Author Archives: Kevin Gipson, Attorney at Law

About Kevin Gipson, Attorney at Law

I am an attorney licensed in all State and Federal Courts in Louisiana. I practice in the Greater New Orleans Area and work with Consumers to help them with their debt problems. My primary areas of practice are Chapter 7 and Chapter 13 bankruptcy and Student Loan Law.

Can I Get Rid Of My Medical Bills By Filing For Bankruptcy?

    One of the three major reasons people file for bankruptcy is unpaid medical bills, the other two being job loss and divorce. Until recently, it was a common practice for hospitals and other health care providers to accept partial, … Continue reading

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Can I Get Rid Of A Judgment In A Bankruptcy?

Can I get rid of a judgment in a bankruptcy?  The answer is that it depends. A judgment is an decision by a court.  This occurs after a lawsuit has been filed, you have been served with the suit, and … Continue reading

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Bankruptcy Stay Stops Debt Collection!

When you file a bankruptcy, the filing acts to stop all collection proceedings against you while you are in bankruptcy.  This is true whether you file a Chapter 7 or a Chapter 13 case. The act that stops collection is … Continue reading

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They Went Broke Too: Former CSI Star Gary Dourdan!

Former CSI TV Star, Gary Dourdan filed for Chapter 11 bankruptcy in the bankruptcy court for the Central District of California on August 30, 2012. Dourdan’s filing indicated that he had $1.8 million in assets, but owes his creditors approximately $1.73 … Continue reading

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Tropical Storm/Hurricane Isaac Closed New Orleans Bankruptcy Court

As a result of Tropical Storm/Hurricane Isaac, The United States Bankruptcy Court for the Eastern District of Louisiana  has announced that it will be closed on Monday, August 27 at noon through Thursday, August 30, 2012 at noon. All matters before … Continue reading

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Bankruptcy Court Orders Wells Fargo To Pay $3,171,154.00 In Punitive Damages In Jones v. Wells Fargo Case!

Judge Elizabeth Magner, Chief Judge of the Bankruptcy Court for the Eastern District of Louisiana has ordered Wells Fargo to pay $3,171,154.00 in punitive damages to Michael Jones in the Jones v. Wells Fargo Home Mortgage, Inc. case.  The judgment … Continue reading

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Elizabeth W. Magner Appointed Chief Judge of New Orleans Bankruptcy Court

On August 23, 2011 the United States Bankruptcy Court for the Eastern District of Louisiana announced that Judge Elizabeth W. Magner has been appointed as Chief Judge of the Court. Judge Magner’s appointment is effective September 1, 2011. Judge Magner … Continue reading

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IRS Form 1099C And Bankruptcy

You filed a bankruptcy and you have now received a 1099C from a creditor.  It shows that the debt you had with that creditor is income. Do you have to pay taxes on the amount shown on the 1099C? The … Continue reading

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Failure To Report Assets In Bankruptcy Can Result In Jail Time And Fines!

When you file a bankruptcy you must tell your attorney about all of your assets and debts.  In fact, several of the documents that you sign when filing a bankruptcy advise that your bankruptcy can be dismissed without a discharge, … Continue reading

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Census Bureau Releases 2011 Bankruptcy Median Family Income Guidelines

The Census Bureau has released the latest Median Family Income guidelines.  The Median Family Income is used as the first step in determining whether or not a person can file a Chapter 7 Bankruptcy. If the person’s median family income … Continue reading

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