• Phone: 770-321-1515
  • Fax: 770-579-3696
  • Email Us

Dianna McDaniel

2265 Roswell Road
Suite 100
Marietta GA 30062 U.S.A. View Map

Bankruptcy

Setoffs in Bankruptcy
Setoff is an equitable right of a creditor to deduct a debt it owes to the debtor from a claim it has against the debtor arising out of a separate transaction. The Bankruptcy Code is not an independent source of law that authorizes a setoff; it recognizes and preserves rights that exist under non-bankruptcy law. More...
Discharge of Indebtedness
Discharge of indebtedness is the process by which a Chapter 7 debtor eliminates a debt during bankruptcy proceedings. A creditor or lender cannot collect a debt that has been discharged. More...
Disclosure Statements
Debtors must report assets, liabilities, contested claims, and other business affairs. The purpose of these disclosures is to allow creditors an opportunity to evaluate proposed plans. Disclosure statements must contain "adequate information." The specific information required is determined on a case by case basis by the court and may include any information which the court deems reasonable and necessary for parties in interest to reach informed decisions before voting on plan confirmation. More...
Case Closing and Reopening
Bankruptcy Case Closing Defined More...
Disposable Income in Chapter 12
If a trustee or a holder of an unsecured claim objects to the plan, the court cannot approve the plan unless the plan provides that all of the debtor's projected disposable income to be received during the plan will be applied to make payments under the plan. It is significant to understand that an objection by the mentioned parties must be made for the court to consider this requirement. More...

This web site is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship. Dianna McDaniel website is powered by LexisNexis® Martindale-Hubbell®. || Sitemap