BankruptcyLawNetwork

How to file bankruptcy – What are Executory Contracts and Unexpired Leases in bankruptcy?

11/20/13

List your executory contracts and unexpired leases on your bankruptcy petition and declare your intention either to accept or to reject those contracts. Contracts that are not timely assumed are rejected and the parties are released from further performance under those contracts.

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Bankruptcy Law Turns 8

11/11/13

img_large_watermarkedLast month, on October 17th, the bankruptcy law turned 8. In 2005, the government passed the Bankruptcy Abuse and Consumer Protection Act:  BAPCPA. It became the bankruptcy law on October 17, 2005.

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Can You Afford The Cost Of Waiting?

11/10/13

Post image for Can You Afford The Cost Of Waiting?

Nearly two years passed between my initial meeting with the client and her actual decision to file bankruptcy.

Usually, that has no unpredictable consequences.

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Bankruptcy For Big Banks?

11/09/13

Hundreds of billions of bailout dollars later, the governmentbankruptBANK?

is saying sure, let the big banks go bust, Chapter 7 bankruptcy,

like any other failed business.

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