Blogs and News about Bankruptcy

Articles are informational and help educate people about Bankruptcy

I provide bankruptcy consultation services to attorneys. Recently, an issue was discussed that is a tale of caution to personal injury...

kbersonlaw

Jan 22, 20213 min read

Here's how a bankruptcy case usually works. It is not like a lawsuit where a summons and complaint starts the action, then the defendant...

kbersonlaw

Nov 29, 20203 min read

If you are an individual filing for bankruptcy relief, you are required to take a budget and credit counseling course from an agency that...

kbersonlaw

Nov 27, 20203 min read

A bankruptcy can discharge many debts but not all debts. It may relieve you of the obligation to pay credit card debts, medical bills,...

kbersonlaw

Nov 24, 20202 min read

A chapter 13 bankruptcy proceeding is a reorganization proceeding only available to individuals. Businesses are not permitted under the...

kbersonlaw

Nov 24, 20202 min read

A chapter 7 bankruptcy proceeding is the most common type of bankruptcy case. It is a liquidation proceeding or sometimes called a...

kbersonlaw

Nov 22, 20203 min read

Well, the answer to that question is it depends on what type of bankrupty you filed. Let's take a chapter 7 filing which is the most...

kbersonlaw

Nov 17, 20202 min read

Yes, the moment a bankruptcy petition is filed, an automatic stay goes into effect. This automatic stay will prevent most creditor...

kbersonlaw

Nov 17, 20202 min read