Chapter 7 Bankruptcy

When Consumers Get Notices About A Business’s Bankruptcy — When You Are Suddenly A Creditor.

03/07/18

My community was recently rocked by two businesses who were suddenly in Chapter 7 bankruptcy with unhappy clients and customers.   Chapter 7 bankruptcy for business is a very different process than when people file for

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How Bankruptcy Can Solve Your “Too Expensive Car” Problem

06/06/17

http://www.bankruptcylawnetwork.com/wp-content/uploads/repossessed-car-3... 300w" sizes="(max-width: 438px) 100vw, 438px" />Next to home mortgages, motor vehicle loans are often your most expensive purchase.

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Why I Prefer Chapter 7 Bankruptcy to Chapter 13 Debt Consolidation

05/19/17

http://www.bankruptcylawnetwork.com/wp-content/uploads/choices-300x150.jpg 300w" sizes="(max-width: 352px) 100vw, 352px" />Most folks considering bankruptcy will consider two options –

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What Happens to My Inheritance in Bankruptcy?

12/02/16

It doesn’t happen very often, but sometimes a client who needs to file bankruptcy is also in line to receive an inheritance.  Like a lot of things, what will happen to that inheritance in a bankruptcy case depends on the timing.

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U.S. Supreme Court to Hear Chapter 7 Junior Mortgage “Lien Strip” Case

03/22/15

mortgageOn March 24, 2015, the U.S. Supreme Court will hear oral arguments in two cases involving whether a chapter 7 debtor may strip off a second (or any junior) mortgage that is not secured by the home’s actual market value.

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Why Replace Chapter 7 Bankruptcy Trustees Now?

05/21/14

NowHiring-Flickr-413132671When someone leaves a job, is it always necessary to replace them?  The bankruptcy system’s watchdog seems to think so, even if that makes little sense.

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