Law Office of Robert Chang

07/20/2022

https://www.newyorker.com/news/us-journal/prenups-arent-just-for-rich-people-anymore

Younger Americans, especially, have found their own use for prenuptial agreements: protecting their spouses from the worst impulses of the American debt-collection system.

07/17/2022

Jeff Bezos is splitting up with his wife—which means they have an estimated $137 billion in assets to divvy up.

07/16/2022

A bit late but Phillip Burton Federal Court had an API heritage month display when I went for a tax hearing last month in June. Also, they have a gym because why not.

10/14/2021

Loan Forgiveness Fixes

The US Department of Education recently announced significant changes to a federal student loan forgiveness program that aims to help government and nonprofit workers but has failed in many cases to deliver on its promise of debt relief.

08/29/2021

08/12/2021

Proposed bill in Congress would allow a federal student loan discharge ten years after the first payment was due.

There's a bipartisan effort underway to overhaul the student loan system by making bankruptcy more accessible for student debtors.

07/22/2021

Bankruptcy Court recently ruled that avoidance powers would have to benefit creditors and not just the Debtor (In re U.S. Glove, Inc., No. 21-10172-T11, 2021 WL 2405399 (Bankr. D.N.M. June 11, 2021).

01/27/2021

We're still doing appointments virtually and taking cases. We are sometimes in the office, but unfortunately, you're not allowed inside. Call us or send a message to set up a free consultation!

01/27/2021

Ten days ago, on January 14th, 2021, the Supreme Court issued a decision regarding the automatic stay provision in §362(a)(3) in the case Chicago v. Fulton. The issue was whether property acquired before the filing of the bankruptcy would have to be automatically returned to the estate of the debtor, which can be the debtor himself or herself. Generally, property acquired ninety days before the filing of the petition is considered a preferential transfer....

Ten days ago, on January 14th, 2021, the Supreme Court issued a decision regarding the automatic stay provision in §362(a)(3) in the case Chicago v. Fulton. The issue was whether property acquired …

12/09/2020

Possibly some of the most sweeping reforms to bankruptcy law since 1978, including student loan debt dischargeability.

Joe Biden has adopted the Warren bankruptcy plan to his platform which, if he’s elected, will have a huge impact on corporate debt and business practices. This article outlines what’s on the table under the Warren plan and how reforms will likely shake out come January if the Democrats win the W...

10/01/2020

One of the frustrations for Debtor's attorneys is the nondischargability of tax debt where the return was filed late. It has been a much criticized practice that bankruptcy courts on the circuit level have generally prohibited discharging (i.e. eliminating) debt that has been filed late, even by one day. In the Ninth Circuit, where I practice, there has been a recent Bankruptcy Appellate Panel ("BAP") decision that allows the discharge of late filed returns. [ 166 more words ]

One of the frustrations for Debtor’s attorneys is the nondischargability of tax debt where the return was filed late. It has been a much criticized practice that bankruptcy courts on the cir…