Category Archives: Bankruptcy

November 1, 2020 Census Bureau Median Family Income Released

Posted on October 22, 2020 by Kevin Gipson, Attorney at Law

The United States Census Bureau has released the Median Family Income amounts effective on November 1, 2020. The income amount is used as the starting point to determine whether a Debtor’s income is high enough to require them to file … Continue reading →

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Rapper 50 Cent Bankruptcy Update!

Posted on February 27, 2016 by Kevin Gipson, Attorney at Law

I previously posted about the Chapter 11 Bankruptcy filing of Rapper 50 Cent. Since the filing, 50 Cent has posted three photographs of himself with large sums of money.  In one photo, 50 Cent is seen sitting on the floor … Continue reading →

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Rapper 50 Cent Files For Bankruptcy!

Posted on February 23, 2016 by Kevin Gipson, Attorney at Law

  The Rapper, Curtis “50 Cent” James Jackson III, filed for bankruptcy in the United States Bankruptcy Court for the District of Connecticut. 50 Cent filed a Chapter 11 bankruptcy following a New York jury award in an Invasion of Privacy lawsuit. … Continue reading →

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Bankruptcy Filing Fees Increase

Posted on May 8, 2014 by Kevin Gipson, Attorney at Law

The cost of getting out of debt is going up. The Judicial Conference of the United States has approved a$29.00 increase in the administrative fee charged to an individual when they file for bankruptcy.  The fee, which is currently $46.00, … Continue reading →

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Can A Debt Collector Have Me Put In Jail?

Posted on April 18, 2014 by Kevin Gipson, Attorney at Law

The headline reads:  “Court Halts Debt Collector’s Allegedly Deceptive and Abusive Practices“. The Debt Collectors in question portrayed themselves as representatives of the government by using company names that suggested a government affiliation or national presence, such as Federal Recoveries, … Continue reading →

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Jacoby & Meyers Bankruptcy, LLC: They Went Broke Too!

Posted on March 19, 2014 by Kevin Gipson, Attorney at Law

The law firm of Jacoby & Meyers  which calls itself “America’s Largest Full Service Law Firm” no longer offers bankruptcy services with the filing of an involuntary bankruptcy by its’ creditors. The Involuntary Petition for Chapter 7 bankruptcy was filed on March … Continue reading →

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Vince Young Files For Chapter 11 Bankruptcy

Posted on January 23, 2014 by Kevin Gipson, Attorney at Law

Former NFL Quarterback Vince Young has filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Southern District of Texas. The bankruptcy case was filed on January 14, 2014 in the Houston based bankruptcy court and bears … Continue reading →

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Federal Bankruptcy Courts To Stay Open For A Few More Days

Posted on October 10, 2013 by Kevin Gipson, Attorney at Law

The Government Shutdown is now 10 days old. In a recent article that I wrote for the Bankruptcy Law Network I discussed how the bankruptcy courts will be impacted by the government shutdown. In its initial statement regarding the possible shutdown … Continue reading →

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Tropical Storm/Hurricane Isaac Closed New Orleans Bankruptcy Court

Posted on August 27, 2012 by Kevin Gipson, Attorney at Law

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

Posted on August 29, 2011 by Kevin Gipson, Attorney at Law

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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