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Bankruptcy Lawyer Bryan W. Stone answers the question: “Will I lose my property if I file for bankruptcy?”

Are Allegations of Bad Faith Enough to Dismiss a Bankruptcy Case?

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Bankruptcy Lawyer Bryan W. Stone answers the question: “Can I keep my house if I file bankruptcy?”

Bankruptcy is a process that would seem to occur with the same frequency no matter your state or region. After all, people can have financial problems anywhere. While it’s true that people do run into financial trouble all across the country, the extent to which people encounter such trouble varies depending on your geography. To learn more about what geography tells us about bankruptcy rates, keep reading.

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Bankruptcy Lawyer Bryan W. Stone answers the question: “Do I need an attorney to file bankruptcy?”

A recent article in the Milwaukee Journal Sentinel discussed a strategy used by some landlords in the city to avoid paying fines: repeatedly filing for bankruptcy protection. The practice is used by those landlords who the city is trying to come after for providing substandard housing to tenants. By filing for bankruptcy protection, the landlords avoid paying mounting fines and are able to shield their property from being seized by the authorities. The article focused on the actions of one landlord who is an especially egregious abuser of the bankruptcy system.

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Bankruptcy Lawyer Bryan W. Stone answers the question: “Should I file bankruptcy?”

If you’re considering filing for bankruptcy you have likely come to understand just how many technicalities and rules are part of the process. The system can often appear as if it were designed to be purposely complicated to dissuade people from filing in the first place. One aspect of the process you may not be familiar with is the “proof of claim” filed by creditors. To find out more about what a proof of claim is, keep reading.

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Bankruptcy Lawyer Bryan W. Stone answers the question: “What is a small business bankruptcy ?”

No, the top executives for the bankrupted Sports Authority do not have the authority to give themselves $2.85 million in bonuses, the company’s U.S. bankruptcy judge has ruled.

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Bankruptcy Lawyer Bryan W. Stone answers the question: “What is a small business bankruptcy ?”

The founder of the online media empire Gawker, Nick Denton, just filed for Chapter 11 bankruptcy protection. Denton joins a former editor of Gawker and the company itself in bankruptcy, a chain reaction that started when Gawker lost its fight against Hulk Hogan. The case brought by the former professional wrestler resulted in a massive $140 million judgment against Gawker and Denton. Though the company has said it intends to appeal the verdict, judges so far have refused to stay the decision meaning the money is owed and Hogan is free to begin seizing assets, not only of the company, but of Denton.

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Bankruptcy Lawyer Bryan W. Stone answers the question: “What are North Carolina’s exemptions?”

Bankruptcy is a good thing for most people who choose to pursue it. By the time they consider filing they are typically in a tough financial spot, with mounting debt and not enough income to go around. Though bankruptcy is an excellent opportunity for a fresh start, there are certainly costs. Beyond the actual expense of filing and the harm that filing can do to your credit, bankruptcy can also mean the loss of property. To find out more about what happens to your property when filing for bankruptcy, keep reading.

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Bankruptcy Lawyer Bryan W. Stone answers the question: “What is Chapter 7 Bankruptcy?”

Those without previous knowledge may not realize that Chapter 7 bankruptcy isn’t something that is automatically available to everyone. Instead, you must first qualify before a court will allow you to pursue a Chapter 7 liquidation bankruptcy. So what do you need to do to qualify? The bankruptcy code requires filers to pass what’s known as a means test. To learn more about the means tests and how they work, keep reading.

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Bankruptcy Lawyer Bryan W. Stone answers the question: “What is Chapter 7 Bankruptcy?”

Erin Andrews was recently in the news for her successful lawsuit against her stalker and a Nashville hotel where a video of her undressing was secretly recorded through her room’s peep hole. Andrews, the famous sports personality, launched her legal claim in an attempt to hold those responsible for causing her harm financially accountable for their actions. When the judgment was handed down for a whopping $55 million, it was clear she had accomplished what she set out to do.

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Bankruptcy Lawyer Bryan W. Stone answers the question: “What is Chapter 11 Bankruptcy?”

No one thinks bankruptcy is ideal, whether we’re talking on the personal or corporate level. In the case of a commercial bankruptcy, many people wonder what is the best way to go, either Chapter 7 or Chapter 11. Though neither represents the best possible outcome, filing for bankruptcy doesn’t have to be a disaster either and it’s worth weighing your options about which path forward offers the most benefits.