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Legal Articles, Bankruptcy & Debt

Become Debt Free in the New Year a Financial Resolution

Millions of Americans suffer from it. No one wants to be in it. However, fact of the matter is more Americans are in debt than the number who are debt free. Being in debt can be a stressful experience and is no way to start off your new year.

All You Need to Know about Chapter 7 and Chapter 11 Bankruptcies

This article goes through each type of bankruptcy fillings (Chapter 7 - Liquidation, Chapter 11 - Reorganization, Chapter 12 - Adjustment of Debts of a Family Farmer with Regular Annual Income and Chapter 13 - Adjustment of Debts of an Individual with Regular Income) explaining it thoroughly.

Chapter 7 Bankruptcy

Chapter 7 is known as “straight” bankruptcy or “liquidation” and is the most commonly filed bankruptcy. The process typically lasts 3 -5 months. The goal of the Chapter 7 is to discharge your debts and begin a fresh start.

Nondischargeability of "trust" taxes

Employers who fail to remit withheld amounts from their employees are not entitled to a discharge in bankruptcy, ever.

Large-Scale Disasters Attacking The American Dream: How to Protect and Empower Homeowners and Lenders

In consideration of Hurricane Katrina, this Articles addresses the issues of blight, loan repayment, and the stability of a recovering housing market.

Life After Bankruptcy

What happens after Bankruptcy? Can I ever get credit or take out a loan again?

What type of bankruptcy do I file and what are the differences?

DISCUSSION on differences between Chapter 7 and Chapter 13 bankruptcy? outlines of what you can expect to go through when you go through the bankruptcy process, and what things you will need to do in order to receive the discharge of the debts you are looking for.

Case Comment: The Construction Lien Act and the Breach of Trust Claim

Part II of the Construction Lien Act, R.S.O. 1990, c C.30 (“CLA”), sets out the trust provisions and breach of trust claim, which is often overlooked.

The Art of Getting Paid

This article explores good practices to avoid unpaid accounts and how to collect on unpaid accounts. It also covers legal options available to construction companies and professionals (specifically engineers), however could apply to many small to mid-sized firms.

Credit Card Debt and Bankruptcy

Credit Card Debt and Bankruptcy

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