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Bankruptcy News

Student Loan Crisis

The Student Loan Debt Crisis It is estimated that over 40 million Americans have outstanding student loans, averaging more than $35,000 per student, and totaling upwards of $1.4 trillion in total debt. What is more concerning than the volume, is the fact that nearly...

FAR/BAR Real Estate Contract

FAR/BAR Real Estate Contract As of April 4, 2017, the newest revisions to the FAR/BAR “Residential Contract for Sale and Purchase” have gone into effect. This latest version contains some minor changes as well as a major overhaul of “Paragraph 8 – Financing”. It is...

Bankruptcy’s Special Inheritance Rule

Bankruptcy’s Special Inheritance Rule For nearly all intents and purposes, the filing of a bankruptcy case draws a line in the sand of time. This normally means that any assets or income which are earned after filing the case do not become part of the bankruptcy and...

Bankruptcy Filing For Married Couples

Filing jointly not only relieves both spouses of the financial responsiblity, but it saves money! When deciding to file for bankruptcy, married individuals can elect to file either individually, jointly, or separately. It would be rare for a couple to want to file...

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