by Matthew Gensburg | Jun 26, 2019 | GCK on Law
BAPCPA imposed a host of new requirements on debtors, including expanded duties of financial disclosure. Under Bankruptcy Code Section 521(a)(1), a debtor is now required to file a list of creditors and “unless the Court orders otherwise,” various other detailed...
by Sandra Mertens | Jun 6, 2019 | GCK on Law
Virtual currencies such as Bitcoin and Ethereum turned 10 years old in 2018. As virtual currencies become more mainstream, governments around the globe have brainstormed ways to regulate and tax virtual currencies. Fluctuations in prices, difficulties using or...
by Matthew Gensburg | Feb 20, 2019 | GCK on Law
Section 523(a)(3) of the Bankruptcy Code states in relevant part as follows: (a) A discharge under [chapter 7] * * * does not discharge an individual debtor from any debt – * * * * (3) listed nor scheduled * * * in time to permit – (A) if such debt is not...
by Matthew Gensburg | Feb 13, 2019 | GCK on Law
An executory contract, within the meaning of Section 365 of the Bankruptcy Code, is a contract whereby “‘performance remains due to some extent on both sides.’” N.L.R.B. v. Bildisco & Bildisco, 465 U.S. 513, 522 n.6, 104 S. Ct. 1188, 1194 n.6 (1984) (quoting H.R....
by Matthew Gensburg | Feb 6, 2019 | GCK on Law
Section 303(b)(1) of the Bankruptcy Code provides in relevant part that “[a]n involuntary case against a person is commenced by the filing with the bankruptcy court of a petition under chapter 7 or 11 of this title – (1) by three or more entities, each of which is * *...
by Matthew Gensburg | Dec 11, 2018 | GCK on Law
Section 523(a)(3) of the Bankruptcy Code states in relevant part as follows: (a) A discharge under [chapter 7] * * * does not discharge an individual debtor from any debt – * * * * (3) listed nor scheduled * * * in time to permit – (A) if such debt is not...
