Law Office of Allan E. Dunaway, PLC

Bankruptcy News Archives

Bankruptcy Trustee Program cuts bankruptcy audit program

The U.S. Trustee Program (USTP), which administers bankruptcy cases, has announced the last month it "indefinitely suspended" its audit program for consumer bankruptcies. This has been done because of budgetary constraints. This is not surprising, as the USTP is part of the Justice Department, and Justice, like every other department in the federal government, has been subjected to very tight budgetary controls for many years. The sequestration, which requires all departments of the federal government to make 5 percent cuts across the board, is only the most recent and high-profile budget cut to come along.

State AGs ask for removal of FHFA head

There is a reason why the mortgage crisis 2008 is referred to as a "bubble." If you look at a graph of the real estate valuations of virtually any property over the last ten years, there is a large rise in the middle, generally centering on 2005-2007. For anyone who purchased property during this time, you experienced a rapid increase in prices, any you may have been outbid when you made an offer on home.

Legendary video game company in danger of bankruptcy

Some of our Kentucky readers may remember playing video games such as Centipede, Missile Command, Asteroids, Battlezone and Pong years ago. Lovers of those games may not be seeing those titles again, as the company responsible for them, Atari SA, has filed for bankruptcy protection in both New York and Paris.

Company thrives after bankruptcy

A Pendleton, Indiana, motor company is open again, five years after filing for bankruptcy and closing its doors. Remy International makes starters and alternators for vehicles, a business that has picked up tremendously since the uprising of hybrid-powered vehicles.

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For sound bankruptcy advice you can count on, from a skilled lawyer who truly cares about your future, contact the Louisville Law Office of Allan E. Dunaway, PLC. We have two convenient locations: Louisville, Kentucky, and Jeffersonville, Indiana. Our main office in Louisville is located off the beaten path so you won't have to deal with downtown traffic and can pull right up to our door and walk right in.

Call us at 502-785-1005, or send an email message. Our law firm welcomes the opportunity to serve you in any way we can.

If for some reason personal bankruptcy is not for you, if you do not qualify for the Chapter 7 approach via the "means test" and Chapter 13 reorganization is not the answer, Allan E. Dunaway works hard to inform you of other appropriate means of debt settlement that suits your unique needs.

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