Displaying posts tagged with

“Debts”

California plant seller files for bankruptcy

Bankrutpcy News » Bankruptcy By Eric SandersonMay 25th, 2011 A wholesale potted plant company in San Mateo County, California, recently filed for Chapter 11 protection.Nurserymen's Exchange plans to sell to new owners over the course of the next two months, as well as rid itself of 28 acres of land for approximately $8 million, according [...]

If I make more than the median income in my area, how do I know if I will qualify for chapter 7 bankruptcy?

I am confused about how the means test works for a chapter 7 bankruptcy. I make more than the median income in my area, however my debts are pretty large. My last 6 month's income was about 29K, but my fixed monthly debts are around 4K. That is before food, gas, and all the other [...]

Am I Responsible for a Deceased Child Borrower’s Student Loan Debt?

New here? Get free automatic updates sent to your email box! On more than one occasion, I have represented individuals in Chapter 7 and Chapter 13 bankruptcy cases when the debt that prompted the filing was wholly or in large part co-signed debt.   It seems that underwriting standards for most large loans have become tighter [...]