Quick Rules about Preserving Your Home through Bankruptcy
When does filing bankruptcy save your home? When is “straight bankruptcy–Chapter 7–the right tool, and when do you need Chapter 13?
Author Archive for: pdxlawgrouppcadmin
Entries by PDX Law Group
The Morality of the American Airlines Chapter 11 Reorganization
A corporation which files bankruptcy is considered to be proactively using a strategic business tool. But a human being who files bankruptcy is considered to be irresponsibly breaking promises to creditors.
Anatomy of the American Airlines Bankruptcy
The reason American Airlines filed Chapter 11 bankruptcy is so that it could break promises it made to its employees and its aircraft suppliers.
Keeping the Vehicle You Owe On in a Chapter 7 Bankruptcy
Chapter 7 is the take-it-or-leave-it bankruptcy when it comes to your vehicle with a loan against it. In most cases you either keep on making the payments or you surrender the vehicle, nothing much in between.
Keeping Everything You Own Through Chapter 13 Bankruptcy
One good reason that people filing Chapter 7 don’t lose any of their stuff to the bankruptcy trustee–if they did have something to lose, they likely file a Chapter 13 instead.
Keeping Everything You Own in Bankruptcy
You want to know: “Can I really keep everything I own if I file bankruptcy?”
The Very Rocky History of U.S. Bankruptcy Law
You think the present Congress can’t get anything done? It took more than a hundred years for Congress to pass the first permanent bankruptcy law.
The Amazing but True Evolution of Bankruptcy Law
You’ve heard of debtors’ prisons. But that’s only one hideous part of the very colorful history of bankruptcy law.
Foreclosure Rates Highest for Higher-Income Borrowers in Former Boom-Market States
In most parts of the country, foreclosure rates have been highest for low-income borrowers, and lowest for higher-income borrowers.
“Not Even Halfway through the Foreclosure Crisis”?!
Going on five years into our foreclosure disaster, a major report is now authoritatively giving us that sober news.