Blog , Chapter 13 Bankruptcy , Employment in Bankruptcy
We recently saw a situation where the debtor opted to file under Chapter 13 because of a problem qualifying for a Chapter 7 discharge. That problem was that the debtor’s income exceeded $130,000 per year. After the Chapter 13 Plan was confirmed, the debtor lost his job. His attorney amended the plan to reduce the […]
Read MoreBlog , Business Debt , Chapter 11 Bankruptcy , Farm & Industrial , Financial Problems
The odds are, your small business won’t be around 5 years from now. About half of all the businesses that started this year will close their shutters within 5 years later. Why do all these businesses fail? Both studies and common knowledge suggest many reasons. Including: changing economy, new or unanticipated competition or unforeseen disasters. […]
Read More
“I would like to thank you and your staff for all the help throughout our bankruptcy, especially Jeff and Liz. My wife and I were going through some difficult times and we were not sure of our options, you and your staff made us feel at ease with all the information that was given to […]
Read MoreBlog , Children & Heirs , Debt Collection
The biggest mistake people make when lending money to family or friends is a failure to plan. They fail to consider the likely outcomes if the loan is not repaid as promised. Not being paid by anyone makes us angry. Not being paid by someone with whom we have a close relationship makes that anger […]
Read More
