Author Archives: Jay Butchko
Can I Move Out Of Florida Or Into Florida After I File For Bankruptcy?
Are you thinking about moving but also considering the possibility of filing for bankruptcy? Or have you already filed for bankruptcy and you want to move to a new state? Whether you are considering a move that would take you into Florida or out of Florida, it is critical to understand what the implications… Read More »
Who Can File For Subchapter V Bankruptcy?
Are you considering bankruptcy for your business? If so, you may have heard about Subchapter V bankruptcy, and you might be wondering if you are eligible to file for this relatively new type of bankruptcy. You should know that Subchapter V falls under Chapter 11 bankruptcy in the U.S. Bankruptcy Code, and this type… Read More »
Small Business Vs. Subchapter V: Is There A Difference?
If you own a small business and have been considering the possibility of a reorganization bankruptcy, you may have conducted some initial research into your options for a Chapter 11 bankruptcy. In doing so, you may have come across terms for “small business bankruptcy,” as well as discussions around the relatively new “Subchapter V”… Read More »
CFPB Scrutinizes Collection Actions On Student Loans Discharged In Bankruptcy
When any debt is discharged in a personal bankruptcy case — including student loan debt — a creditor or lender or debt collector cannot continue to take steps to try to collect that debt. To be clear, once the debt has been discharged through a Chapter 7 or Chapter 13 bankruptcy case, the debtor… Read More »
What Is The Relationship Between Bankruptcy And Foreclosure?
Is there a relationship between bankruptcy and foreclosure? If there is, what do you need to know about the connections between foreclosure and bankruptcy? In short, many people who are considering bankruptcy are also in situations where they may be facing foreclosure if they have a mortgage on their home. Yet that is not… Read More »
More Nursing Home Bankruptcies Could Be Coming
Businesses of all types file for bankruptcy, and there are many different reasons that businesses ultimately file for bankruptcy. In some cases, businesses are able to reorganize debts through a Chapter 11 bankruptcy case so that they can remain open and continue to operate in the future. In other cases, businesses are in substantial… Read More »
When Should An Individual File For Chapter 11 Bankruptcy?
Understanding the types of bankruptcy that an individual can be eligible to file for, versus those that a business can be eligible to file for, can be complicated. If you are considering bankruptcy as an individual or married couple, you might have started doing some initial research into your bankruptcy options. You have likely… Read More »
How Do I Handle Debt I Owe Friends Or Family Members If I File For Bankruptcy?
If you are considering personal bankruptcy, you might be feeling especially anxious about debts you owe to friends or family members, or loans or lines of credit that friends or family members have co-signed for you. Indeed, you may be wondering if you have some kind of option to repay these friends or family… Read More »
What Types Of Debts Will Not Get Discharged In Bankruptcy?
When you are planning to file for bankruptcy, it is critical to have a clear understanding of what types of debts can be discharged in your bankruptcy case, and what types of debts will not be eligible for discharge. It is also essential to know that there is a distinction between types of debts… Read More »
What Is A Bankruptcy Reorganization Plan?
Have you been looking into the possibility of Chapter 11 bankruptcy for your business, or a personal bankruptcy under Chapter 13? If so, you have likely come across the terms “reorganization bankruptcy” and “reorganization plan.” When individuals file for reorganization bankruptcy, these types of bankruptcies are often known as wage-earner’s plans because they require… Read More »
