by Farva | Sep 16, 2020 | Bankruptcy
Medical debt is one of the most overwhelming types of debt there is, and one of the most common reasons why individuals file for Chapter 7 bankruptcy. On top of the physical, mental, and emotional toll of battling disease or dealing with an accident, you’re left with...
by Farva Jafri | Jul 29, 2020 | Bankruptcy
On February 19, 2020, the Small Business Reorganization Act of 2019 (SBRA) took effect. The SBRA added a new subsection to Chapter 11 of the Bankruptcy Code, so creditors may hear it called Subchapter V. It creates a faster and less expensive Chapter 11...
by Farva Jafri | Jul 22, 2020 | Bankruptcy
A party who believes that a bankruptcy court erred in either granting or denying relief from the automatic stay needs to act fast to appeal such a decision. In the recently decided case of Ritzen Group, Inc. v. Jackson Masonry, LLC, the U.S. Supreme Court held that:...
by Farva | Jul 5, 2020 | Bankruptcy
Facing the prospect of filing bankruptcy can be daunting. At a time when you’re under serious financial stress, you have to figure out if seeking legal protection from your creditors is the right move and what are the long-term effects of doing so. Your decision may...
by Farva | Jun 27, 2020 | Bankruptcy
PG&E has proposed an approximately $58 billion-dollar reorganization plan that includes settlements exceeding $25 billion to resolve claims by wildfire victims and regulatory agencies. The plan anticipates relying in part on “critical protections” and support from...
