• February 24, 2021

    Chapter 10 Bankruptcy

    What is Chapter 10 Bankruptcy? Chapter 10 bankruptcy could soon be a reality.   This new bankruptcy chapter will replace Chapter 7 and Chapter 13 bankruptcy under the newly proposed Consumer Bankruptcy Reform Act.   If Chapter 10 is adopted, you will be able to file a single Chapter where you can choose to either clear out […]

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  • February 9, 2021

    Unemployment and Bankruptcy

    Unemployment and bankruptcy frequently go together.  A sudden drop in income can destroy a household budget, making it impossible to make debt payments.   Bankruptcy can quickly become the only viable solution for debt problems if a period of unemployment lasts months or even years. Unemployment is the Highest Cause of Bankruptcy In fact, unemployment is […]

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