Course Category: Statement of Intent

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BK 111: Statement of Intent

Statement of Intention. Every Chapter 7 debtor must file a statement of intent with respect to the retention or surrender of property securing a creditor’s interest.  11 U.S.C. § 521(a)(2).  For any encumbered asset debtor intends to retain, the debtor must state whether the debtor intends to reaffirm the debt or redeem the property.  11 U.S.C. §…
Schaller Bankruptcy Masterclass

BK 118: Bankruptcy Case Study 4 – John Kennedy

Bankruptcy Case Study 4 – John & Jacqueline Kennedy The Schaller Bankruptcy Master Class provides five full-feature bankruptcy case studies. Each case study contains a fictitious client(s) filing for Chapter 7 bankruptcy relief. Some case studies involve an individual and some studies involve married people. Each study starts with a…