Before bankruptcy, sometimes you need to borrow money from Mom. You might want to borrow that money and put her on your car title. Now Congress made it illegal for me, a bankruptcy lawyer, to advise you to borrow money. But the Supreme Court said it’s legal...
Do I need to file business bankruptcy? A lot of people who think they need to file business bankruptcy really don’t. They often need to do a personal bankruptcy, instead. And they need to just dissolve their LLC or S corporation. Does this apply to you? You...
Bill, not his real name, is filing bankruptcy with me in October. (He needs a couple more months to finish everything to get his bankruptcy approved.) In the meantime, he received a warrant in debt. Midland Credit Management, a big debt buyer, was suing him on a old...
Suppose, when you are filing bankruptcy in Virginia, you have too much cash. You can turn it over to the bankruptcy court to divide among the people you owe money to. Or you can find legal ways to spend it. (When you file bankruptcy in Virginia, you are only allowed...
If you buy furniture, appliances or jewelry on store credit, they have a right to get it back after your bankruptcy is over. (Unless you keep paying, of course.) In Virginia, and most states, that right is found in the Uniform Commercial Code....
