Category Archives: Bankruptcy Attorneys
When Should An Individual File For Chapter 11 Bankruptcy?
Understanding the types of bankruptcy that an individual can be eligible to file for, versus those that a business can be eligible to file for, can be complicated. If you are considering bankruptcy as an individual or married couple, you might have started doing some initial research into your bankruptcy options. You have likely… Read More »
How Do I Handle Debt I Owe Friends Or Family Members If I File For Bankruptcy?
If you are considering personal bankruptcy, you might be feeling especially anxious about debts you owe to friends or family members, or loans or lines of credit that friends or family members have co-signed for you. Indeed, you may be wondering if you have some kind of option to repay these friends or family… Read More »
What Types Of Debts Will Not Get Discharged In Bankruptcy?
When you are planning to file for bankruptcy, it is critical to have a clear understanding of what types of debts can be discharged in your bankruptcy case, and what types of debts will not be eligible for discharge. It is also essential to know that there is a distinction between types of debts… Read More »
What Is A Bankruptcy Reorganization Plan?
Have you been looking into the possibility of Chapter 11 bankruptcy for your business, or a personal bankruptcy under Chapter 13? If so, you have likely come across the terms “reorganization bankruptcy” and “reorganization plan.” When individuals file for reorganization bankruptcy, these types of bankruptcies are often known as wage-earner’s plans because they require… Read More »
What Should You Do If Your Company Cannot Make Its EIDL Payments?
What should businesses in West Palm Beach or elsewhere in South Florida do if they cannot make payments on an Economic Injury Disaster Loan (EIDL) program loan they received during the COVID-19 pandemic? To put that question another way, if your business has an EIDL loan and cannot make payments on that loan because… Read More »
3 Things To Know About Bankruptcy According To The DOJ
What do you need to know if you are considering bankruptcy? From the start, you should recognize that bankruptcy law in the U.S. is extremely complex, and you will not be able to learn everything you need to know about bankruptcy in one reading. However, there are some key things you should know about… Read More »
What Will Happen To EIDL Loans In A Business Bankruptcy?
Does your business have an Economic Injury Disaster Loan (EIDL) program loan from the pandemic, and is your business considering bankruptcy as EIDL payments are coming due? It is critical to understand what will happen to your EIDL loan in a business bankruptcy and whether you could be personally impacted by a business bankruptcy… Read More »
Can I Close My Business With An Outstanding EIDL Loan, Or Do I Need To File For Bankruptcy?
Did your business apply for a loan through the Economic Injury Disaster Loan (EIDL) program, through the U.S. Small Business Administration (SBA), during the COVID-19 pandemic? Your business certainly is not alone. As a report from ABC News discusses, as of January 2023, payments are now coming due on these loans for millions of… Read More »
Justice Department Updates Important Student Loan Discharge Form
Whether you have been considering bankruptcy for some time and are inquiring about if it may be possible to have your student loan debt discharged, or you have been following news about new guidance and wondering about the possibility of having your student loan debt discharged, you are not alone. As the student debt… Read More »
You May Be Able To Discharge Student Loans In Bankruptcy
A common myth about consumer bankruptcy cases, including both Chapter 7 and Chapter 13 cases, is that student loan debt is a type of non-dischargeable debt. While it has, historically, been more difficult to have student loan debt discharged than other types of debt, it has not been impossible. Even so, the process has… Read More »
