A post about Schubach Jewelers’ bankruptcy prompted a question from a reader. She asked, “I have a warranty on a piece of jewelry. What happens now?” It’s a great question [...]
The Means Test, officially known as the Statement of Current Monthly Income, is a nasty provision added to the Bankruptcy Code in 2005 after predatory credit card issuers convinced Congress that [...]
What happens to student loan debt in bankruptcy? For the most part, it’s non-dischargeable unless the debtor can show that being required to repay the loan will cause an “undue [...]
When a person files bankruptcy, a bankruptcy estate is created. This estate consists of all the property that becomes subject to the control and administration of the bankruptcy trustee. Very [...]
The largest utility company in California, Pacific Gas and Electric, or PG&E, filed Chapter 11 last week, listing over $50 billion in assets and $50 billion in debt. This bankruptcy might [...]
Another iconic retailer, Gymboree, has filed bankruptcy. This is the second Chapter 11 filing in two years, prompting some to label this a “Chapter 22.” Founded in 1986, Gymboree [...]
The legal cannabis industry is estimated to be around $10 billion. As more states legalize some form of marijuana use, whether medicinal or recreational, that number is sure to grow. Ever since [...]
As 2018 wraps up, millions of people are finalizing their divorces, trying to beat the New Year. The reason is that December 31, 2018, marks the end of tax deductions for alimony payments. If a [...]
For decades, Schubach Jewelry has been a staple in Utah’s jewelry business. Long before you had a friend in the diamond business, before he went to Jared, or even before every kiss began [...]
My goal is to make the bankruptcy process as easy and painless as possible. Together we meet that goal in about 99% of the cases. For those cases, the timeline looks a lot like this: Initial [...]
