As the owner of WM Law, I’m a small businessman myself. A law firm is no different than any other small business – we certainly aren’t immune to financial difficulties, especially with something so overwhelming as Covid-19. So, small business...
What about my Chapter 13 bankruptcy plan payments during the COVID-19 shutdown?
Several thousands of workers across the nation have been laid off already due to the shutdown resulting from the COVID-19 pandemic, with many more expected before the tide is turned. If you are one of those workers, and happen to...
March 27, 2020
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How Will the Coronavirus Impact Us Financially?
How Will the Coronavirus Impact Us Financially? We already know about the devastating medical consequences of the Coronavirus. We’ve also seen the social consequences as cities and states restrict movement, entertainment, and business operations. One of the effects we’re just...
March 20, 2020
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¿Qué sucede si el pago de mi hipoteca aumenta mientras estoy en el Capítulo 13 de bancarrota?
¿Qué sucede si el pago de mi hipoteca aumenta mientras estoy en el Capítulo 13 de bancarrota? Si no estaba atrasado en su hipoteca antes de declararse en bancarrota, simplemente continuaría haciendo sus pagos hipotecarios regulares directamente a la compañía...
March 12, 2020
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What if my mortgage payment increases while I’m in Chapter 13 Bankruptcy?
What if your mortgage payment increases while you're in Chapter 13 Bankruptcy? If you were not behind on your mortgage before you file bankruptcy, then you would just continue making your regular mortgage payments directly to the mortgage company. If...
March 12, 2020
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Estoy registrando un caso de Bancarrota de Capítulo 7 y quiero comprar un vehículo nuevo, ¿Qué puedo hacer (y cuándo)?
Anteriormente hablamos sobre las opciones para clientes con automóviles cuando entran en bancarrota. Pero, ¿qué sucede si está pasando por una bancarrota del Capítulo 7 y desea comprar un automóvil? ¿Qué hace? El primer tema a considerar es el tiempo....
February 26, 2020
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I’m Filing a Chapter 7 Bankruptcy and Want to Buy a New Car – What Can I Do (and When)?
We’ve talked in the past about options for clients with cars as they enter bankruptcy. But what happens if you are proceeding through a Chapter 7 bankruptcy and want to buy a car. What do you do? Timing The first...
February 26, 2020
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¿Debo cerrar mi pequeña empresa si quiero declararme en bancarrota?
Presentamos un escenario muy común: nuestro cliente viene preparado para solicitar protección por bancarrota. Él opera una LLC de un solo miembro o tal vez la LLC tiene dos miembros: esposo y esposa. El negocio no continuará operando porque no...
February 10, 2020
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Should I Close My Small Business If I Want to File a Bankruptcy?
We often consult with clients who own a small business in distress. If the business is not profitable, a Chapter 11 reorganization may allow the business to start fresh by reorganizing its debts. If the owner doesn’t want to continue...
February 10, 2020
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Exenciones de bancarrota en Missouri
El mes pasado apareció un blog sobre las exenciones de Kansas y cómo afectan la bancarrota de un deudor. Este blog destacará parte de la información del mes pasado, pero también proporcionará nueva información específica a las exenciones de...
February 3, 2020
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