May 10, 2016 | 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...
Feb 26, 2016 | Blog, 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....
Feb 24, 2016 | Blog, 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...
