THIS IS BankruptcyPractice.com
 

 

ABOUT US
MORGAN KING

BANKRUPTCY BOOKS

BANKRUPTCY ACADEMY
THE BANKRUPTCY LETTER
TAX JUSTICE
CITECASES
CONTACT
(925) 829-6460

WELCOME TO BankruptcyPractice.com - - - Recently posted - - - a nice accolade from a King Bankruptcy Practice fan - - - "I purchased other books from you including Discharging Taxes and McGoldrick's Chapter 11 - - - These are my bible - - - both old and new testaments" - P.G. Sonora CA . . . Morgan is scheduled to host the panel on Discharging Taxes at the 14th annual Northern California Bankruptcy Conference Feb. 6 2015 in Sacramento - - - Also in 2015 - - - Morgan's article on handling SFR assessments in tax discharge cases will appear in the California State Bar's Journal of Tax Litigation - - - King's Friday teleconferences will resume after the start of the year (FridayConference.com). . . . . King's 9th 3-day Las Vegas Discharging Taxes Retreat will be sheduled some time in May 2015 - - - email Morgan to get notice of this event - - - Morgan calls his faculty for the retreat A Gathering of Eagles (tax eagles that is) - - - click on the Contact tab above left.. . . (this news repeats . . . )

 

HELPFUL RESOURCE LINKS

 

“For bankruptcy professionals who . . . aspire to excellence” Morgan King, Esq.

BankruptcyBooks.com

BankruptcyAcademy.com

BankruptcyLetter.com

BankruptcyMedia.com


THE QUICK PRICE LIST

CURRENT TITLES

These titles are not yet available
  • Consumer Bankruptcy Litigation
  • Marital Issues in Bankruptcy
  • Discharging Student Loans
  • The Automatic Stay
  • Claims & Objections to Claims

 

 

 

 

 

 

 

 


ALL ONLINE VIDEO COURSES

ALL LIVE ON-LOCATION COURSES

THE COMPLEAT BANKRUPTCY RETREAT

THE PRACTICE STARTUP PROGRAM

THE ACADEMY HOME PAGE

FUNDAMENTALS OF BANKRUPTCY

PARALEGAL TRAINING

DISCHARGING TAXES

AVOIDING & STRIPPING LIENS

NOTIFY ME OF NEW COURSES


ACADEMY MEMBERSHIP

ABOUT MEMBERSHIP

THE MEMBERS-ONLY PAGE

BECOME A MEMBER

 

 


ADVICE TO SENIORS ON AVOIDING IDENTITY THEFT

Excerpted from the Consumer Action Handbook 2014

General Services Administration's (GSA) Office of Citizen Services and Innovative Technologies

SENIORS AND ID THEFT

Seniors are vulnerable to identity theft. Here are some common schemes that ID thieves use to steal the identity of seniors.

Telemarketing

An ID thief may call, making fraudulent offers for products, benefits or medical services. The caller will require you to provide personal information, such as your social security number, birthday, or Medicare ID number.

Tax ID theft

Phony tax preparers steal your social security number and sell it to scammers. ID thieves may also read obituaries so that they can file a tax return in the deceased person's name. This can be a problem for a surviving spouse, when he or she tries to file taxes later in the tax season. For more information contact the IRS'

Taxpayer Advocate Service at 1-877-275-8271 or visit www.irs.gov/uac/Taxpayer-Advocate-Service-6

Medical ID theft

In general, seniors have more contact with medical service providers that can take advantage of access to their insurance information to get medical services in your name or to issue fraudulent billing to you and your health insurer.

Nursing home and long-term care

Staff at these facilities have access to seniors' personal information on file, as well as the potential misuse or theft of seniors' finances (for example check books or bank statements in the senior's room) .You can report this fraud to the long-term care ombudsman in your state at www.ltcombudsman.org/ombudsman

Follow the steps listed in "Reporting Identity Theft" (p. 37) to report ID theft or report it to the U.S. Senate's Special Committee on Aging's Fraud Hotline at 1-855-303-9470 or at www.aging.senate.gov/fraud-hotline

LAW FIRMS, ACCOUNTANTS MADE $16M IN FEES OFF OF BANKRUPTCY CASE

Greg B. Smith
New York Daily News
January 11, 2015

Law firms, accountants made $16M in fees off Interfaith Medical Center's bankruptcy

Interfaith Medical Center was in bankruptcy court for 18 months and racked up millions in fees for lawyers and accountants &emdash; many of which were questionable.

The hospital was mired in bankruptcy proceedings for months. A federal monitor singled out more than $700,000 in bills as questionable, including charges for meals, travel and even billable hours for the time spent tallying up the bills.

The cash-strapped hospital struggling to serve some of the poorest neighborhoods in the city &emdash; was the victim of a $16 million white-collar feeding frenzy.

Based in Bedford-Stuyvesant, Brooklyn, Interfaith has for years had one of the worst emergency room wait times in the state. Records from April show it took nearly two hours to see a doctor there.

The 287-bed non-profit facility &emdash; where patients are rarely insured and almost always rely on Medicaid &emdash; was for months mired in bankruptcy proceedings.

And a mentally ill patient managed to beat another patient to death in an Interfaith shower stall in 2013 because the staff lost track of them.

New Jersey Wife Teresa Giudice sues her bankruptcy lawyer for bankruptcy she claims he mishandled

She can't even do bankruptcy right ... and she blames it on her lawyer whom she is now suing.

Teresa claims in her new lawsuit -- obtained by TMZ -- he was a slacker who never even met with her prior to filing bankruptcy docs.

She also says he was sloppy as hell, not bothering to list key assets such as her cars, her rental property income and various bank accounts.

Giudice claims he's the reason she got nailed with bankruptcy fraud and that's why she's going to prison for 15 months.

Teresa says it's a classic case of malpractice, and she wants minimum 5 mil. By the way ... if you see any stories later today saying she's suing for $15 mil ... that's wrong. She makes the same claim 3 times.

We reached out to Teresa's lawyer ... so far no word back.

[Ed. Note: This is odd ... presumably Giudice is suing her bankruptcy lawyer for mistakes he allegedley made prior to filing the bankruptcy. But a cause of action for malpractice based on acts that happened prior to the petition being filed is property of the estate. Hence, only the trustee could sue for it and the proceeds, if any, would also be property of the estate. So, in most cases of bankruptcy attorney malpractice there is no reason for an agrieved client to sue - the money is just going to the creditors.]

Encore Settles Debt Collection claims - May Pay Huge Penalty

Christie Smythe Jan 9, 2015

Encore Capital Group Inc. (ECPG), a buyer of consumer debt, agreed to settle claims that it used improper collection methods in New York, the state's attorney general said amid greater nationwide scrutiny of the practice.

The San Diego-based debt investment firm obtained judgments against New York consumers for debts that were too old to collect, Attorney General Eric Schneiderman said in a statement today.

Under the settlement, Encore will ask that more than 4,500 improperly obtained judgments totaling nearly $18 million be thrown out. It will reform its practices, and pay civil penalties of $675,000, Schneiderman said.

"New York has laws in place to ensure no one can prey on consumers, and debt collectors are required to follow those rules," the attorney general said.

The settlement follows other actions Schneiderman has taken over alleged improper debt collection practices. In May, he reached agreements with other large buyers debt, Portfolio Recovery Associates LLC and Sherman Financial Group LLC.

Lawmaker Says Fire tax-delinquent feds

Andy Medici
January 9, 2015

Federal employees who refuse to pay their federal taxes should face consequences for their actions, the new chairman of the House Oversight and Government Reform committee said.

Rep. Jason Chaffetz, R-Utah, said that more than 100,000 federal employees do not pay their federal faxes every year, and one of his priorities in the new Congress will be to stiffen the penalties they face.

"We have roughly 100,000 federal workers on an annual basis that don't pay their federal taxes and that's just not acceptable," Chaffetz said.

ABI Report: Bankruptcy Filings Decrease by 12 Percent in 2014

Jan 06, 2015

The American Bankruptcy Institute reports that continued low interest rates and high filing costs deter consumers and businesses away from filing bankruptcy.

Bankruptcy filings in the U.S. totaled 910,090 in for calendar year 2014 (Jan. 1-Dec. 31), a 12 percent decrease from the 1,032,572 total filings during the same period a year ago, according to data provided to the American Bankruptcy Institute by Epiq Systems, Inc.

Noncommercial filings, 875,635 during calendar year 2014, represented an 11 percent decline from the 988,489 noncommercial filings during calendar year 2013, according to a news release from the American Bankruptcy Institute.

There were 34,455 total commercial bankruptcy filings during calendar year 2014, a 22 percent drop from the 44,083 filings during the same period in 2013.

[ed.njote: The drop in filings is consistent with the pattern of declining filings over a number of years.

YEAR FILINGS

2010 1,100,116

2011 958,634

2012 816,271

2013 706,499]

CFPB Issues Warning to Consumers and Springs Into Action Against Student Debt Relief Scams

Amanda L. Genovese and David N. Anthony

December 11, 2014

On December 11, the Consumer Financial Protection Bureau issued an advisory warning to consumers about student loan debt relief companies. While the CFPB warns all student borrowers, in distress or otherwise, to steer clear of companies with aggressive marketing tactics that make promises that they can save student borrowers thousands of dollars on student loan debt, it is also taking steps to stop these companies from engaging in illegal practices.

Specifically, the CFPB, in a joint filing with Florida's Attorney General, shut down student loan debt relief company College Education Services and filed a lawsuit against Student Loan Processing.

The CFPB's advisory provides useful tips to help student borrowers recognize red flags frequently associated with student loan debt relief scams, including:

Upfront fees: Student loan debt relief companies should not require the payment of an upfront fee up or signing of a contract prior to explaining how they will be able to assist the student borrower. The CFPB notes that "[n]ot only is free assistance available through your student loan servicer, many times taking payment for debt relief services before providing help is illegal."

Promises of loan forgiveness or cancellation: Student loan debt relief companies will make false promises that they have the ability to negotiate with student loan creditors under federal student loan programs. This is a lie.


OFFERS-IN-COMPROMISE
CALCULATOR

TAX DISCHARGE CALCULATOR

LYNCH LEGAL SUPPORT

MILLERS CBAR.pro


 
National Society of
Virtual Bankruptcy Assistants


HELPFUL LINKS

THE U.S. BANKRUPTCY CODE

WEBER'S HYPERLINKED LIBRARY

CITECASES.COM - Case research

LearnBankruptcy.com

BANKRUPTCY FORMS

BANKRUPTCY OFFICIAL RULES

BANKRUPTCY LOCAL RULES

BANKRUPTCY EXEMPTIONS

FILING FEES

OTHER DOLLAR AMOUNTS (2010)

UNITED STATES TRUSTEE

MEDIAN INCOME

IRS STANDARDS

KING BANKRUPTCY DICTIONARY

9TH CIR. RESEARCH BINDER

OUTSOURCING PARALEGALS

Pleadings & Briefs bank

BANKRUPTCY CRIMES

FEDERAL TAX STATUTES

RETURN TO TOP

GETTING AROUND THIS WEB SITE

HOW DO I . . . ?

FIND OUT WHAT KING BANKRUPTCY PRACTICE IS ALL ABOUT?

Find the ABOUT button at the top of this page, and click on it.

FIND THE VARIOUS PROGRAMS SPONSORED BY THIS SITE?

The colored columns appearing above contain the 4 main programs of King Bankruptcy Practice. Each column contains links to the various features of each program.

Another way to get around is to go to the top of this page and find the navigation buttons for "Bookstore" (BankruptcyBooks.com), "Academy" (BankruptcyAcademy.com), "E-LETTERS" (The Bankruptcy Letter), and "LLM PROGRAM" (the academic program leading to a masters degree in bankruptcy law).

There is also a drop-down menu at the top, center of this page entitled KING BANKRUPTCY PRACTICE DIRECTORY. This directory includes the main pages, plus a number of additional pages and links that you may find useful.

BUY BOOKS IN THE KING BANKRUPTCY PRACTICE SERIES?

1. Go to BankruptcyBooks.com. In the center column find and click on the logo for King Bankruptcy Practice Series.

BUY UPDATES TO THE BOOKS?

1. Go to BankruptcyBooks.com

2. In the middle column, click on

"King Bankruptcy Practice Series"

3. At King Bankruptcy Practice Series click on the UPDATES button near the top of the page.

4. At the Updates scroll down and find updated books, and also update supplements.

5. Complete your order

GET MONTHLY UPDATES?

1. To get more frequent updates, join The Bankruptcy Academy. As a member, you get The Academy Letter which has a New Case Hotsheet and Book Updates several times a month. The "dues" are $10.95/mo.

JOIN THE BANKRUPTCY ACADEMY?

1. Go to BankruptcyAcademy.org

2. See the "CLICK HERE" link just under the page title BankruptcyAcademy.org.

3. Fill in the form and submit. You can make a choice of monthly or annually.

SIGN UP FOR AN ACADEMY COURSE?

1. Go to BankruptcyAcademy.com.

2. Click on the COURSES button in upper left corner.

3. Select a course and enroll online with a credit card.

GET ACADEMY CERTIFICATION?

1. Go to BankruptcyAcademy.com.

2. Click on the CERTIFICATION button in upper right corner.

3. Read about certification.

 

RETURN TO TOP

SERVICES
AVAILABLE THROUGH
KING BANKRUPTCY ACADEMY

[PENDING]


RETURN TO TOP

THE KING BANKRUPTCY PRACTICE CLINIC

Have a problem with some aspect of consumer bankruptcy law, procedure, or practice?

Let our Bankruptcy Academy members have a try at it. Pose your question or issue

here (below) and if we can come up with something helpful we'll post it here.

THE CLINIC IS PENDING
CLINIC REPLIES POSTED HERE

 

 

 

RETURN TO TOP