Filing Bankruptcy with too much property? If you or someone you know is thinking of filing bankruptcy, the value of the property that one has must be ascertained. If you have very little property and if the market value is low, you will more likely than not be eligible for a chapter 7 fresh start+ Read More

On January 18, 2015, Fox Rothschild's Delaware Bankruptcy Litigation blog published a post

On January 18, 2015, Fox Rothschild's Delaware Bankruptcy Litigation blog published a post

Nearly a year ago, The Supreme Court held in

Weighing your debt resolution options can be overwhelming.  We are posting a 5-part blog series over the next month to help breakdown some of the most common and important considerations. Here are the topics we will be covering: What are the tax consequences? How the debt is settled – lump sum payment vs. structured payment […]

If you ask any bankruptcy lawyer what they feel the best time is for filing bankruptcy, you’ll likely hear a resounding, “Now!” In truth, waiting around to file bankruptcy increases your risk for wage garnishments, lawsuits, auto repossession, and even foreclosure of you home. The New Year is here now, and there are many reasons […]

There is a common thread among potential bankruptcy clients who call seeking bankruptcy relief. They are most concerned about the cost involved in filing for bankruptcy and getting out of debt. I’m not referring to the court costs. Most potential clients are aware of the court cost because they have been asking this question over+ Read More

RadioShack Corp. is reportedly preparing to file for bankruptcy as early as February, according to a recent Wall Street Journal article.
Sources familiar with the situation spoke with the Wall Street Journal regarding the electronics chain’s recent financial situation. They confirmed a filing could come in the first week of next month.

If you’ve got private student loans, you’re more likely to fall behind on them than on your credit card debt.