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    Tag: bankruptcy

    • Chapter 9 Bankruptcy: Hartford, Detroit, et al

      Chapter 9 Bankruptcy: Hartford, Detroit, et al

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      The mayor of Hartford, Connecticut, Luke Bronin has been intimating for a number of months that the city may need to file Chapter 9 bankruptcy….

    • CHAPTER 7 BANKRUPTCY TREATMENT OF SECURED PROPERTY

      CHAPTER 7 BANKRUPTCY TREATMENT OF SECURED PROPERTY

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      STATEMENT OF INTENTIONS IN BANKRUPTCY In a Chapter 7 bankruptcy, the debtor must complete and sign a form called the Statement of Intentions. The Statement…

    • Toys R Us, The Retail Apocalypse And Mitt Romney’s Bain Capital

      Toys R Us, The Retail Apocalypse And Mitt Romney’s Bain Capital

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      2017 has been a particularly bad year for many of the nation’s retailers. On September 19, Toys R Us announced its filing of Chapter 11…

    • Taxes and tax liens in bankruptcy

      Taxes and tax liens in bankruptcy

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      WHEN TAXES MAY BE DISCHARGED IN BANKRUPTCY This article discusses the treatment of taxes due to the Internal Revenue Service (IRS). Income taxes due to…

    • Hurricane Irma And Bankruptcy

      Hurricane Irma And Bankruptcy

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      By Jay Weller Natural disasters and hurricanes and bankruptcy filings within affected areas are intuitively correlative.  One would expect that the economic and property damage…

    • TAX REFUNDS IN BANKRUPTCY

      TAX REFUNDS IN BANKRUPTCY

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      The treatment of tax refunds is a popular issue in bankruptcy.  Income tax refunds are commonly considered to be part of the bankruptcy estate.  Therefore,…

    • DOMESTIC SUPPORT OBLIGATIONS BANKRUPTCY

      DOMESTIC SUPPORT OBLIGATIONS BANKRUPTCY

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      Another important exception to bankruptcy is domestic support obligations.  Domestic support obligations are not discharged in bankruptcy and are therefore referred to as an exception…

    • EXCEPTION TO DISCHARGE IN BANKRUPTCY FOR INTENTIONAL TORTS

      EXCEPTION TO DISCHARGE IN BANKRUPTCY FOR INTENTIONAL TORTS

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      Bankruptcy Code Section 523(a)(6) prevents a debtor from obtaining the discharge of any debt for “willful and malicious injury by the debtor to another entity…

    • ALTERNATIVES TO BANKRUPTCY

      ALTERNATIVES TO BANKRUPTCY

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      What are some alternatives to filing bankruptcy, asks John W of Clearwater, Florida.  The bankruptcy attorneys and counselors at Weller Legal Group are experienced and…

    • COSIGNER LIABILITY ON STUDENT LOANS AND CHAPTER 13 BANKRUPTCY – PART I

      COSIGNER LIABILITY ON STUDENT LOANS AND CHAPTER 13 BANKRUPTCY – PART I

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      It is increasingly difficult for those who wish to earn a college degree to finance such education without incurring student loans.  The introduction and proliferation…

    • HOW DO I FILE FOR BANKRUPTCY?

      HOW DO I FILE FOR BANKRUPTCY?

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      How do I file for bankruptcy is a common search term on Google and other search engines.  If one files either a Chapter 7 Bankruptcy…

    • BANKRUPTCY CHAPTER 11

      BANKRUPTCY CHAPTER 11

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      From Clearwater, Florida comes a question from John J.  What is Chapter 11 Bankruptcy?  I have a small business, wish to retain my business, and…