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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. §…
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…