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Reverse Piercing of Debtor’s Own Corporation Disallowed To Claim Exemption 20 Aug 2013 | 02:49 am

Many people have suggested buying a car through a small business corporation they own in order to protect the car from personal creditors. One debtor found that this planning back-fired when he filed ...

Debtor’s Machine Gun in Chapter 7 Bankruptcy 3 Aug 2013 | 08:05 pm

A Chapter 7 bankruptcy trustee is supposed to gather and sell all non-exempt personal property of significant value. Sometimes there are practical considerations that lead most trustees to leave valua...

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