Bankruptcy 101

  • June 8, 2012

What is bankruptcy? Insolvency Balance sheet insolvency:  liabilities exceed assets. Equity insolvency:  inability to pay debts as they become due. Bankruptcy One does not have to be insolvent to voluntarily…

How to Choose a Bankruptcy Lawyer?

  • June 7, 2012

People who are considering bankruptcy are typically facing numerous obstacles.  They are undoubtedly facing serious financial pressure from one of more of their creditors and are in desperate need of…

Can I Discharge Taxes in Bankruptcy?

  • May 25, 2012

Owing money to the government for back taxes can be a stressful situation.  People often ask whether they can discharge tax debts through bankruptcy.  The answer is – maybe.  Depending…

Bankruptcy and Foreclosure

  • May 25, 2012

With the recent downturn in the economy, and, in particular, the real estate market, many people are faced with prospects of foreclosure on their homes.  Bankruptcy can help in many…

Can I Keep My Car in Bankruptcy?

  • April 2, 2012

Many Debtors ask us “Can I keep my car if I file Bankruptcy?”  The answer is – it depends.  There are many factors to consider and discuss with your attorney…