chapter 11 bankruptcy

Coronavirus (COVID-19): CARES Act Bankruptcy Changes

Coronavirus-Aid-Relief-And-Economic-Security-CARES Act-on-desk-with-pen

The Senate passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) on March 25, 2020. Enacted on March 27, the legislation placed short-term restrictions on lenders and servicers of federally backed loans. It enforces mandatory forbearance obligations, moratoriums on foreclosures, and revises credit reporting obligations to help individuals and businesses facing financial hardship […]

5 Ways to Talk to Someone About Getting Help With Debt

Young Couple Worried At Home In Bad Financial Situation Stress A

People don’t often talk about their personal debt. You may be completely unaware of a close friend’s or family member’s financial situation. With all the options out there for debt help, including chapter 7 bankruptcy to eliminate debt and chapter 11 bankruptcy to protect your assets, talking about it can be beneficial. But before you […]