Detroit Bankruptcy Lawyer Kurt O'Keefe http://stopcreditor.com 24001 Greater Mack St. Clair Shores MI 48081 • (877) 817-9506 • koklaw@gmail.com Thu, 09 May 2013 10:13:17 +0000 en-US hourly 1 http://wordpress.org/?v=3.5.1 Chapter 11 Bankruptcy For Oreck Vacuum? http://stopcreditor.com/chapter-bankruptcy-for-oreck-vacuum/ http://stopcreditor.com/chapter-bankruptcy-for-oreck-vacuum/#comments Thu, 09 May 2013 09:18:44 +0000 Kurt O'Keefe http://stopcreditor.com/?p=4629 VAcuum  Bankruptcy can happen to anyone, or any company, it seems. Oreck Vacuum the latest well known name to file for bankruptcy protection. I am trying to remember the tag line in the ads, but I remember the former owner, David Oreck, making some kind of guarantee. The 50 year old company’s Chapter 11 filing...

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]]> http://stopcreditor.com/chapter-bankruptcy-for-oreck-vacuum/feed/ 0 Bankruptcy And Kevin Costner? http://stopcreditor.com/bankruptcy-kevin-costner/ http://stopcreditor.com/bankruptcy-kevin-costner/#comments Thu, 25 Apr 2013 09:58:13 +0000 Kurt O'Keefe http://stopcreditor.com/?p=4617 MV5BMjIwNDMzMjgxMF5BMl5BanBnXkFtZTcwNzc2NzE1OA@@._V1._CR0,0,1503,1503_SS100_  Yeah, that Kevin Costner, the guy who danced with the wolves. Not in bankruptcy, no, but, being sued in bankruptcy court. How can you be sued in bankruptcy court? One way, is to try to get money from a person, or company, that filed bankruptcy.  Or, in this case, sue someone who has a...

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]]> http://stopcreditor.com/bankruptcy-kevin-costner/feed/ 0 Consumer Bankruptcy Does No Good? http://stopcreditor.com/consumer-bankruptcy-does-no-good/ http://stopcreditor.com/consumer-bankruptcy-does-no-good/#comments Thu, 18 Apr 2013 09:55:42 +0000 Kurt O'Keefe http://stopcreditor.com/?p=4608 groucho“In 28 years of legal practice, I have rarely seen a consumer bankruptcy do a person any good.”  so says Stephen J. Dunn of Forbes. So, it seems Mr. Dunn thinks I (picture on left) am a clown, like, say, Groucho Marx. (picture on right. Groucho was one of the great wits of all time,...

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]]> http://stopcreditor.com/consumer-bankruptcy-does-no-good/feed/ 0 Detroit Filing Bankruptcy? http://stopcreditor.com/detroit-filing-bankruptcy/ http://stopcreditor.com/detroit-filing-bankruptcy/#comments Tue, 16 Apr 2013 09:54:51 +0000 Kurt O'Keefe http://stopcreditor.com/?p=4599 buildingDESTROYEDrotate  I love Detroit.  Always have. And it is on the edge of filing bankruptcy. Cities cannot file Chapter 7 bankruptcy, and go out of existence.  They cannot file Chapter 11 or Chapter 12 or Chapter 13 bankruptcy payment plans. They can file Chapter 9 bankruptcy, and more do every month since Stockton, California filed...

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]]> http://stopcreditor.com/detroit-filing-bankruptcy/feed/ 1 Bankruptcy and 401(k) Accounts http://stopcreditor.com/bankruptcy-k-accounts/ http://stopcreditor.com/bankruptcy-k-accounts/#comments Thu, 04 Apr 2013 10:11:55 +0000 Kurt O'Keefe http://stopcreditor.com/?p=4593 images401   accounts are exempt in bankruptcy cases.  That is, you can file Chapter 7 bankruptcy, and keep the money in your 401(k) account. Creditors CANNOT GET IT. What could be better than tax free savings?  Why, tax free savings that creditors cannot grab. Yet, one in four American workers with a 401(k) account borrows...

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]]> http://stopcreditor.com/bankruptcy-k-accounts/feed/ 0 Foreclosure Crisis Relief: The Government Tries Again http://stopcreditor.com/foreclosure-crisis-relief-government-tries-again/ http://stopcreditor.com/foreclosure-crisis-relief-government-tries-again/#comments Thu, 28 Mar 2013 09:54:10 +0000 Kurt O'Keefe http://stopcreditor.com/?p=4587 IMG00030-20100208-1428We are still reeling from the foreclosure crisis that followed the pop of the real estate bubble in 2008, a crisis that bankruptcy law does not really resolve. Bankruptcy law should have been changed to allow homeowners to cram down the first mortgage to the value of the house, but, well, if I had a...

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]]> http://stopcreditor.com/foreclosure-crisis-relief-government-tries-again/feed/ 1 Chapter 11 Bankruptcy: Not Just For Corporations http://stopcreditor.com/chapter-11/ http://stopcreditor.com/chapter-11/#comments Thu, 21 Mar 2013 08:09:33 +0000 Kurt O'Keefe http://stopcreditor.com/?page_id=85 ID-100145753You hear about big companies, GM, the airlines, et cetera, filing Chapter 11 to re-organize while they keep operating. But small businesses, even individuals, can file Chapter 11. It cost more than other chapters, and there is a boatload of paperwork, but  it gives you greater control. Unless the court appoints a trustee, which is...

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]]> http://stopcreditor.com/chapter-11/feed/ 1 Bankruptcy: How Many Times Can I File? http://stopcreditor.com/bankruptcy-how-many-times-can-i-file/ http://stopcreditor.com/bankruptcy-how-many-times-can-i-file/#comments Tue, 12 Mar 2013 10:07:57 +0000 Kurt O'Keefe http://stopcreditor.com/?p=4573 photo       Well, if you are Donald Trump, you just keep filing bankruptcy.  Actually, The Donald never files, just his companies.  His casinos have filed multiple times.  But, those were all Chapter 11 bankruptcies, like the latest one linked to above. What about Chapter 7 bankruptcy?  Is it one and done? No, it is not. ...

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]]> http://stopcreditor.com/bankruptcy-how-many-times-can-i-file/feed/ 2 Can Filing Bankruptcy Get My Repossessed Car Back? http://stopcreditor.com/can-filing-bankruptcy-get-my-repossessed-car-back/ http://stopcreditor.com/can-filing-bankruptcy-get-my-repossessed-car-back/#comments Thu, 07 Mar 2013 10:20:12 +0000 Kurt O'Keefe http://stopcreditor.com/?p=4564 photo  You cannot make the payments.  One day, your vehicle is gone.  You check, find out a creditor took it. If you file bankruptcy, will you get it back? Hey, I hate to sound like a lawyer, but, maybe, probably, it depends. First, lets say you were behind on the car payments, so the creditor...

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]]> http://stopcreditor.com/can-filing-bankruptcy-get-my-repossessed-car-back/feed/ 1 Beware Michigan Bankruptcy Petition Preparers! http://stopcreditor.com/beware-michigan-bankruptcy-petition-preparers/ http://stopcreditor.com/beware-michigan-bankruptcy-petition-preparers/#comments Tue, 26 Feb 2013 11:04:07 +0000 Kurt O'Keefe http://stopcreditor.com/?p=4550 warning  Watch out!  Bankruptcy petition preparers sanctioned again by the Bankruptcy Court for the Eastern District of Michigan.  Charles Sullivan and “Rico” Tillman, or S & T, Aleia Renfro and Kenneth Scales, a/k/a Kenneth Simmons, all whacked by the Chief Judge, who found: The Respondents worked hard to hide their lucrative business. By having each...

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