The Great Recession More Than Wipes Out a Quarter-Century of Gains Made by Blacks and Hispanics in Household Wealth
I had no idea that the recession had such a much worse impact on minorities. The gap in median household wealth between whites and each
What Happens to Your “General Unsecured Debts” in Chapter 7?
Your “left-over debts”–those which are neither secured by collateral nor belong to any of the special “priority” categories–often don’t drive the decision about whether to file Chapter 7 or 13. But you still need to know how these “general unsecured debts” are handled under these two options.
The Most Basic Concept in Bankruptcy: Debts
The most practical questions you likely have if you are considering bankruptcy is what it will do to each of your debts.
The U. S. Trustee–The Behind-the-Scenes Bankruptcy Administrator and Hope-You-Never-Meet Enforcer
I know who my bankruptcy trustee is, but now who is the ”U. S. Trustee”? You’re about to file a Chapter 7 or Chapter 13
The Chapter 13 Trustee–A Trustee of Many Hats
Your Chapter 13 trustee plays a huge role in the success or failure of your Chapter 13 case. Except he or she actually has at
A Big Benefit to Owing Lots of Business Debt: Skip the “Means Test” and Qualify for Chapter 7
If you owe more business debt than consumer debt, then you can avoid not only the “means test” but also some other roadblocks to a successful post-business Chapter 7 bankruptcy case.