Inc. is reporting that business bankruptcy filings increased by 30%. The article can be found at https://www.inc.com/melissa-angell/small-business-bankruptcies-surged-30-percent-this-past-year-will-tariffs-accelerate-that/91221717

Don’t sit on your Bankruptcy Eligiblity: It’s a moving target
In January, Larry came to talk to me about Chapter 7 bankruptcy eligiblity. He had a car repossession and about $25,000 in charged off credit cards. He was planning to get married and hoped to buy a house in a few years. His fiancé warned him they could never buy a house if he didn’t fix his credit.
Great, I promised, we can do a Chapter 7 bankruptcy to do exactly what you want.

Discharge in Chapter 13 is an Uphill Climb
For most people, most of the time, getting a discharge is the goal of a bankruptcy case. The Supreme Court put it this way.  “The principal purpose of the Bankruptcy Code is to grant a ‘fresh start’  to the ‘honest but unfortunate debtor.’ ” The discharge means the debts are gone.
About half Chapter 13 cases end up dismissed

What’s the Best Way to Try to Settle a Warrant in Debt?
Do you want to avoid garnishment (and avoid bankruptcy) by negotiating your warrant in debt?  I get asked about that a lot. So here’s my best advice.
Go to court and Ask for a Trial
It doesn’t hurt to offer to settle before the court date, but low ball them. They will think you are scared to go to court, so they have no reason to make a good offer.

It’s Already Three Months Since Your Bankruptcy Discharge
How are you doing? Did bankruptcy work out the way you expected? Are you in control of your life, now?
I claim that after bankruptcy you will sleep better, you’ll be happier, your credit score will go up. Has that turned out like I said? I’d like to hear from you.

How Quickly Does the Postal Service Deliver Your Chapter 13 payment?
When you are in Chapter 13, you need to make your monthly trustee payments on time–especially in the first four months of the case. So it doesn’t help that our Chapter 13 Trustee in Alexandria, Thomas Gorman, gets his payments at a bank in Memphis.

Chapter 7 Trustee Kevin McCarthy
Kevin McCarthy is one of the four Chapter 7 trustees in the Alexandria, Virginia, Bankruptcy court. When you file a bankruptcy case in Alexandria, the computer assigns you to one of the four trustees.

Shocking Results: Credit Scores Drop the First Year After Bankruptcy