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"Virginia Bankruptcy Advice"
Judges, clerks, and court personnel are prohibited to offer legal opinions to any interested party, whether
debtor, creditor, secured party, or attorneys. Lay persons who are not licensed by the state bar are also
prohibited to practice law, and may be subject to prosecution for barratry.
| Be aware that filing bankruptcy is a legal proceeding which affects the rights of debtors,
creditors and other parties in interest. 28 U.S.C. §955 prohibits a clerk's office and staff to offer
information to parties involved which may be characterized as legal advice. |
On March 5, 2004 the Virginia Bankruptcy Courts adopted newly adjusted dollar amounts which apply throughout
the Code. The changes became effective April1, 2004. The adjusted amounts affect the values throughout carious
Code sections, including the eligibility requirement for debtors who file Chapter 13, the value of claims which
the Code treats as a priority claim, the amount of creditor claims need to instigate an involuntary petition,
and the amount of luxury goods and services which may be considered nondischargeable if acquired within 30 days
of filing. These changes to Virginia bankruptcy law were based on the Consumer Price Index published by the US
Dept. of Labor, and increase values to reflect rising prices. These changes became mandatory every three years
beginning in 1994.
Back to Virginia Bankruptcy Court words & phrases.
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