The United States Court of Appeals for the Fourth Circuit recently gave a highly significant ruling in the case of Hurlburt v. Black, which affects how bankruptcy courts handle certain mortgages in North Carolina when Chapter...
The bankruptcy estate is one of the basic tenets of bankruptcy law. When a bankruptcy case is initiated, then a “bankruptcy estate” is created. The estate then becomes the owner of almost all of the assets and...
The crisis in the current economic scenario affects the business sector, combined with poor financial management and accumulation of debts, companies, and institutions are often forced to declare bankruptcy. This is usually...
Do you know you can “use” Chapter 13 bankruptcy to stop foreclosure? If you are planning to file for bankruptcy but are also facing foreclosure, the timing of your bankruptcy can make a world of difference, of...
If you are concerned about losing an asset, you might want to consider protecting your assets before filing for bankruptcy. This is one form of pre-bankruptcy planning. Most debtors who file for Chapter 7 or Chapter 13...
