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The Small Business Reorganization Act Could Be a Game-Changer.

Until now, the utility of chapter 11 reorganizations for small businesses has been limited. One reason for this has nothing to do with the law. Small business owners often cling to a formerly profitable “business as usual” approach until… Read More
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Bankruptcy law isn't exciting.

When you realize you need to file bankruptcy it's natural to imagine you will be stigmatized. It's baked into our cultural DNA. But financial misfortune can happen to anyone. Read More
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Is There Life After Bankruptcy?

Although bankruptcy is intended as a fresh start we are conditioned, culturally, to regard it as...the end. So, what comes after? Read More
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Marital Debt and Divorce- Options

Issues about dividing marital debt are solvable. Read More
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The Marital Deduction and Chapter 7

The marital deduction can be a game-changer, so the opportunity to use it should not be overlooked. Read More
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Chapter 7 eligibility (part II); the Means Test

If you are "over-median", then hope for qualifying for chapter 7 bankruptcy relief is not lost (far from it!), but you must complete and pass the dreaded "means test" calculation (form 122A-2).  Read More
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Eligibility for chapter 7 bankruptcy (Part I)

An explanation of the initial step for determining eligibility for chapter 7 bankruptcy based on income. Read More
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The Bank Says I Have To Sign a Reaffirmation Agreement To Keep My House Or Car After Bankruptcy. Do I?

In Connecticut the short answer is, usually, “no.” Although many people file Chapter 7 bankruptcy to eliminate credit card debt, a bankruptcy discharge generally erases your personal liability on all debt you owed on the date you filed, including… Read More
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Categories: Bankruptcy

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