By Jeff Field | Published September 29, 2025 | Posted in Bankruptcy | Tagged Tags: beneficial, financial, obligations | Leave a comment
What Happens To Your Timeshare Interest in a Bankruptcy?
Going through the bankruptcy process can be enormously beneficial if you find yourself unable to meet your financial obligations with no imminent relief in sight. Of course, discharging your debts through a Chapter 7 bankruptcy or establishing a repayment plan under Chapter 13 demands a thorough review of your existing assets. While many types of Read More
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Book Analyzes Data on Bankruptcy Filing Demographics and Causes Over the Last Decade
One of the biggest misconceptions people have when they’re considering filing for bankruptcy is that they’re all alone. Most of us are reluctant to discuss financial problems, even with friends and family members who are very close to us. A new book by three professors analyzes information regarding bankruptcy filings over more than a decade Read More
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Watch Out for Self-Proclaimed Bankruptcy Experts on TikTok
Reportedly 700 million videos are uploaded to TikTok each month. Much of what goes on the platform is designed to document a good time or get a laugh from the site’s users. However, there are millions of instructional and explanatory videos as well, on practically every subject. As many people rely increasingly on TikTok and Read More
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Professor Urges Passage of Federal Law to Protect Private Customer Information When Companies Go Bankrupt
Companies go bankrupt all the time, and when they do, assets can be sold so that creditors can receive payment on what they are owed. If a manufacturer has to sell inventory or fixtures as part of a Chapter 7 or 11 proceeding, it usually has little to no effect on third parties. However, for Read More
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Can You Refinance Your Home Loan While on a Chapter 13 Bankruptcy Plan?
One of the key reasons why people choose Chapter 13 bankruptcy as a debt relief solution is because it offers the opportunity to retain their homes. With the guidance of an experienced attorney, you can develop an appropriate repayment plan to be completed over a period of three to five years. This schedule allows you Read More
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Talking to Your Children About Bankruptcy
Bankruptcy can make an enormous positive difference in your life if you’re struggling with debt problems. However, there are times when it can be a difficult subject to discuss, especially with your children. Every parent wants to be a good provider and keep their children away from stressful situations, but depending on their age, they Read More
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Chapter 7 Creditors Question Former Football Star’s Glamorous Social Media Posts
You never can be sure who will see your social media posts. If you’re going through a bankruptcy, photos that you put online or comments that you publish could send the wrong message about your financial status. Now, a former football star is trying to convince his creditors that, despite how his social media feed Read More
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Chapter 7 Bankruptcy Filings Increase in First Half of 2025
Since the beginning of 2025, the news has been filled with stories related to America’s economy and the changes instituted by the new presidential administration. Though there is disagreement about the best way to proceed and we probably won’t know the true effects of new policies for quite a while, many people in the United Read More
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Are Debts Owed for Traffic Violations and Other Offenses Part of a Chapter 13 Repayment Plan?
Filing for Chapter 13 is the right option for many individuals facing financial distress despite the fact that they are earning a steady income. Many people are unable to climb out to debt on their own when a short-term job loss, medical issue, divorce or expensive repair sets them back. By developing a fair repayment Read More
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Bankruptcy and 401(k) Loans
People facing unrelenting pressure from creditors often consider a range of options. For many, bankruptcy offers the clearest path to a fresh financial start. Another option some people consider is taking out a loan against the funds in their 401(k) retirement account. Under both Chapter 7 and Chapter 13 filings, 401(k) plans are generally protected Read More
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