Sometimes in a Bankruptcy case, timing is everything There are lots of numbers in the Bankruptcy Code: numbers that limit filing under Chapter 13 consumer reorganizations based on the amount of debt that you owe; numbers that determine the amount of your exemptions; and numbers that determine your eligibility for a Chapter 7 filing based [...]
Compared to your home, car or retirement plan, a life insurance policy is often not your most critical asset, or first concern if you file bankruptcy. Unless something happens to you and you have dependents.
None of my clients want to file for bankruptcy. Apart from everything else, they are conditioned by people who have a vested interest in preventing bankruptcy to think that this is a bad thing for the economy. It’s not. In fact, it is a very good thing for the economy.
None of my clients