Recent Blog Posts
Quick Information About Bankruptcy Schedules
Whether you are planning to file for bankruptcy or you are simply seeking additional information about the bankruptcy process, it is essential to learn more about the type of information that you will be required to supply to the bankruptcy court in addition to your initial bankruptcy petition. One important set of documents that… Read More »
Common Bankruptcy Concerns for Businesses
Any business owner who has concerns about the financial viability of the business, or worries about repaying debts in the shorter term until business picks up, may be looking into business bankruptcy options. Our West Palm Beach bankruptcy attorneys know that you are likely to have a wide range of questions, and that you… Read More »
Common Bankruptcy Concerns for Individual Filers
Recently, data suggests that consumer bankruptcy filings have risen across the country. According to the U.S. Courts, between 2005 and 2021, there were just over 15 million non-business bankruptcy filings, with about 10 million Chapter 7 consumer filings and about 5 million Chapter 13 filings. The American Bankruptcy Institute shows that personal bankruptcy filings… Read More »
When Can a Business File for Subchapter V?
For any small business owner dealing with a financial downturn and the anticipation that business profits will pick up again in the future, a reorganization bankruptcy might be in consideration. If you have followed recent changes to business bankruptcy law, you likely know that the Small Business Reorganization Act of 2019 (SBRA) added the… Read More »
Student Loans and Bankruptcy Guidance: Key Takeaways
For many years, debtors who are struggling with student loans have considered filing for bankruptcy but have been under the assumption that a discharge of their student loans would be unlikely. While discharging student loans has not, historically, been as easy or straightforward as discharging other types of unsecured debt, there have been many… Read More »
Can I File For Bankruptcy Before My Divorce?
The relationship between bankruptcy and divorce can be complex, and anyone who is considering both bankruptcy and divorce should work with an attorney to consider the different types of individual bankruptcy and when it makes the most sense to file for bankruptcy in relation to filing for divorce. If you are struggling with debt,… Read More »
Can My Business File for Chapter 13 Bankruptcy?
If you own a small business and you are considering a reorganization bankruptcy, you might have started exploring both Chapter 11 and Chapter 13 bankruptcy. In looking into these forms of reorganization bankruptcy, you may have realized that Chapter 11 bankruptcy is significantly more complicated than Chapter 13 bankruptcy and tends to cost significantly… Read More »
Is My Debt Dischargeable?
Before you take any steps to file for personal bankruptcy, it is essential that you speak with a bankruptcy attorney in West Palm Beach to determine whether or not your debt is dischargeable — especially if you are planning to file for Chapter 7 bankruptcy. While there are other benefits to reorganization bankruptcies (for… Read More »
Supreme Court Addresses Indian Tribes and the Automatic Stay in Bankruptcy
The U.S. Supreme Court recently heard a case concerning a federally recognized Indian Tribe and whether the Tribe had to abide by the automatic stay set forth in the Bankruptcy Code. The Court ultimately ruled, in an 8-1 decision, that federally recognized Indian Tribes are subject to the automatic stay and the terms of… Read More »
How Bankruptcy Can Stop Wage Garnishment
Filing for bankruptcy has many benefits for individuals and businesses struggling with debt. For consumers who are facing significant amounts of debt and collection actions, bankruptcy can also stop the stress of facing action from creditors and debt collectors. This benefit comes from the automatic stay, an injunction that halts debt collection action once… Read More »
