It is a shame that an American middle-class family feels that it must ride out the fiscal crisis by itself while the largest corporations and wealthiest individuals in America utilize the government laws to their advantage. Reasons why someone may choose bankruptcy Most of my bankruptcy clients are middle-class families with both spouses working, own […]

It is time that we begin to understand that filing for Bankruptcy protection is not dishonorable.  Sometimes circumstances in life and business lead to serious financial situations.  The Government, understanding that individuals need help to get back on the path of financial stability, has created “The Fresh Start”. They understand that often Bankruptcy is the […]

Most government backed student loans are not discharged in Bankruptcy.  However, there may be instances where paying student loans can cause undue hardship on the debtor.  As a result, debtors may be able to prove undue hardship using the Brunner test. The Brunner test requires a showing that (1) the debtor cannot maintain a minimal standard of living if […]

A Chapter 13 Bankruptcy is for families that have assets, value to their home or earn above the average family income for the county in which they live.  A Chapter 13 Bankruptcy allows you to keep all your assets while under the protection of the Bankruptcy Court.  Under a Chapter 13 Plan, Debtors repay their […]

Bankruptcy has a negative stigma attached to it, but it is actually a lot more common than people think.  In 2016 almost 1 million Americans filed for Bankruptcy protection. Almost all Bankruptcy filers suffered a catastrophic personal event such as loss of employment, divorce or serious medical issues.   Many filers were homeowners who were defrauded […]