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Modifying a Chapter 13 Repayment Plan

If you’re already in the process of completing a Chapter 13 bankruptcy repayment plan, you know how hard it was to get to this point. Also, you recognize the importance of addressing your financial issues in a way that will set you up for future success.

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Will a Personal Bankruptcy Negatively Affect My Business?

There’s never an ideal time to file for bankruptcy, regardless of your situation. It will always be a hard decision where you’ll have to weigh both the costs and benefits carefully. This becomes especially difficult if you’re considering filing as an individual but wonder, “Will bankruptcy negatively affect my business?” or “How can I protect my business during personal bankruptcy?” These are important questions to answer, and it can be incredibly helpful to meet with a bankruptcy attorney for advice.

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How Bankruptcy Affects Tax Returns

Bankruptcy is among the promising solutions to achieve debt relief when facing financial hardship. Depending on the bankruptcy chapter you're filing for, the trustee will use the net proceeds from the sale of nonexempt assets or your disposable income to offset your debts and pay your creditors.

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When Is Filing Bankruptcy a Good Option?

Individuals, families, and businesses that are facing financial hardship may be able to seek debt relief through bankruptcy. However, before you file, evaluating your current financial situation and understanding your different available options is crucial to making informed decisions. A knowledgeable bankruptcy attorney in your area can enlighten you about when filing a bankruptcy petition may be the ideal option for you.

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How Will Bankruptcy Affect Me in the Workplace?

With prices of everyday items increasing faster than everyday people’s salaries, accruing debt is easier now than ever before. If you’ve fallen behind on payments, it's fair to feel lost or confused about what to do.

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New Guidelines on Student Loan Discharge in Bankruptcy

For those seeking to discharge their student loan obligations (along with other debts) through bankruptcy, it can be a difficult process. The bar to doing so has long been high and hard to achieve.

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Documents You Will Need to Submit to File for Bankruptcy

When going through financial hardship, filing for bankruptcy is among the promising options to achieve debt relief.

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Hiding Assets in Bankruptcy

QUESTION: What do former baseball star Lenny Dykstra and TV “Real Housewife” Teresa Giudice have in common? ANSWER: They both committed bankruptcy fraud and served time behind bars.

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The Differences Between Chapter 7 & Chapter 13

Bankruptcy is all about the numbers. There is the amount of money you owe, the amount of income you earn, and the amount of money it will take to satisfy your debts. Even the names of different categories of bankruptcy are numbers: Chapters 7, 9, 11, 12, 13, and 15. Especially if you don’t have a head for numbers, it can all get quite confusing.

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COVID Student Loan Forbearance

The COVID-19 pandemic has affected nearly everyone in some way or another. Whether it took a toll on your family’s health, or hurt your pocketbooks due to businesses closing down, there’s no doubt that as a country—and as a global community—we’re still digging out from the havoc the pandemic caused. Fortunately, there are several federal and local assistance programs that have started up to help citizens through this time, and one of the most helpful is the COVID forbearance period for paying back student loans.

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