Archive for January, 2010
Friday, January 22nd, 2010
In Bankruptcy cases, specifically Chapter 11 and Chapter 13, lien stripping is an effective tool in reducing the payments made to creditors. In Chapter 13, the debtors reorganize their debts into a repayment plan whereas Chapter 11 is for businesses and individuals whose debts exceed the limits in Chapter 13.Lienstripping ...
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Wednesday, January 20th, 2010
If you are considering applying for Bankruptcy in Maryland it is important that you meet with a Maryland bankruptcy attorney or a Maryland bankruptcy lawyer to review your options. Here we will give an explanation of the exemptions allowed in Maryland for bankruptcy.An exemption means that you get to keep ...
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Tuesday, January 19th, 2010
Chapter 7 bankruptcy is one of a number of categories of bankruptcy that makes up the Bankruptcy Code that was enacted in 1978, and amended in 2005 under the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA). In particular it deals with the situation faced by individuals and businesses who ...
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