Bankruptcy Courts Try On ‘Zoom’ for 341 Hearings

Driven in large part by the COVID-19 pandemic, the legal industry has seen a significant shift towards virtual proceedings. Among the various virtual tools available, Zoom has emerged as a crucial … [Read more...]

What are the benefits of a Subchapter 5 bankruptcy?

Bankruptcy is a legal process that can help individuals and businesses eliminate or repay their debts under the protection of the bankruptcy court. One type of bankruptcy that has recently gained … [Read more...]

Why is a bankruptcy discharge important?

A bankruptcy discharge is an order issued by the bankruptcy court that eliminates certain debts, allowing the debtor to move forward with a fresh start. The significance of a bankruptcy discharge … [Read more...]

The Great Auto Bubble, Repossession & How Chapter 13 May Help

In 2020 and 2021, consumers’ incomes were temporarily high as the pandemic brought about debt forbearance, pandemic stimulus checks, enhanced unemployment benefits, and, in some cases, forgiven loans … [Read more...]

Bankruptcy Filing Often Follows Attempted Debt Consolidation

Debt consolidation is one strategy to pay debt (credit cards, medical bills, personal loans, business debts, civil judgments, etc.) and works by placing all of the existing balances on one loan.  It … [Read more...]

Chapter 7 Bankruptcy Trustees Receive Fee Bump

Chapter 7 Trustees are receiving a fee increase. Bankruptcy courts will begin processing an additional $60 per case payment to eligible chapter 7 bankruptcy trustees for applicable cases filed or … [Read more...]

Tax Debt? Know the Difference Between Chapter 13 and Chapter 7 Bankruptcy

Owing the IRS is never pleasant, but with a stubborn high inflationary period settling in, it may be an option to deal with your tax debt in a bankruptcy. Fortunately, it is possible to discharge … [Read more...]

Expiration of Nonpayment Eviction Protection in Virginia

A number of protections for Tenants in nonpayment eviction cases are set to expire in Virginia. Full protections as imposed by the Virginia General Assembly during the COVID-19 state of emergency … [Read more...]

Can Incapacitated Individuals File Bankruptcy?

Absolutely. The Bankruptcy Code expressly contemplates that incapacitated individuals can be bankruptcy debtors and subsequent Court decisions concur. Under Section 301 of the Bankruptcy Code, a … [Read more...]

2022 Rebound Expected for Consumer Bankruptcy

It's counterintuitive for many, but consumer bankruptcy filings in 2021 were at a low level not seen since the 1980s.  This is attributable to several factors: 1. Eviction moratoriums, foreclosure … [Read more...]