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Blog Posts in 2023

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  • What Is the HAVEN Act in Bankruptcy Cases?
    What Is the HAVEN Act in Bankruptcy Cases?

    The HAVEN Act is a U.S. federal law that was signed into law in 2019. Its common name, the HAVEN Act, is shorthand for "The Honoring American Veterans in Extreme Need Act of 2019". The law is designed ...

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  • Can A Ch 11 Case Be Involuntarily Converted To Ch 7?
    Can A Ch 11 Case Be Involuntarily Converted To Ch 7?

    Yes, it is possible for a Chapter 11 bankruptcy case to be converted involuntarily to a Chapter 7 bankruptcy case under certain circumstances. In the United States, bankruptcy cases are typically ...

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  • What Are The Requirements For A Promissory Note?
    What Are The Requirements For A Promissory Note?

    A promissory note is a legally binding document that outlines a borrower's promise to repay a specific amount of money to a lender within a defined period of time. It serves as a written agreement ...

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  • How Can I Get A Judgment Lien Off Of My House?
    How Can I Get A Judgment Lien Off Of My House?

    To avoid a judgment lien under Chapter 13 of the United States Bankruptcy Code, specifically section 522(f), you need to follow certain steps and meet specific criteria. Here's a general guide on how ...

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  • What Is Chapter 11 Subchapter V?
    What Is Chapter 11 Subchapter V?

    Chapter 11 Subchapter V is a section of the U.S. Bankruptcy Code that was introduced in 2019 as part of the Small Business Reorganization Act (SBRA). This subchapter is designed to make the Chapter 11 ...

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  • Reducing Or Stripping Off State Or Federal Tax Liens In Chapter 13 Bankruptcy Cases
    Reducing Or Stripping Off State Or Federal Tax Liens In Chapter 13 Bankruptcy Cases

    Under 11 USC 506, the value of a state tax lien can be determined by subtracting the amount of any prior liens from the value of the property. The remaining amount is the value of the state tax lien. ...

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