Median Family Income Data Change
November 1, 2017. The median family income data has changed.
DOJ Reissues Policy Easing Bankruptcy Guidelines for Debtors Affected by Natural Disasters
September 14, 2017. Bankruptcy trustees are encouraged to follow guidelines previously established for debtors affected by a natural disaster.
New Official and Local Chapter 13 Plan Forms
August 1, 2017. Learn about the progress being made on changes to national and local Chapter 13 plan forms.
Regional Bankruptcy Filing Increase: Southern District of Mississippi
July 21, 2017. The Southern District of Mississippi experienced a bankruptcy filing spike during the first half of the year.
Bankruptcy Statistics: Bankruptcy Filings Fall in 2016
July 6, 2017. Bankruptcy filings continue to decline and overall debt burden decreases slightly.
National and Local Standards Means Test Changes
May 1, 2017. Allowable means test deductions will change.
Bankruptcy Isn’t Available If Case Involves Marijuana Assets
April 27, 2017. DOJ clarifies that trustees can't administer bankruptcy cases involving marijuana, including matters filed in states that have legalized it.
Median Family Income Data Increases
April 1, 2017. The median family income data used in bankruptcy has changed.
Michigan Bankruptcy Exemption Amounts Increase (Effective April 1, 2017)
April 1, 2017. Some of Michigan’s exemption amounts have increased to account for inflation.
Bankruptcy Audits: U.S. Trustee Finds Errors in 20% of Bankruptcy Filings in 2016
March 1, 2017. U.S. Trustee reports bankruptcy filers made inaccurate statements about income, property ownership, and asset transfers in 20% of bankruptcy filings in 2016.
Trump Administration Memorandum: Fiduciary Duty Shouldn’t Extend to Financial Advisors
February 3, 2017. The Trump administration's financial management policy favoring quantity over quality could put your retirement at risk.