Tuesday, March 13, 2012

Rimel Retire's while Clement joins the Eastern District

Frederick E. Clement has been sworn in to take the place of U.S. Bankruptcy Judge Whitney Rimel. A Eastern District Bankruptcy Court Judge who will be missed greatly.

Frederick Clement has been practicing law since 1993 in Redding, California. Mr. Clement is reportedly "looking forward to his new job", but "loves the Redding area and will miss it." Rightfully so, Mr. Clement has been a resident of Redding for over 20 years. He is expected to take chambers in Fresno for his 14-year (renewable) term.

He is a certified specialist in all areas of bankruptcy law and represents individuals and businesses with debt problems before federal and state courts. His resume says he has litigated in state courts, handling business and real estate disputes, and he has been involved in a large number of bench trials and two multi week jury trials.  With seven judges, the U.S. Bankruptcy Court for the Eastern District of California is the fifth busiest bankruptcy court in the nation but it sounds like Mr. Clement has the experience to fill the shoes of an outgoing, fair and competent Judge.

To file a bankrutpcy case in the Eastern District of California or for any further information, please feel free to contact our Fresno Bankruptcy Attonreys

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Tuesday, March 6, 2012

Bankruptcy Abuse Prevention and Consumer Protection Act, 2005 - February 29, 2012

There is an unfortunate truth in the article on NACBA's website about the 2005 bankruptcy law changes and how they effect debtors. The press from these changes made many people think it was impossible for them to seek bankruptcy relief. 

In 2005, Congress passed the Bankruptcy Abuse Prevention and Consumer Protection Act. The idea of this law was to stop people who were thought to be "abusing" the system. The article reports that a study (done by the American Bankruptcy Institute) found that "the law has served only to drive up the costs to the consumer debtor, and changes in creditor returns have been statistically insignificant." NACBA states that the price for Chapter 7 Bankruptcy has risen 40% and Chapter 13 has risen 25% from 2005. However, it is still possible to seek the relief needed to gain a fresh start.  The new law may have made the filing process more complex but Bankruptcy offices such as The Law Office of Timothy Springer specialize in handling Bankruptcy cases and stay up to date on laws and requirements to insure a smooth transaction made as simple as possible for the debtor. Visit their website, or call today, (559) 225-3622, for more information on how bankruptcy can help you.

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