Our Professional Answer: If your employer files for bankruptcy, you need to know what your rights are. You should consult with a bankruptcy attorney, not just a business attorney or a general attorney. If you are […]

Our Professional Answer: As a landlord, if one of your tenants files for bankruptcy, you should consult with a bankruptcy attorney to see if you should file a claim in that bankruptcy case. If so, you […]

Our Professional Answer: When you file bankruptcy, 100% of all your legal obligations to pay a debt are discharged. The fact that you have been divorced doesn’t change this. However, there are certain obligations that arise […]

Our Professional Answer: In a bankruptcy, you have exemptions. Exemptions are stuff that you get to keep that are not part of the bankruptcy and can’t be sold, that could be your car, your home, your […]

Our Professional Answer: Every person who files bankruptcy has certain assets that are exempt. That might be your homestead exemption, your personal property, and clothing or a wildcard exemption that allows you to apply a dollar […]

Our Professional Answer: UCC financing statements are much like loan agreement liens, for businesses, for property that doesn’t typically have a title. If you buy office equipment from Joe Blow office equipment company and he wants […]

Our Professional Answer: Credit counseling agencies could be one of two types of groups. One, a credit counseling agency is a place you go to get a certificate of credit counseling prior to entering bankruptcy. More […]