For Small Business Debtor Reorganization Filings and for Chapter 13 Debtors. As we have advised in prior blog posts, the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”), Pub. L.

Christian Allred has been a professional writer since 2020. He's written for some of the industry’s top brands and publications, including Rocket Mortgage, PropStream, Propmodo, and CRE Daily.

Sweeping changes to the federal bankruptcy forms went into effect on December 1, 2015. The changes pertaining to proofs of claim for residential mortgage loans are especially significant. The new ...

If you’re getting hounded by creditors, facing foreclosure on your home or feeling overwhelmed by debt in other ways, bankruptcy might be the answer. Filing for bankruptcy has lasting ramifications on ...

Typically, your business's obligation to pay its debts is lifted once you receive your bankruptcy discharge. However, you may realize that you forgot to include a creditor in your bankruptcy once you ...

Just in time for the holiday season, the U.S. District Court of the Eastern District of Pennsylvania (at the request of the Board of Bankruptcy Judges) promulgated new Local Bankruptcy Rules which ...

The Justice Department has updated a key application form under a new process that may make it much easier for many borrowers to discharge their federal student loans in bankruptcy. Here’s the latest.

The most commonly cited reason people declare bankruptcy is because of the financial hardship they experience from unexpected events, like a job loss and medical issues. But regardless of how frequent ...

Affiliate links for the products on this page are from partners that compensate us and terms apply to offers listed (see our advertiser disclosure with our list of partners for more details). However, ...

Filing Chapter 7 bankruptcy is a serious financial decision for individuals who have large amounts of debt they likely won’t ever be able to repay. Though filing for Chapter 7 ultimately gives you a ...

First of all, don't beat yourself up if you are wondering how to file for bankruptcy. The economy has been brutal due to the coronavirus pandemic, and even in good times people can find themselves ...