BankruptcyLawNetwork

Social Security benefits are well protected in bankruptcy.  And that often means they’re protected even from Social Security.

Are you trapped in Chapter 13 like this insect in amber?

Frozen in time and place til the end of the plan?

Full of anxiety,  my client reported good news.

I’ve got this business opportunity that might net me $15,000. 

Did you know that your time in Chapter 7 is an ideal time to negotiate extremely favorable buy outs or payment terms for secured debts?  Because you have the option to surrender secured collateral that may have lost significant value, secured creditors are usually willing to accept pennies on the dollar.