Supreme Court Issues Decision Addressing Retention of Debtor Property

Admin on February 28, 2021 Posted in Bankruptcy Law, Blog

The Supreme Court of the United States recently examined whether a creditor is required to turn over property of a bankruptcy estate to a debtor or trustee under the Bankruptcy Code’s automatic stay provision if the creditor lawfully possessed the property before bankruptcy was initiated and only passively possessed the property afterward. In this case, […]

Should I File for Bankruptcy During the Pandemic or Wait?

Admin on November 30, 2020 Posted in Blog, Chapter 7 Bankruptcy

The bankruptcy process is available to both consumers as well as businesses that cannot pay their debts and want to find a way to regain control of financial obligations. Consumer bankruptcy often takes one of two forms. Chapter 7 bankruptcy involves the liquidation of a person’s non-exempt assets into funds that are used to pay […]

Buying a House While in Chapter 13 Bankruptcy

Admin on August 30, 2020 Posted in Blog, Chapter 13 Bankruptcy

Despite the economic downturn brought on by the coronavirus pandemic, low mortgage rates remain an attractive option for many people considering buying a house. Even if you are in the middle of a Chapter 13 bankruptcy repayment, you might still be able to obtain a mortgage loan and buy a new home. While there are […]

What to Ask Your Lawyer Before Filing for Bankruptcy

Admin on November 22, 2019 Posted in Blog, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy

Financial difficulties can leave you uncertain about what to do next. While bankruptcy is one of the best ways to take control of your finances, the bankruptcy process can be complex and intimidating for many, which is why the assistance of an experienced bankruptcy lawyer is necessary.    There are several important questions to ask […]

Three Tips for Handling Stress During Bankruptcy

Admin on June 13, 2019 Posted in Blog, General Bankruptcy

While money certainly cannot solve every problem that arises in the world, lack of it can cause a number of negative feelings including sadness and stress. Some people put off filing for bankruptcy because they worry about the stress and struggle that may result. During this critical time it is helpful to remember that the […]

What Not to do When Considering Filing for Bankruptcy

Admin on March 29, 2019 Posted in Bankruptcy Law, Blog, General Bankruptcy

If you have overwhelming debts and are experiencing constant harassment from bill collectors, it is understandable that you would want to seek relief in filing for bankruptcy. Before entering this process, however, it is critical to ask yourself if you are actually ready to file for bankruptcy or if it might be a better idea […]

Obamacare and Bankruptcy Filings

Admin on April 18, 2018 Posted in Bankruptcy Law, Blog

The Affordable Care Act, better known as Obamacare, sparked and continues to spark debate. Its controversial passing and subsequent legal action triggered conversations between scholars and laymen alike. One fact about Obamacare is that it tracks a downward push of bankruptcy filings. The question becomes whether Obamacare is causal with respect to the slide in […]

Toys R Us Closing

Admin on March 26, 2018 Posted in Bankruptcy News, Blog

The Toys R Us bankruptcy, along with the bankruptcy of its sister store Babies R Us and parallel bankruptcy proceeding in Canada for its Canadian subsidiary, shocked the market. Not so much because a store with a strong brick and mortar presence filed for bankruptcy, but because its sheer sales numbers were not enough to […]

Discharge Injunction Violation

Admin on March 8, 2018 Posted in Bankruptcy Law, Blog

Perhaps you are a consumer who is facing mountains of debt. The debt load does not allow you to rest. You cannot eat, sleep, or perform normally routine activities because you are overwhelmed by debt. Some days you prefer to just stay in your bed because of the debt. You borrowed money from everyone you […]

Foreign Nationals Filing for Bankruptcy

Admin on June 19, 2017 Posted in Bankruptcy Law, Blog

Internationally, many people view the United States of America as the land of opportunity, where anyone has the chance to obtain wealth. Many immigrants have come to these shores with nothing but the clothes on their backs and have succeeded at achieving the American dream. Millions of illegal immigrants have come to this country, as […]