Tag Archives: #bankruptcy

If you drowning in debt, Bankruptcy may be the fresh start that you are looking for. Through Bankruptcy, you may discharge most of your unsecured debt. Our dedicated attorneys can help you ensure your rights are protected through this process. The importance of retaining an experienced attorney cannot be overstated, as often one small mistake […]

In the realm of bankruptcy law, creditors play a crucial role in the distribution of assets when an individual or business files for Chapter 7 bankruptcy. While creditors are generally categorized as either secured or unsecured, another distinction exists within the realm of unsecured creditors—namely, the classification of “inside creditors.” Understanding the nuances of inside […]

In the realm of bankruptcy law, creditors play a crucial role in the distribution of assets when an individual or business files for Chapter 7 bankruptcy. While creditors are generally categorized as either secured or unsecured, another distinction exists within the realm of unsecured creditors—namely, the classification of “inside creditors.” Understanding the nuances of inside […]

As an attorney who has represented numerous debtors in Chapter 13 bankruptcy cases, I have witnessed firsthand the financial transformation that can occur when individuals and families choose this path to regain control of their financial lives. In this blog, we will explore the significant advantages of filing for Chapter 13 bankruptcy, particularly in relation […]

Bankruptcy Representation for Debtors If you drowning in debt, Bankruptcy may be the fresh start that you are looking for. Through Bankruptcy, you may discharge most of your unsecured debt. Our dedicated attorneys can help you ensure your rights are protected through this process. The importance of retaining an experienced attorney cannot be overstated, as […]

If you wish to cram down your car loan, you must have purchased the car at least 910 days (around 2½ years) prior to the bankruptcy. This prevents people from buying a new car and cramming down the loan right soon after driving it off the lot.

Assistance with Debt Relief Bankruptcy law was designed to help people get a fresh start. Although frowned up, it actually stirs innovation as people can take more risk and innovate, knowing that if things don’t work out, Bankruptcy options are available. Bankruptcy laws were designed with the average hardworking American in mind. Call 773-407-2100 for […]

910-Day Rule Exceptions   The infamous hanging paragraph in §1325(a) of the Bankruptcy Code prohibits bifurcation of a creditor’s claim secured by a vehicle into a secured claim and an unsecured claim.  Specifically: “section 506 shall not apply to a claim described in that paragraph if the creditor has a purchase money security interest securing […]