Author Archives: Jay Butchko
Will I Have To Give Up My Computer If I File For Bankruptcy?
There are many personal possessions that we rely on everyday for various reasons, including our phones, automobiles, and computers. If you are thinking about filing for personal bankruptcy, you are likely wondering if you will need to give up important assets that you need on a day-to-day basis. Depending upon the type of bankruptcy… Read More »
What Can Cryptocurrency Holders Do If Their Exchange Files For Bankruptcy?
Recent news concerning cryptocurrency and cryptocurrency exchanges has focused on the possibility of crypto bankruptcies. Indeed, although crypto exchanges at one time appeared to be allowing investors to earn significant profits, the value of cryptocurrency has plunged and many crypto exchanges and firms are turning to bankruptcy. As a recent article in Forbes underscores,… Read More »
Can My Business Convert From Chapter 11 To Chapter 7?
Many businesses that are struggling with debt may consider bankruptcy, and Chapter 11 bankruptcy often seems like the best option since it can allow businesses to reorganize debts while remaining open for business. Indeed, unlike with liquidation bankruptcies, reorganization bankruptcies give businesses an opportunity to get back on track financially and to remain in… Read More »
What Is The Timeline For My Chapter 13 Bankruptcy Case?
The timelines for different types of bankruptcy can vary widely, and the specific timeline for your bankruptcy case may not be immediately clear to you. Chapter 13 bankruptcy timelines can be particularly complicated, and often confusing, given that these cases usually last for many years. Even within the same type of bankruptcy, including Chapter… Read More »
If I Want To Keep My House, Should I File For Bankruptcy?
When a homeowner is struggling with debt, it can be difficult to know whether filing for bankruptcy is the right decision. More precisely, you might be wondering: if I want to keep my house, should I file for bankruptcy? Depending upon the type of bankruptcy for which you are eligible, a bankruptcy filing could… Read More »
Does My Business Qualify For Subchapter V?
Is your business struggling with debt such that you are considering filing for Chapter 11 bankruptcy? If so, it is important to determine whether you could qualify for Subchapter V bankruptcy. As you might already know, Subchapter V is a specific type of Chapter 11 bankruptcy that is designed specifically for small business owners,… Read More »
Should My Business File For Chapter 11 Or Chapter 12 Bankruptcy?
Filing for business bankruptcy can be complicated, and the process can be even more complex when you are trying to determine your eligibility for one of the types of reorganization bankruptcy. In general, businesses that believe they can be viable in the future will often want to file for a reorganization bankruptcy in order… Read More »
National Association Of Chapter 13 Trustees Supports Proposed Bankruptcy Legislation
Newly proposed bankruptcy legislation would make it easier for debtors to seek bankruptcy protection and to be eligible for Chapter 13 bankruptcy. That proposed legislation, known as the Bankruptcy Threshold Adjustment and Technical Corrections Act (Senate Bill 3823), recently received support from the National Association of Chapter 13 Trustees (NACTT), according to an article… Read More »
What Are Exceptions To Discharge?
When you are planning to file for consumer bankruptcy in West Palm Beach, it is important to have a clear understanding of whether your debts can be discharged in your bankruptcy case. Discharges work differently in the various types of bankruptcy. For example, debts in a Chapter 7 case that can be discharged are… Read More »
Common Bankruptcy Myths
If you are considering the possibility of filing for bankruptcy, it is important to be sure that you have accurate information before you file. There are many myths and misconceptions about bankruptcy in existence, and it can be difficult to know with certainty if you are getting accurate information from friends, family members, or… Read More »
