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Recent Posts in Business Bankruptcy Category

Video explanation of the current credit crisis.

Video explanation of the current credit crisis. Please click the link below for a video explaining the current credit crisis. http://jonathanjarvis.com/crisis-of-credit
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Alabama County Files Largest Chapter 9 Bankruptcy

Alabama County Files Largest Chapter 9 Bankruptcy Recently the commissioners of Jefferson County, Alabama, voted to file the largest Chapter 9 bankruptcy in history. The New York Times reports that ...
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"Chapter 11 Bankruptcy: A Primer"

This article is care of the American Bar Association. For the full article please visit http://apps.americanbar.org/abapubs/design/smart/0811/11.html Chapter 11 Bankruptcy: A Primer By Christopher R. ...
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Can I Keep A Credit Card If I File Bankruptcy?

Can I Keep A Credit Card If I File Bankruptcy? Many Massachusetts bankruptcy debtors need a credit card for work. Whether it is necessary for business purchases or travel, it is common for clients to ...
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Rental Property - Mortgage Cram Down - Reduce your principle balance on your mortgage loan

Rental Property - Mortgage Cram Down - Reduce your principle balance on your mortgage loan In a chapter 11 or 13 bankruptcy you may be able to reduce the outstanding principle balance on your mortgage ...
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What is the §341 Meeting of Creditors?

In all bankruptcy cases there will be a required meeting this is often called the “meeting of the creditors” or the “§341 meeting.” The Case Trustee will conduct the meeting. She represents the ...
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Avoidable Preferences for Business and Individuals Debtors

Many times when facing insolvency issues a debtor, either a business or individual, will look to pay one creditor over another, this is called a preference. If the payment was not in the ordinary ...
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