People who are facing mortgage foreclosure routinely ask me if they can get their house payment lowered by filing bankruptcy. This question highlights a common misconception of bankruptcy law, and may be the result of news articles dealing with ... Read full article
NACBA (National Association of Consumer Bankruptcy Attorneys) responded this weekend to the government’s latest approach to the foreclosure crisis with what many people are calling the Principal Paydown Plan. Rather than turn the United States into a ... Read full article
A Chapter 7 bankruptcy may provide a person inundated with debt some relief. A Chapter 7 bankruptcy gives the debtor an opportunity to liquidate certain assets in exchange for a discharge from debts owed. Creditors included in the bankruptcy will be ... Read full article
When a business is struggling to meet its debt obligations filing for Chapter 11 bankruptcy may provide some relief. Chapter 11 allows businesses the opportunity to restructure their debt without having to liquidate any of their assets. Furthermore, as ... Read full article
