Doing business with a customer in the shadow of bankruptcy is risky. A hallmark of bankruptcy law is equal treatment of similarly-situated creditors. The Bankruptcy Code frowns upon a debtor who, ...
Our guide gives you a step-by-step overview of filing for bankruptcy, ...
This bankruptcy timing rule could determine whether you keep recent payments or lose them to creditors. Here's why.
Typically, in bankruptcy proceedings a creditor must return payments made shortly before the debtor filed for bankruptcy. At Monday’s argument in United States v. Miller, the justices were asked to ...
Before you swipe, withdraw or transfer cash, you should know how spending works in a Chapter 7 bankruptcy case.
When someone makes a payment to a creditor shortly before filing for bankruptcy, the Bankruptcy Code requires the creditor to return the funds. But whether those same obligations apply to the Internal ...
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US bankruptcy law is designed to promote and reconcile two core policy objectives: providing relief to financially distressed debtors and ensuring the equitable treatment of creditors vis-à-vis the ...
Could your debt be reduced or forgiven? Take our financial relief quiz. Filing for bankruptcy can significantly impact your car loan, depending on the type of bankruptcy file, how much equity you have ...