be unfair for me to discuss Puerto Rico’s finances, as I am not familiar with the subject, it does bring up the topic […]
The National National Association of Consumer Bankruptcy Attorneys (NACBA) has issued a statement on its website bringing issue with the Department of Education’s role in fighting Student Loan discharge in consumer bankruptcy filings. Under the bankruptcy code, the filer’s bankruptcy attorney has to bring an action called an adversary proceeding against the student loan lenders […]
The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA) may now play an important role in the 2016 presidential race. Vice President Joe Biden, then Senator Biden, championed the bill. Now, he is trying to win support for his potential presidential bid from some of his biggest critics, mainly Senator Elizabeth Warren. The […]