Blog Posts in Bankruptcy

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 ...

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 ...

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 ...

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. ...

In a Chapter 7 bankruptcy case , a reaffirmation agreement is a legally binding agreement between the debtor and a creditor, in which the debtor agrees to repay a debt that would otherwise be ...

Under Alabama bankruptcy law , you may be able to exempt certain business property in a bankruptcy case. The specific exemptions available to you will depend on the type of bankruptcy you are filing ...