Many people who would potentially benefit from a bankruptcy filing choose not to file or wait until they truly have no other options. They may waste thousands of dollars on fees and interest charges because of their delay. Yet, their hesitation is often...
Cherry Hill Bankruptcy Blog
Filing for personal bankruptcy is a decision that individuals generally make out of absolute necessity. Perhaps they have lost their job and have started falling behind on their monthly obligations. Maybe they have a health issue that leaves them unable to work and...
Can chapter 13 be used to save an inherited home from foreclosure when the deed has not yet been transferred? The answer is yes.
Does the Landlord have any claims against a Commercial tenant that files chapter 11 and rejects the lease? The answer is yes.
However, the typical adult considering bankruptcy is an otherwise responsible individual whose finances have shifted. Successful professionals who earn competitive salaries are among those with the highest levels of revolving credit card debt in the United States and, therefore, are among those most likely to file for bankruptcy.
In any event, the new owners filed another Chapter 11 in December 2022.
While they seem beneficial on paper, consolidation loans can often do more harm than good.
what can you do if you have a smaller business that is owed money by the Chapter 11 business. There are actually a number of steps that you can take to help maximize your recovery
Two main factors come into play in determining how much the payments will be. The Debtor’s disposable income and the nonexempt equity in the Debtor’s property.
The length of that waiting period depends on the type of bankruptcy they filed before and the type of bankruptcy they want to file this time.