Bankruptcy

As I begin my 40th year in the Bankruptcy Practice, I have been asked, “What is the best advice you have given to a potential client”?  Without hesitation, I can say that the best [...]

Bankruptcy new filings were up year-over-year across chapter 7, 11, 13, and 15 in January 2023, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy filing data. [...]

President Biden plans to announce Wednesday that his administration is proposing a rule that would limit the late fees credit-card companies can charge, bringing penalties down to $8 from as much [...]

Regional lenders and banks with big credit-card businesses continued to profit from borrowers who ran up credit balances at higher interest rates in the fourth quarter. But many tightened their [...]

IR-2023-06, January 17, 2023 WASHINGTON — The Internal Revenue Service’s Free File Guided Tax Preparation service is live and ready for taxpayers to use. Free File went live January 13, [...]

Jan. 5, 2023 –  Individual Chapter 13 bankruptcy filings during calendar year 2022 (Jan. 1-Dec. 31) increased 32 percent to 149,072 from the 2021 total of 112,913, according to data provided by [...]

A question that we regularly hear is “What is the Cares Act” and how can it help me in a bankruptcy case? The Coronavirus Aid Relief and Economic Security Act of 2020 or the CARES Act [...]

The answer to this question would be, yes and no. Under Section 1322 of the Bankruptcy Code, depending upon the disposable income of an individual, the Plan length would be not less than 3 years [...]

We are constantly getting phone calls asking if the Bankruptcy Court is closed due to the Coronavirus Pandemic. The answer is Yes and No. As of March 2020 the Bankruptcy Court for the Middle [...]

HAVEN Act – Frequently Asked Questions Question: What does the Honoring American Veterans in Extreme Need Act of 2019 (“HAVEN Act” or the “Act”) do? Answer: The Act excludes certain benefits paid [...]