Chapter 12 Bankruptcy: A Beginner’s Guide
I was recently interviewed for an article, Chapter 12 Bankruptcy: A Beginner’s Guide, on Magnify Money by Lending Tree on the things you should know about... Read More
Bankruptcy Blog
STUDENT LOANS ARE DEFAULTING AT HIGHER RATES THAN PREVIOUSLY THOUGHT
An article in the Washington Post on March 14, 2017 reported the number of people defaulting on their student loans has skyrocketed in the past... Read More
DISCHARGING STUDENT LOAN DEBT & THE BRUNNER TEST
Having your student loans discharged in a Chapter 7 bankruptcy case is very difficult; you must show that repayment would cause you “undue hardship.” Because... Read More
Farmers Facing Foreclosure May Experience ‘Double Whammy’
If you are a farmer facing foreclosure, you should know about Chapter 12 of the U.S. Bankruptcy Code. Also called a “Farm Bankruptcy,” Chapter 12... Read More
Love & Money – What to consider when filing both bankruptcy & divorce
Many times financial problems lead to marital problems. When marital problems cannot be resolved and one or both parties decide a divorce is necessary, there... Read More
UPDATE – In a Bankruptcy, Filing Your Tax Return On Time is Necessary
On August 23, 2015, we posted a short article on the decision made by the Tenth Circuit Court of Appeals in In re Mallo, 774... Read More
The New Student Loan Assistance Program – Everyday Scams
My client received a check about student loan assistance in the mail, unsolicited, for $18,000! My client is an elderly woman, in her late 70’s.... Read More
If You Want to Have a Chance to Discharge your Income Tax Liability, You Must File your Tax Returns On Time
In some circumstances, it is possible to discharge in bankruptcy certain income tax liabilities, including the taxes themselves, penalties and interest. However, in a decision... Read More