Things have not been so great for a lot of Texans this year.  To put it mildly, there has been a lot of doom and gloom spreading across our airwaves since the middle of March.  If you have listened to the radio, a current events podcast, or watched the news at all (and we understand if you have tried to stay away), you know that a major topic that has been discussed at length recently is the deadlock between our government leaders in Washington over the creation of new legislation that will extend certain benefits and provide needed resources to businesses and individuals all across America

Things have not been so great for a lot of Texans this year.  To put it mildly, there has been a lot of doom and gloom spreading across our airwaves since the middle of March.  If you have listened to the radio, a current events podcast, or watched the news at all (and we understand if you have tried to stay away), you know that a major topic that has been discussed at length recently is the deadlock between our government leaders in Washington over the creation of new legislation that will extend certain benefits and provide needed resources to businesses and individuals all across America

Things have not been so great for a lot of Texans this year.  To put it mildly, there has been a lot of doom and gloom spreading across our airwaves since the middle of March.  If you have listened to the radio, a current events podcast, or watched the news at all (and we understand if you have tried to stay away), you know that a major topic that has been discussed at length recently is the deadlock between our government leaders in Washington over the creation of new legislation that will extend certain benefits and provide needed resources to businesses and individuals all across America

Things have not been so great for a lot of Texans this year.  To put it mildly, there has been a lot of doom and gloom spreading across our airwaves since the middle of March.  If you have listened to the radio, a current events podcast, or watched the news at all (and we understand if you have tried to stay away), you know that a major topic that has been discussed at length recently is the deadlock between our government leaders in Washington over the creation of new legislation that will extend certain benefits and provide needed resources to businesses and individuals all across America

Democratic Platform Promises Good New for Student Loans The upcoming elections might help. Student loans are in a special category that bankruptcy law can hardly touch.  That’s likely to change after the November 2020 elections. The platform of the Democratic National Convention, says this: Democrats will restore the prior standard in bankruptcy law to allow […]

This article originally appeared in the New York Times on August 3, 2020https://www.nytimes.com/2020/08/03/nyregion/nyc-small-businesses-closing...
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One-Third of New York’s Small Businesses May Be Gone ForeverSmall-business owners said they have exhausted federal and local assistance and see no end in sight after months of sharp revenue drops. Now, many are closing their shops and restaurants for good.

Once a Chapter 7 debtor receives a discharge of personal debts, creditors are enjoined from taking action to collect, recover, or offset such debts. However, unlike personal debts, liens held by secured creditors “ride through” bankruptcy. The underlying debt secured by the lien may be extinguished, but as long as the lien is valid it survives the bankruptcy.

Once a Chapter 7 debtor receives a discharge of personal debts, creditors are enjoined from taking action to collect, recover, or offset such debts. However, unlike personal debts, liens held by secured creditors “ride through” bankruptcy. The underlying debt secured by the lien may be extinguished, but as long as the lien is valid it survives the bankruptcy.