Bankruptcy Terms Many terms and phrases are used in reference to bankruptcy that are not typically used elsewhere or have special meanings specifically related to bankruptcy. Here is a list of common words and phrases you may see or hear in a bankruptcy case. Assets – An asset is your property, or things you own, […]
BANKRUPTCY BASICS – PART 6 Read More »
Making Plan Payments May 3, 2021 It is time to begin making plan payments in your bankruptcy case. Here’s what to know: Chapter 7 – Plan payments do not apply as you do not file a payment plan with the Court and the case usually is completed within approximately six months. However, you may continue
BANKRUPTCY BASICS – PART 4 Read More »
Stimulus checks and unemployment benefits The new COVID relief bill offers the following: Direct payments of $1,400 to Americans earning less than $75,000 as individuals or $150,000 as couples. $1,400 for each dependent child and each adult dependent for eligible families. Decreasing direct payments for Americans earning more than the amounts mentioned above, with a
What’s In the New $1.9 Trillion COVID Relief Bill for You? Read More »