Chapter 13 Bankruptcy changes to help people affected by COVID The CARES ACT recently enacted created a novel change to Chapter 13 Bankruptcy Plans by extending payments from 60 months to 84 months. This will allow current and new petitioners to request to have an 84-month plan. This will allow debtors who were unable to...
BANKRUPTCY EXPLAINED Whenever the economy suffers, the word bankruptcy gets tossed around. Anyone can experience trouble with finances including celebrities, athletes, politicians, business leaders and other prominent public figures. Every day on the news we hear reports of people (famous or not) dealing with financial problems stemming from divorce, medical conditions, mortgage foreclosure, credit problems,...
