The Department Of Education and its loan servicers may tell you that all student loans can not be cancelled in bankruptcy. This is not correct. It is true that student loans that … [Read more...]
Small Business Bankruptcies In The Age Of The Coronavirus
On February 19, 2020 the Small Business Reorganization Act (SBRA) became effective. This law provides a vehicle for small businesses to reorganize under Chapter 11 of the U.S. … [Read more...]
Chapter 13 Bankruptcy Changed By Cares Act
Congress enacted the Cares Act to help Americans that are struggling due to the spread of the Coronavirus (Covid-19). One aspect of the law relates to Chapter 13 … [Read more...]
Use Bankruptcy to Reduce Your Car Payments
As a general rule the U. S. Bankruptcy Code protects car lenders. A Chapter 13 Bankruptcy plan must accommodate the car lender in one of three ways: 1) obtain the lender’s … [Read more...]
Use Bankruptcy to Strip Down your Home Equity Second Mortgage
The United States Bankruptcy Code protects home mortgages, stating that a Chapter 13 Bankruptcy Plan can not modify the rights of a lender whose mortgage is secured by the … [Read more...]
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