Sep 21, 2018 | Blog, Chapter 11 Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Employment in Bankruptcy, General Bankruptcy
No. We want our clients to be able to earn as much as possible and part of our job is to make sure any income you have is protected. The amount of income can affect your case, depending on the chapter you are filing under and the amount you are earning. In Chapter 7...
Aug 27, 2018 | Blog, Foreclosure, General Bankruptcy
Attorney David Krekeler reflects on meeting legal deadlines in your strategy. Last month, a client brought me a foreclosure complaint to review. Unfortunately, the time within which to respond to the complaint had long since passed. In fact, the judgment had already...
Aug 10, 2018 | Blog, Chapter 7 Bankruptcy, Client Service, General Bankruptcy
One of the purposes of bankruptcy is to provide creditors with distributions (made up of the debtor’s assets or income). Creditors must file proofs of claim to receive their share of the distributions. Surprisingly, many creditors do not file proofs of claim, thereby...
Aug 3, 2018 | Blog, Student Loans
It is very difficult to discharge student loans in bankruptcy. In fact, many of my clients believe it is impossible to discharge student loans. Actually, student loans are sometimes dischargeable in bankruptcy, but requires proof of “undue hardship”. To determine...
Aug 1, 2018 | Blog, Chapter 11 Bankruptcy, General Bankruptcy
Generally, no. Depending upon how the business is organized, you will likely inherit one of the following: Corporation Stock Limited Liability Company Membership Interest Sole...
Jul 26, 2018 | Blog, Client Service
Attorney David Krekeler describes the firm’s values. A new client met with me regarding his home, which was in foreclosure. During our meeting, I did what I always do, describing options which might be available and explaining how each of those options might...
