Switch to ADA Accessible Theme
Close Menu

Category Archives: Bankruptcy Attorneys

Bankr27

How Does the “Undue Hardship” Requirement Apply to Student Loans in Bankruptcy?

By Kelley Kaplan & Eller |

If you have considered filing for bankruptcy in order to have your student loans discharged, you may know that you must be able to prove that continuing to pay your loans would impose an “undue hardship” on you. The US Bankruptcy Code says, in its “exceptions to discharge” section, that “unless excepting [educational debt]… Read More »

Facebook Twitter LinkedIn
Bank8

Can I File for Bankruptcy to Avoid a Debt Collection Lawsuit?

By Kelley Kaplan & Eller |

Being contacted with frequency by creditors or debt collectors can be frustrating, and it can be extremely stressful to learn that a creditor or debt collector is threatening to sue you to recover the money you owe if you do not make payments. If you have been contacted by a creditor or debt collector… Read More »

Facebook Twitter LinkedIn
Bankr23

What is a Bankruptcy Filing?

By Kelley Kaplan & Eller |

Whether you are struggling with personal debt, or your business is struggling financially, you might have considered bankruptcy because a colleague, family member, or other trusted party recommended it. Yet for parties without experience in bankruptcy cases, understanding what is involved in a bankruptcy case, and in a bankruptcy filing specifically, can be complicated…. Read More »

Facebook Twitter LinkedIn
StudentLoanDebtMoney

Student Loan Debt and Bankruptcy in 2024

By Kelley Kaplan & Eller |

It is a new year, and many borrowers in South Florida are struggling with student loan debt. For quite some time, there has been a common misconception circulating that student loans cannot be discharged in a consumer or personal bankruptcy case. This myth arose because of the complexity in having student loans discharged in… Read More »

Facebook Twitter LinkedIn
CreditR

Best Interests of Creditors in Chapter 11 Bankruptcy: What Does It Mean?

By Kelley Kaplan & Eller |

Chapter 11 bankruptcy is a type of reorganization bankruptcy that is typically filed by businesses, but in some cases, an individual will also file for personal bankruptcy under Chapter 11. In general, Chapter 11 bankruptcy is similar to Chapter 13 bankruptcy, but it has more requirements and complications. Since businesses are not eligible for… Read More »

Facebook Twitter LinkedIn
Bankr14

Steps to Take Before You File for Personal Bankruptcy

By Kelley Kaplan & Eller |

Planning to file for personal bankruptcy can be a relief when you are struggling with substantial debts, but it can also be a stressful time as you work to determine precisely what you must do prior to filing your bankruptcy petition. Given that US bankruptcy law is incredibly complex, it is easy for an… Read More »

Facebook Twitter LinkedIn
BankruptcyQuest

Will High Corporate Bankruptcy Rates Continue in 2024?

By Kelley Kaplan & Eller |

Business bankruptcies increased throughout 2023, and commentators regularly remarked on the rising rates of corporate bankruptcy filings under both Chapter 7 and Chapter 11. According to a recent report from NPR, consumers have been surprised to learn about recent business bankruptcies given that the economy has shown signs of improvement. Many of the 2023… Read More »

Facebook Twitter LinkedIn
BusinessBankruptcyWallet

What Business Owners Should Know About the Purdue Pharma Case

By Kelley Kaplan & Eller |

Can corporate bankruptcy cases release owners from civil liability for certain types of harm connected to the business? In other words, when the terms of a bankruptcy plan are beneficial to the individual business owners because the bankruptcy terms also limit the owners’ individual liability, can the bankruptcy case move forward? This is among… Read More »

Facebook Twitter LinkedIn
BankAtty

Can I Sell My House During a Chapter 13 Bankruptcy?

By Kelley Kaplan & Eller |

Filing for Chapter 13 bankruptcy and going through the bankruptcy process involves more time than some debtors realize. Indeed, Chapter 13 repayment plans typically have a time frame of three to five years, which means that your bankruptcy case will be open (and you will be making monthly payments) during that period of time…. Read More »

Facebook Twitter LinkedIn
Bankruptcy_money

Discharging Student Loans in the New Year

By Kelley Kaplan & Eller |

In the days, weeks, and months of every new year, debtors file for bankruptcy in order to get a fresh start financially. With changes to the process for having student loans discharged now firmly in place, debtors can file for personal bankruptcy and can go through a much simpler and less costly process to… Read More »

Facebook Twitter LinkedIn

© 2019 - 2024 Kelley Kaplan & Eller All rights reserved.
This law firm website and legal marketing are managed by MileMark Media.

21st Anniversary