Recent Posts in Business Bankruptcy Category
Posted on Jan 22, 2012 By Robert Kovacs
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
Continue reading "Video explanation of the current credit crisis." »
Posted on Nov 19, 2011 By Robert Kovacs
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 ...
Continue reading "Alabama County Files Largest Chapter 9 Bankruptcy" »
Posted on Aug 25, 2011 By Robert Kovacs
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. ...
Continue reading ""Chapter 11 Bankruptcy: A Primer"" »
Posted on Aug 8, 2011 By Robert Kovacs
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 ...
Continue reading "Can I Keep A Credit Card If I File Bankruptcy?" »
Posted on May 30, 2011 By
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 ...
Continue reading "Rental Property - Mortgage Cram Down - Reduce your principle balance on your mortgage loan" »
Posted on Dec 22, 2009 By Robert Kovacs
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 ...
Continue reading "What is the §341 Meeting of Creditors? " »
Posted on Dec 17, 2009 By Robert Kovacs
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 ...
Continue reading "Avoidable Preferences for Business and Individuals Debtors" »