Satellite operator Intelsat, which launched the world's first commercial communications satellite Intelsat 1 in 1965, filed for Chapter 11 bankruptcy in Richmond, VA on Wednesday, May 13 in order to … [Read more...]
7 Steps to a CH 7 Bankruptcy During COVID-19
posted on April 17, 2020
As COVID-19 continues to challenge individuals and business across the country, many people are turning to Chapter 7 of the Bankruptcy Code for relief. Step 1. Call Winslow & McCurry, PLLC at … [Read more...]
Congress: “Extend Your Confirmed Chapter 13 Case from 5 to 7 Years during COVID-19”
posted on March 30, 2020
The massive bailout passed by Congress last week known as the CARES (Coronavirus Aide, Relief and Economic Security) Act contains several provisions helpful to those considering in pending Chapter 7 … [Read more...]
Court’s Rule Changes Ease Bankruptcy Practice During COVID-19
posted on March 20, 2020
The impact of COVID-19 on the practice of law is being felt worldwide. The economic damage is being wrought daily on families, individuals, and businesses. This is what keeps us open during this … [Read more...]
How a Chapter 13 can Solve Your Vehicle Issues
posted on January 9, 2020
If you find yourself behind on your car payments, you may want to consider filing a Chapter 13 bankruptcy petition. Why? 1. A Chapter 13 bankruptcy case, once filed, immediately imposes what is … [Read more...]
Why would I choose to file a Chapter 13 bankruptcy instead of a Chapter 7?
posted on January 8, 2020
If you've been struggling to pay bills on time, beginning to fall behind or have been behind for a sustained period of time, you might be considering filing for bankruptcy. The single most common … [Read more...]
How the Great Recession birthed a powerful two-punch formula for mortgage debtors
posted on January 6, 2020
The Great Recession began with the Federal Reserve reducing interest rates to very low levels in an attempt to stabilize the US economy. The Fed held low interest rates through 2004. In combination … [Read more...]
Q: If I file bankruptcy to stop foreclosure, can I reduce my mortgage payment?
posted on January 6, 2020
The mortgage payment is perhaps the fundamental item in many household budgets. This is because the family home is still seen as the primary vehicle for family wealth-building. In times of financial … [Read more...]
Are Royalties Part of the Chapter 7 Estate?
posted on October 1, 2018
You've just finished writing a hit 5-book series on the wild life of a secret agent. You market your books in various ways and receive ongoing royalties for this effort from your contract with … [Read more...]
