Articles Tagged with bankruptcy filing

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

When you think of emotional distress claims, you understandably think of them in a personal injury context. The term is almost always associated with car accidents or workplace injures, something where someone also suffers physical harmed. Though it’s true that emotional distress exists primarily in the personal injury world, a recent case decided by the U.S. Court of Appeals for the Third Circuit demonstrates that emotional distress can sometimes involve bankruptcy proceedings.

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

Everyone has heard that medical expenses are a major cause of bankruptcy filings, and it makes sense. A sudden medical emergency, especially for those without insurance, can be devastatingly expensive, sometimes costing hundreds of thousands of dollars. Another major factor in bankruptcy is job loss. You lose your income, it isn’t a surprise that you lose your ability to keep up with your bills. But what about parking tickets? Surely parking tickets aren’t a contributor to bankruptcy filings. According to some experts in Chicago, they might be.

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Bankruptcy Lawyer Bryan W. Stone answers the question: “Are my 401k and IRA protected in bankruptcy?”

In a horrifying bit of news for residents of Michigan, critics say that a state agency may be responsible for forcing hundreds and maybe even thousands of people into unnecessary bankruptcies. Reports indicate that Michigan’s Unemployment Insurance Agency has filed a number of false claims alleging that individuals have been overpaid unemployment benefits. These claims then force otherwise financially stable individuals into bankruptcy, at which point the UIA extracts massive settlements in exchange for eliminating the debt.

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

The past week has been a tough one for the “Nasty Women” of the world, and not just Hillary Clinton supporters.

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Bankruptcy Lawyer Bryan W. Stone answers the question: “What is Chapter 13 bankruptcy?”

It probably comes as no surprise that the automobile parts manufacturer responsible for what became the industry’s largest global recall is now reportedly considering a bankruptcy filing for its U.S. subsidiary.

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Bankruptcy Lawyer Bryan W. Stone answers the question: “Will anyone find out about my bankruptcy?”

Bankruptcy judges are people too, in that in their free time, some like to occasionally relax at home and channel-surf.

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Bankruptcy Lawyer Bryan W. Stone answers the question: “Can I get credit after filing personal bankruptcy?”

If you pay much attention to the news you’ve likely heard about Donald Trump and his past financial problems. Though Trump claims he’s a billionaire many times over, his opponents enjoy pointing out his repeated financial distress. The claim from rivals is that the man has filed for bankruptcy four times before. The argument often made is that because he presided over so many bankruptcies of his own, he shouldn’t be trusted to watch out for the financial security of a country far larger and more complex than any of his businesses.

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Bankruptcy Lawyer Bryan W. Stone answers the question: “What are the pros and cons of bankruptcy?”

The rapper 50 Cent has been in the news a lot recently, all related to troubles surrounding his pending bankruptcy petition. Thankfully, he may finally get himself off the front page, at least as it relates to his financial affairs.

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

In a real-world flip flop that would have probably lost some votes for the fictional role he portrays on television, House of Cards actor Kevin Spacey backed out of plans this week to become Relativity Media’s newest chairman, mere days after declaring via video to the company’s bankruptcy judge that he was excited to take on the position.

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Bankruptcy Lawyer Bryan W. Stone answers the question “Can I buy a home after bankruptcy?”

Last month Ann Nevins, a bankruptcy judge in Connecticut, ordered Curtis Jackson (also known as 50 Cent) to explain why he had been posting images on social media sites which appeared to showcase the life of a wealthy rapper rather than someone in the midst of a bankruptcy filing. Judge Nevins criticized the pictures as disrespectful to the court and to the bankruptcy process. Beyond making a mockery of the dire straits most people find themselves in when seeking bankruptcy protection, 50 Cent was also facing potentially serious trouble if it was discovered that he had been hiding assets from the bankruptcy court, a crime.