Filing for Chapter 13 bankruptcy allows you to deal with your debt in two ways, by coming up with a reorganization plan to pay off some of your debts while a bankruptcy judge discharges the rest, relieving you of the obligation to pay it. You might wonder, however,...
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Chapter 7 Bankruptcy
Will I lose my home to bankruptcy?
Filing for bankruptcy can be an emotional time, which makes understanding the details of the process vital. It is likely you have many concerns on your mind as you go through this process, and sorting the fiction from fantasy can be daunting. For instance, many people...
Temporary Changes in Bankruptcy Law Due to COVID-19
In March of 2020, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was passed, with a historic $2.2 trillion of economic stimulus aide, to try to offset the social and economic damage inflicted by COVID-19. Along with so many other changes for most...
Business Bankruptcy Alternatives
If your business is currently facing financial difficulties that it cannot handle on its own, it may be time to consult a corporate bankruptcy lawyer. While bankruptcy will have a significant impact on your business, it may be the only way to move forward. Types of...
How to File for Bankruptcy
If you have overwhelming debt or financial obligations, it may be time to file bankruptcy. If you’re not sure how to file for bankruptcy or whether it’s right for you, a personal bankruptcy lawyer can help you. When to Consider Bankruptcy Bankruptcy may be your best...
Out-of-Court or Non-Bankruptcy Debt Workouts
The decision to file for bankruptcy is a major one for both individuals and businesses. Depending on the amount a debtor owes, the debtor’s status as an individual or a business entity, and the debtor’s creditors all influence a debtor’s options for debt relief and...