When doctors, lawyers, accountants file for bankruptcy

Professionals and Bankruptcy: Issues, Risks and Opportunities

Professionals and Bankruptcy: a high-level overview by Dean Langdon Those who practice a profession tend to be well-respected and well-compensated by society for their services and contributions. But, mastering a profession does not automatically translate to business success.  As a lawyer, I left law school with limited insight into how to start,

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Does my spouse have to file bankruptcy?

Does my spouse have to file bankruptcy?

I’m married, does my spouse have to file bankruptcy? by Jamie L. Harris I frequently meet with individuals for consultation regarding personal bankruptcy and one of the most commonly asked questions is “does my spouse have to file bankruptcy” relief.  There is no requirement that your spouse file for bankruptcy

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Softening the Standard for Discharge of Student Loan Debt

According to data compiled by the Federal Reserve, national student loan debt in the United States rose an astounding 275% from 2003 ($241 billion) to 2012 ($904 billion).  This surge in student loan debt was no doubt spurred by the economic downturn, as people who lost jobs or could not

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Someone Who Owes Me Money Filed for Bankruptcy

By Jamie L. Harris Creditors who receive a notice from a debtor in a Chapter 11 bankruptcy case may find the Chapter 11 bankruptcy process overwhelming and confusing.  If someone owes you money that makes you a creditor, and them a debtor.  As a creditor, it is critical to understand

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Feasibility: Confirming a Chapter 11 Plan

By Jamie Harris In order to obtain confirmation of a Chapter 11 plan of reorganization, a plan proponent must demonstrate by a preponderance of the evidence that confirmation of the debtor’s plan is not likely to be followed by the liquidation, or the need for further financial reorganization, of the

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Does Bankruptcy Cover Tax Debt?

By Jamie L. Harris Does bankruptcy cover tax debt? This is a very common question. If you are facing tax debt and have been unable to get a payment agreement with the taxing authorities or have defaulted under an existing payment agreement, Chapter 13 bankruptcy may be an option for

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Looming CMBS Loan Maturities

Looming CMBS Loan Maturities 2015 to 2017 By Laura Day DelCotto The commercial mortgage-backed securities (CMBS) market exploded in the early 1990s as a huge new source of capital for commercial real estate projects.   As many of these debts begin to mature in 2015, the forecast is uncertain.    Some predict

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