The Huge Advantages of Dealing with “Priority” Debts in Chapter 13
Chapter 13 is usually a much better tool than Chapter 7 for tackling priority debts. In my blog on Tuesday, April 17, I showed how
Protecting Yourself When Your Business Has to Throw in the Towel
If you’re seriously considering closing down a struggling business, you are likely very concerned about personal damage control: how do you end the business without being pulled down with it?
Do I Have Any “Priority” Debts and Why Are They Such a Big Deal?
As you likely know, all your debts are not treated equally in bankruptcy. Most debts can be discharged (legally written-off), but some can’t, or can
Your Sole Proprietorship Business Rescued by Chapter 13
Do you have a small business in your own name that would be successful if it only got a break from its debts? A Chapter 13 case would likely greatly reduce both your business and personal monthly debt service while you continued to run your business.
Is the Home Affordable Refinance Program (HARP) 2.0 New and Improved Enough to Help YOU?
Under new rules coming on line, HARP is now available for refinances no matter how far your home is underwater. The 125% loan-to-value cap is no more.
Does availability of credit increase or decrease bankruptcy filings? Both!
Do more people file bankruptcy when credit is available, or rather when credit gets squeezed? Law Professor Robert Lawless argues: “The long-term growth in U.S.