Author Archives: Jay Butchko
Renting A Home Or Apartment After A Bankruptcy Filing
When you are trying to decide whether to file for consumer bankruptcy, you likely have a wide range of concerns that you are taking into consideration. If you are planning to move to a new place soon, whether in town or to a new city or state, you may be wondering if filing for… Read More »
Amendments To Federal Rules Of Bankruptcy Procedure
Whether you are planning to file for business bankruptcy under Chapter 11 or Chapter 7 (or Chapter 12, in some cases), or you are planning to file for personal bankruptcy under Chapter 7, Chapter 11, or Chapter 13, it is important to know about recent changes to U.S. bankruptcy law. Federal bankruptcy law was… Read More »
What Is Consumer Bankruptcy?
Have you been considering the possibility of filing for bankruptcy? If you have never been involved in a bankruptcy proceeding before and have never filed for bankruptcy, the process can be extremely confusing and complicated. Even when you have experience with consumer or business bankruptcy, the specific requirements for each type of bankruptcy are… Read More »
Should My Business File For Chapter 11 Or Chapter 7 Bankruptcy?
When your business is struggling financially, the prospect of business bankruptcy may have arisen. Whether you own a sole proprietorship, you are a member of a limited liability company (LLC), you are a partner in a partnership, or you are one of the owners of a corporation, you could be eligible to file for… Read More »
Personal Bankruptcy In The New Year: What To Consider
Are you considering the possibility of personal bankruptcy in the New Year? After the New Year, many individuals start to think seriously about getting their finances under control and managing debt that they have accumulated. Yet if you are planning for bankruptcy in early 2023, it is important to keep a few considerations in… Read More »
Do I Need To Pass The Means Test For Bankruptcy?
When you are planning to file for bankruptcy, it is critical to understand what the eligibility requirements are for the type of bankruptcy you are considering and whether you meet those eligibility requirements. There are different eligibility requirements for different chapters of bankruptcy, and then there are distinct requirements depending upon whether the debtor… Read More »
Documents For A Consumer Bankruptcy Case
Consumer bankruptcy cases and business bankruptcy cases have some similarities, but they also have many differences. Even if you have gone through a Chapter 11 or Chapter 7 business bankruptcy case in the past, you will need to learn more about consumer bankruptcy requirements if you are planning to file as an individual. An… Read More »
What To Avoid Before You File For Bankruptcy
The process of filing for bankruptcy usually involves research into the steps you will need to take in order to be eligible for bankruptcy, the documents you will need to provide, the schedules and forms you will need to fill out and file, and any financial courses or hearings that you will need to… Read More »
What To Tell Your Employees About A Chapter 11 Bankruptcy
When your business is considering Chapter 11 bankruptcy, your employees may have some knowledge about the business’s financial struggles, and rumors could be circulating around the office or the workplace. While you might not want to provide too much information to your employees about plans for a Chapter 11 bankruptcy, giving your employees certain… Read More »
What Are The Costs I Should Expect For A Chapter 11 Bankruptcy?
When you are planning to file for Chapter 11 bankruptcy, you may know that this type of bankruptcy tends to cost significantly more than other types of reorganization bankruptcy, and more than Chapter 7 liquidation bankruptcies. For many businesses that want to file for reorganization bankruptcy, Chapter 11 is the only option, so it… Read More »
