Bankruptcy Lawyer Bryan W. Stone answers the question: “What is a bankruptcy discharge ?”
In March 2020, President Donald Trump signed into law the historic CARES Act in response to the COVID-19 pandemic. CARES stands for the Coronavirus Aid, Relief, and Economic Security. The Act covers unemployment and provides relief to American workers and small businesses impacted by the pandemic and government-ordered shutdowns.
Bankruptcy Lawyer Bryan W. Stone answers the question: “What is a bankruptcy discharge?”
During these unprecedented times, we decided to address some of our clients’ most frequently asked questions regarding the COVID-19 pandemic’s impact on bankruptcy cases.
Bankruptcy Lawyer Bryan W. Stone answers the question: “Should I file bankruptcy?”
In any lawyer/client relationship, you have to feel comfortable with your representation. Bankruptcy is a stressful and complicated process. You should have no difficulty in asking your attorney questions, requesting explanations, and needing to go over your options during the course of your case. Strategy and filing deadlines are important in bankruptcy. For instance, the decision to file under Chapter 7 or Chapter 13 for individuals will determine the time-frame, which debts are discharged, and what kinds of property they will be able to keep.
Bankruptcy Lawyer Bryan W. Stone answers the question: “Are my 401k and IRA protected in bankruptcy?”
Normally, arbitration comes up in the context of personal injury cases. A good example is one of the most common instances of arbitration language, which is in nursing home admittance paperwork. The nursing homes include language requiring arbitration, which shields the nursing home from the public, lengthy, expensive and uncertain courtroom litigation process and instead allows them much greater control by requiring all potential plaintiffs to bring their disputes before an arbitrator. This has come under attack in recent years, as many argue that arbitration clauses, especially arbitration clauses that restrict consumers, are unfair.
Bankruptcy Lawyer Bryan W. Stone answers the question: “Can I get credit after filing personal bankruptcy?”
Those following business headlines have likely seen news of how hard hit brick-and-mortar retailers have been in recent years. Though consumers haven’t stopped spending, it does appear that their habits have changed, with far more dollars flowing through the internet than through traditional retail stores. This has led to a string of bankruptcies in the industry, including Aeropostale, RadioShack and American Apparel (which recently filed for the second time). Analysts say that in the coming month and years other big companies are expected to follow suit.
Bankruptcy Lawyer Bryan W. Stone answers the question: “What is a small business bankruptcy ?”
A cross-continental bankruptcy case recently cast some light on the ways in which representatives of non-citizen debtors can—and cannot—track down those who owe the debtors money.
Bankruptcy Lawyer Bryan W. Stone answers the question: “What are North Carolina’s exemptions?”
Charles Jones may have made his living reselling textbooks, but his resulting bankruptcy case is turning out to be anything but a textbook one.
Bankruptcy Lawyer Bryan W. Stone answers the question: “Does Bankruptcy stop foreclosure?”
The Orange County probation department received a “scolding” this week from a federal court for hounding a California mother into bankruptcy and beyond to pay the $16,000 it said she owed them for incarcerating her son in a juvenile detention facility.
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?
Bankruptcy Lawyer Bryan W. Stone answers the question: “What is Chapter 7 Bankruptcy?”
While earning a salary of over $90,000 as chairman of the Illinois parole board four years ago, Adam Monreal signed numerous sworn documents in his personal bankruptcy proceeding reporting his annual salary as $38, 676.
Charlotte Bankruptcy Lawyer Blog