Legal Articles, Bankruptcy & Debt

New Proposals for Chapter 11 Bankruptcy from the American Business Institute

This year, Chapter 11 bankruptcy is getting an overhaul. These changes are designed to make filing for Chapter 11 bankruptcy easier for businesses.

Should I File Bankruptcy?

Whether or not you should file bankruptcy?

Are You “House Poor?” – How Bankruptcy Can Help

When purchasing a home, it is always important to consider how a mortgage payment will impact your monthly expenses, especially when you have other outstanding debt in the way.

During divorce mediation, Florida couples need to include debt issues

Child custody and other parenting issues are also important parts of the negotiation process.

Lift Off out of Financial Depression

Our law firm offers one-on-one attorney attention for clients

Bankruptcy Could Stop Repossession of a Vehicle in DFW

Fighting repossession can be difficult without an attorney. Bankruptcy could prevent repossession of your vehicle, call today

Milwaukee Bankruptcy Lawyer Presents on Issues Regarding Divorce and Bankruptcy at a National Business Institute Seminar

Wisconsin bankruptcy and consumer law attorney Rollie R. Hanson presented at Continuing Legal Education (CLE) training seminar regarding the issues surrounding divorce and bankruptcy.

Eliminate Your Second Mortgage if Your House is Underwater

Debtors in a chapter 13 bankruptcy can eliminate second mortgages if their house is worth less than what is owed on their first mortgage. This is called a 'cram down' and the debtor usually only has to pay back a small percentage of what was owed over 3-5 years.

Obama Signs Directive Allowing Homeowners to Modify Mortgages While in Bankruptcy

Obama signed a directive in 2010 that allows homeowners to actively seek a loan/mortgage modification while they are in active bankruptcy.

Can Bankruptcy Help With Your Student Loans?

Bankruptcy can help with student loans but the debtor must file a lawsuit against the student loan provider while the bankruptcy is pending. The court uses a four-part test called the 'Brunner Test' to determine whether the student loans are eligible to be discharged.

Legal Articles Additional Disclaimer

Lawyer.com is not a law firm and does not offer legal advice. Content posted on Lawyer.com is the sole responsibility of the person from whom such content originated and is not reviewed or commented on by Lawyer.com. The application of law to any set of facts is a highly specialized skill, practiced by lawyers and often dependent on jurisdiction. Content on the site of a legal nature may or may not be accurate for a particular state or jurisdiction and may largely depend on specific circumstances surrounding individual cases, which may or may not be consistent with your circumstances or may no longer be up-to-date to the extent that laws have changed since posting. Legal articles therefore are for review as general research and for use in helping to gauge a lawyer's expertise on a matter. If you are seeking specific legal advice, Lawyer.com recommends that you contact a lawyer to review your specific issues. See Lawyer.com's full Terms of Use for more information.