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September 21, 2022 Carlos Martinez Bankruptcy, Chapter 13, Chapter 7, Chapter 11

The Consequences of Bankruptcy Fraud

As of the last few months – cryptocurrency brokerage firms such as Three Arrows Capital, and Celsius Network, Ltd. filed for Chapter 11 Bankruptcy. Unfortunately for some of their customers, there...

September 19, 2022 David L. Stevens Bankruptcy, Business Bankruptcy, Business Law

Can a Foreign Citizen File Bankruptcy in the United States?

Internationally, the United States is looked at as a land of opportunities. Many come here seeking better business opportunities, educational benefits, or any other route to the American Dream....

August 18, 2022 Carlos Martinez Bankruptcy, Chapter 13, Debt Management, Chapter 7, Chapter 11

New Bankruptcy Debt Limits - What does this mean for Debtors?

On June 21, 2022, President Biden signed into law the Bankruptcy Threshold Adjustment and Technical Corrections Act (Bill S. 3823). What Bill 3823 does is it increases the Chapter 13 debt limits...

August 7, 2022 John J. Scura III Bankruptcy

Protecting IRA Accounts in Bankruptcy

July 21, 2022 Anthony Kasper Bankruptcy, Debt Management, Credit

How to File a Motion for Relief from Automatic Stay

When a person files for bankruptcy, they are beginning a complicated legal proceeding that involves multiple moving levers. Doing so creates obligations for both debtors and creditors, while also...

June 16, 2022 David L. Stevens Bankruptcy, Business Bankruptcy, Business Law, Credit

What Happens When a Company Subject to a Collective Bargaining Agreement Declares Bankruptcy?

Under the bankruptcy code, a debtor my reject certain “executory contracts” as they can be considered liabilities to the estate. What this means is that a debtor may choose to assume, or reject,...

June 16, 2022 David L. Stevens Bankruptcy, Credit

What Happens If a Bankruptcy Debtor Dies?






While it does not happen often, debtors do sometimes pass away while their Chapter 7 or Chapter 13 bankruptcy case is still pending. Those in their old age, or those attempting to discharge...

March 11, 2022 Carlos Martinez Bankruptcy, Debt Management, Chapter 7

Debt Consolidation is a Scam

A few days ago, I met a couple from New Jersey looking for financial assistance. As we went over their financial difficulties, they began telling me about this “debt consolidation program” they were...

March 11, 2022 Carlos Martinez Bankruptcy, Chapter 13, Chapter 7, tax

Can You Discharge Overpayment of Unemployment Benefits In Bankruptcy?

In March 2020, thousands of businesses were forced to shut down,many Americans were left without a job, and millions applied for unemployment benefits. According to State of New Jersey’s Department...

March 1, 2022 David L. Stevens Bankruptcy, Credit, student loans

What Does It Mean to Discharge in Bankruptcy?

Discharge in bankruptcy means to eliminate, or wipe out, a debt. Under a Chapter 7 Bankruptcy for example, unsecured debt, such as credit cards, personal loans, or medical bills, can be completely...

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