"Give thanks not just on Thanksgiving Day, but every day of your life. Appreciate and never take for granted all that you have." – Catherine Pulsifer … [Read more...]
Archives for November 2019
Preferences in Bankruptcy
What Are They? How Do They Affect Your Bankruptcy Filing? When you file for protection in bankruptcy, an automatic stay immediately goes into effect, prohibiting creditors from contacting you or taking action to collect the debt outside the bankruptcy proceeding. The stay generally remains in place until your bankruptcy proceeding is finished. But the bankruptcy process is not just … [Read more...]
The Cramdown Option in a Chapter 13 Bankruptcy Filing
What Is It and How Can It Benefit You? What Are the Limitations on Personal Property? When you are seeking protection from creditors through Chapter 13 debtor reorganization, one option to consider is what's known as a cramdown. A cramdown typically allows you to pay less than the actual principal balance on secured debt. The cramdown is most often used for motor vehicle debt but, with some … [Read more...]
Happy Veterans Day 2019
"We remember those who were called upon to give all a person can give, and we remember those who were prepared to make that sacrifice if it were demanded of them in the line of duty, though it never was. Most of all, we remember the devotion and gallantry with which all of them ennobled their nation as they became champions of a noble cause." -- Ronald Reagan … [Read more...]
