Millennial marriages are crumbling under student loan debt.

How a cheap car payment can help you on the bankruptcy means test. The 2005 Bankruptcy law, known BAPCPA or sometimes BARF, was designed to make bankruptcy much more painful for families making over the average income in each state.  For Virginia, in the summer of 2018, that’s $103,549 for a family of 4. Or […]

One of the most common questions that we’re asked by clients who own “underwater taxi medallions” (where the value of the medallions is less than the amount of the loan secured by the medallions) that are owned by a corporation or a LLC is if we can “cram down” the taxi medallion loan in a chapter 11 bankruptcy filing. “Cram down” means that the bank/secured lender is required to accept less than full repayment of their loan.

Arizona Supreme Court Decides Statute of Limitation runs from the date of first uncured missed payment

By Dan Rivoli and Jillian Jorgensen  The City Council will once again explore capping the number of vehicles driving for Uber and similar app-based taxi services in New York City streets — beginning with a yearlong ban on issuing new licenses for most for-hire cars.

Arizona Supreme Court Decides Statute of Limitation runs from the date of first uncured missed payment

News outlets are starting to report that real estate values may be beginning to drop.  ” ‘Anything goes’ list-price strategy no longer working,” says a headline in CNBC news.
Sales of all homes — new and existing — fell in June to the lowest level since last year.  Mortgage applications have fallen, and so has construction of single family homes.
Whereas sellers were seeing ten to fifteen offers at the beginning of this year, that number is dropping to about half of that, realtors say.

The Fair Credit Reporting Act “FCRA” and the Bankruptcy Code
The Automatic Stay v. the Bankruptcy Discharge

Most Tenants Facing Foreclosure Now Have Some Protection, at Least for 90 Days

Consumers file significantly more Chapter 7 bankruptcy cases than Chapter 13 ones. In 2016, out of almost 800,000 bankruptcies, about 490,000 were Chapter 7s and almost 300,000 were Chapter 13s. (The rest were almost all Chapter 11s and 12s, plus a few Chapter 9s and 15s.)
A Simple Chapter 7
In a simple Chapter 7 case, you would: