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News and Announcements January 11, 2010 - New Hope releases Bankruptcy2010 The first release of Bankruptcy2010 was today. New Hope anticipates several updates in the first half of the year as new means test figures are soon to be released by the IRS. On April 1, 2010, all the dollar amounts cited in 11 USC will have their triennial inflation adjusted increases. November 2009 - New Rules and Forms in Effect December 1 Form B201 has been abrogated and replaced with a B 201A, and B 201B. A new Exhibit D shows the new deadlines under the revised Bankruptcy Rules. October 2009 - New Median Incomes New median incomes become effective November 1, 2009. New Hope releases build 742 in mid October so that users can have the choice of filing now, or holding off until the new medians become effective. July 2009 - CM-ECF 3.3.2 The Administrative Office of the U.S. Courts is releasing version 3.3.2 of CM-ECF over the summer. This release changes the login methods used by CM-ECF and will require attorneys to use updated versions of their petition prep software. June 2009 - Bankruptcy Filings now over 6000 per day According to the latest numbers from Automated Access to Court Electronic Records (AACER), May bankruptcies hit the 6000 per day average. At that rate most experts expect that we will see 1.5 million cases for 2009, a number that is where filings were prior to the 2005 Bankruptcy Reform legislation. April 2009 - California Eastern Accepts CM-ECF "case upload" files The California Eastern bankruptcy court, which is the only one out of 94 courts to have its own proprietary e-filing system (e-CalWebFiling), modified their system to accept the national standard "case upload" (debtor.txt) file in lieu of manually typing in the 71 data fields now required by CM-ECF. (Although California Eastern uses CM-ECF for case management, they do not use the "ECF" portion of CM-ECF, preferring instead their own eCalWebFiling database. March 2009 - CM-ECF Version 3.3 Version 3.3 went into effect nationwide at the end of March. Version 3.3 requires uploading to the court a total of 71 data fields, more than double required by the previous version of CM-ECF. These fields contain data that the Clerk and the Attorney General are required to submit to Congress under Title 28 of the United State Code as a result of the 2005 Bankruptcy Abuse Prevention and Consumer Protection Act. March 2009 - New Mexico Accepts CM-ECF Case Openings by Attorneys Although the court never knew it, Bankruptcy2009™ users have been filing cases through Direct Upload™ without problems for over a year. In March, because of the need to submit new EOUST statistics, the New Mexico Bankruptcy Court officially authorized the use of petition preparation software for e-filing cases. New Hope Software, Inc. Releases Bankruptcy2009 for Virtual Bankruptcy Assistants Seattle, WA (PRWEB) April 10, 2009 -- New Hope Software, Inc., a pioneer in providing bankruptcy software to attorneys since 1991, announced today the release of their Virtual Bankruptcy Assistant version of Bankruptcy2009. Bankruptcy2009, the most user friendly and feature rich piece of bankruptcy software in the industry, will immediately be available to all virtual bankruptcy assistants at no cost. With the costs of bankruptcy preparation skyrocketing after Bankruptcy Reform in October, 2005, many attorneys sought to compensate for the reduced number of filings and higher costs by outsourcing bankruptcy preparation to independent contractors. As a result a new profession was born overnight - that of the Virtual Bankruptcy Assistant (VBA). The advantage of VBA's to the attorney is that (s)he can have the assistance of a highly trained bankruptcy paralegal, but only pay for that service when needed. Since VBAs are independent contractors there are no ongoing overhead costs - attorneys only pay for the services they receive and only when they have a "live" client. The advantage to the VBA is that she is no longer limited to working for a single attorney. Working from home, a VBA can work for as many different attorneys as he or she has time to support. Because of the internet, and the ease with which Bankrupty2009 makes working off-site, a VBA can be located anywhere there is an internet connection thereby servicing attorneys anywhere in the world. The VBA is no longer limited by the marketing abilities of his or her "boss" or the area in which (s)he lives. VBAs can then leverage their expertise and earn their true potential by working "virtually" anywhere. VBAs do not have to purchase their own license to Bankruptcy2009. Any VBA is free to use Bankruptcy2009 provided their client, the bankruptcy attorney, is a licensed user of Bankruptcy2009. No additional costs for extra workstations or VBA's is necessary. Bankruptcy2009 includes several features unique to the VBA practice which allow VBAs to store multiple user profiles and change settings with just a mouse-click. A free demo download of Bankruptcy2010 is available here. New Hope Software, Inc. Releases Bankruptcy2009™ Bankruptcy Software to help Attorneys with Upcoming Flood of Consumer and Small Business Bankruptcies Seattle, WA (PRWEB) January 29, 2009 -- New Hope Software, Inc. (http://www.bankruptcysoftware.com), a pioneer in providing bankruptcy software to attorneys since 1991, announced today the release of Bankruptcy2009™. Bankruptcy2009™, the most user friendly and feature rich piece of bankruptcy software in the industry, will immediately be available to all attorneys for use in Chapters 7,9,11,12,13 and 15. Due to the worsening financial crisis in the United States, consumer and small business bankruptcies are expected to rise to dramatic heights. To meet the needs of a growing number of bankruptcy cases, many attorneys from different fields are beginning to file bankruptcies for the first time. Frederick Rogovy, President of New Hope Software, Inc, and a former bankruptcy attorney is thrilled with the release of the newest version of bankruptcy software to assist new and existing attorneys in the field of bankruptcy. "We have been sculpting the perfect bankruptcy software program for the last 18 years. With every new release, our goal is to make the process for an attorney less painful, while allowing him to do the best job for his client.", remarks Rogovy. "Bankruptcy reform has been proposed as a major component of the Obama administration's economic agenda to assist homeowners. We expect to see substantial increases in the number of people seeking debt relief over the next few years." Bankruptcy2009™ includes many new features designed to streamline the process that bankruptcy lawyers go through to file a case. It is the only attorney written and supported bankruptcy program and the only one with real time previewing. It has the most full featured and integrated custom form editor and plan generator. It includes numerous due diligence features, for tax transcripts and valuations as well as integrated connections to several prominent third party vendors of financial management and credit counseling services that are now a required part of Bankruptcy Reform. It has built-in exemptions for every state in the country as well as built-in means test calculations for every county in the United States and territories. Bankruptcy2009™ fully supports the Rapid Import online questionnaire in Spanish and English. A free demo download of Bankruptcy2010 is available here. December 19, 2008 New Form 22a If your version is 4.4.5 or less, you do not have the latest Petition, Form 22a. Select Help/Check for updates... to get the latest version. Other December, 2008 Forms Besides the aforementioned Form 22a, several other forms, in particular the Statement of Intention, changed on December 1, 2008. |
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