Posted on: April 21, 2020

Posted by: National Bankruptcy Forum

In a word, yes, in light of the changing business landscape during COVID-19, even the bankruptcy courts are easing up on in person requirements, such as the meeting of creditors. The coronavirus is shaping up to be a once in a lifetime financial event. Although no one knows what the economic impact will be (and…

Posted on: April 21, 2020

Posted by: National Bankruptcy Forum

On March 27, 2020, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act, Public Law 116-136 (the “CARES Act,”). Under the CARES Act, Congress authorized $349 billion for the Small Business Administration’s (“SBA”) Paycheck Protection Program (the “PPP”), and is likely to soon add an additional $250 billion as funds quickly ran out…

Posted on: April 17, 2020

Posted by: National Bankruptcy Forum

In the last few weeks as Vice President Biden has solidified his position as the presumptive Democratic Party Presidential nominee, he has adopted positions of his former rivals to unify the party, including endorsing Senator Warren’s proposals relating to the changes adopted in the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, Public Law…

Last updated: April 2, 2020

Posted by: National Bankruptcy Forum

If you have a low credit score, it probably either means you’re just starting to build your credit as a young adult, or you’ve been unable to pay bills, been sent to collections, and your score has consequently taken a dive. If you’re a young person, credit card companies are probably banging down your door…

Last updated: April 19, 2018

Posted by: National Bankruptcy Forum

Life after college can be an overwhelming and emotional process. We get our first “real” jobs after spending a few years racking up student loan debt, and then it’s on to possibly looking into buying a home and starting a family. By the time we’re nearing our mid- to late-20s, we wonder: Where has all…

Last updated: April 3, 2020

Posted by: National Bankruptcy Forum

There are plenty of commercials on TV claiming it’s easy to get tax debt forgiven by the IRS. But, you know what they say – if it sounds too good to be true, it probably is. Be careful. There are excellent tax attorneys who may be able to work a deal with the tax man….